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A report from Jinse Finance states that analysts from TD Cowen have indicated that although the mNAV of Strategy has recently fallen below 1 (, this means that the trading price of the stock is lower than the market value of the amount of Bitcoin it holds ), and Bitcoin has dropped to its lowest level in seven months, this does not change the long-term outlook. The company believes that as the scale of their Bitcoin accumulation model expands, there is still plenty of room to rise. Analysts Lance Vitanza and Jonnathan Navarrete maintain a price target of 585 USD for MSTR, which implies about 170% of upside potential compared to Strategy's current stock price of around 194 USD. They point out that the current weakness reflects more the volatility of the market, rather than the company's ability to accumulate more Bitcoin having undergone any changes.

BTC-1.54%
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