Odaily News Benchmark analyst Mark Palmer stated that the weak stock price of Strategy reflects a narrowing premium on its Bitcoin holdings, rather than mismanagement. The company has been continuously adjusting its balance sheet, pioneering instruments like perpetual preferred stock to provide permanent capital and expand demand for Bitcoin-related securities. With the inclusion in the S&P 500 index, Strategy remains one of the most liquid ways to invest in Bitcoin. Palmer reiterated a "buy" rating on Strategy with a target price of $705. (CoinDesk)
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Benchmark: The weak stock price of Strategy is not due to poor management, reiterating a buy rating.
Odaily News Benchmark analyst Mark Palmer stated that the weak stock price of Strategy reflects a narrowing premium on its Bitcoin holdings, rather than mismanagement. The company has been continuously adjusting its balance sheet, pioneering instruments like perpetual preferred stock to provide permanent capital and expand demand for Bitcoin-related securities. With the inclusion in the S&P 500 index, Strategy remains one of the most liquid ways to invest in Bitcoin. Palmer reiterated a "buy" rating on Strategy with a target price of $705. (CoinDesk)