Citi Turns More Bullish on Bitcoin and Strategy: New Targets at $113,400 and $240
- —12-month BTC target raised roughly 40% to $113,400
- —Citi expects about $5 billion in crypto inflows over the next year via advisers and brokerages
- —MSTR target lifted from $136 to $240 with a buy rating maintained
- —34% of MSTR upside tied to BTC appreciation, 16% to a wider mNAV premium
Why it matters: A major bank's upgraded forecast reinforces the institutional narrative and could support inflows into BTC and treasury-company stocks.
Source: CryptoPotato