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ImportantCryptoQuant CEO: Analysts Remain Broadly Bullish on MSTR, with Target Prices on the Rise

CryptoQuant CEO Ki Young Ju stated on X that analysts remain broadly bullish on MSTR, with target prices being revised upward. Target prices set by Citi, Barclays, and B. Riley stand at $240, $175, and $195 respectively. He believes the MSCI adjustment only impacts capital flows and has already been priced in by the market. He noted that three metrics are more noteworthy at present: an approximate 1.0x mNAV, the STRC preferred shares maintaining par value, and a $3.75 billion dividend reserve. Earlier today, MSCI finalized rules to exclude bitcoin treasury companies from its global indices, which may expose Strategy to $2.8 billion in capital outflows.

Source: PANewsRead original

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