Crypto stocks gain as Bitcoin rises above $69,000

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BTIG on Strategy (MSTR): 'STRC Issuance is Accelerating. Stripping the Volatility Out of BTC Holding'

April 8, 2026 5:35 AM EDT

BTIG analyst Andrew Harte reiterated a Buy rating and $250.00 price target on Strategy (NASDAQ: MSTR)

The analyst comments "STRC (Not Rated) is Strategy's most notable innovation for its capital structure since its initial bitcoin purchase in 2020. Strategy seeks to accomplish two things with STRC: 1) raise accretive capital at scale to fund continued BTC accumulation and drive BTC yield, and 2) offer credit investors a superior... More