MicroStrategy Community

MicroStrategy Incorporated (MSTR), currently trading at $334.79 per share, has garnered significant attention due to its substantial Bitcoin holdings, which have become a central component of its valuation strategy. Analysts have set a 12-month average price target of $549.36, with estimates ranging from $480.00 to $650.00, indicating a cautiously optimistic outlook.

Company Overview MicroStrategy, originally an enterprise analytics software provider, underwent a seismic transformation under the leadership of Michael Saylor. Once competing with industry giants like IBM and Oracle, its core software business faded in relevance long before the company embraced a bold and unconventional strategy: Bitcoin acquisition.

Catalysts Bitcoin as the first-class wealth preservation medium Risk-off asset - hedging against macroeconomic tailwinds - e.g. currency debasement, hyperinflation Institutional Bitcoin Adoption Bitcoin Halving Zero-competition in aggregate BTC ownership (1%+) Assumptions Bitcoin continue to attract greater inflows MSTR continues to purchase bitcoin MSTR continues to innovate in its B2B data intelligence offerings Risks Restrictive government regulation on Bitcoin or the broader cryptocurrency market. Valuation With BTC PT of $100,000 by 2024, MSTR circa $2,500 With BTC PT of $150,000 by 2026, MSTR circa $4,000 With BTC PT of $250,000 by 2028, MSTR circa $7,500