Cantor Fitzgerald Raises Strategy Price Target to $208, Bitcoin Forecast to $112K
- —MSTR price target raised to $208 from $186, Overweight rating maintained
- —12-month Bitcoin forecast lifted to $112,000 from $98,000
- —Strategy enterprise value estimate raised to $110 billion from $97 billion
- —MSCI will publish its final list of affected constituents on November 11, rules take effect after November 30 close
Why it matters: MSCI's decision on Strategy could trigger selling pressure on MSTR, while the Bitcoin forecast sets a market benchmark.
Source: CoinGape