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Benchmark on MicroStrategy (MSTR) Post Investor Meeting with Michael Saylor
January 14, 2025 7:05 AM ESTBenchmark analyst Mark Palmer reiterated a Buy rating and $650.00 price target on MicroStrategy (NASDAQ: MSTR)
The analyst comments " The reasons why MicroStrategy (MSTR) is looking to perpetual preferred stock as the next instrument through which it will raise capital to fuel its purchases of bitcoin, the process the company uses to decide how much capital to raise/bitcoin to buy during a given period, and legislative changes that could occur during the coming year that would support demand for bitcoin were among the topics discussed yesterday during a Benchmark-hosted investor meeting with Michael... More
