Citi raises Strategy (MSTR) price target to $240 from $136, keeps Buy
- —Citi raised its MSTR target to $240 from $136, up 76%
- —Buy rating on Strategy shares maintained
- —Bitcoin traded near $86,188 at the time of the report
- —Citi's valuation assumptions were not disclosed
Why it matters: A bullish call from a major bank on the largest corporate bitcoin holder supports sentiment, though it reflects an equity view rather than direct BTC demand.
Source: Siam Blockchain