Analyst Lance Vitanza noted the role of the company’s preferred equity in last week’s $2.1 billion bitcoin purchase.
Strategy’s lofty $440 price target defended at TD Cowen
Analyst Lance Vitanza noted the role of the company’s preferred equity in last week’s $2.1 billion bitcoin purchase.
Shares:
U.S. GDP turned negative in the first quarter, while prices rose more than forecast; ADP jobs data was the weakest in nearly one year.
With volatility elevated ahead of an upcoming Bitcoin conference, investors eye a summer breakout as ETH rises and BTC consolidates near $110,000.
The price has jumped 33% in a few weeks after plunging to $75,000 in the days following President Trump's early April Liberation Day tariff announcement.
Bitcoin's price has surpassed $100,000, yet only 18% of surveyed interns own or use cryptocurrencies, indicating early-stage adoption.