24/7 Cryptocurrency News

MicroStrategy on Track for Higher Gains Amid Bets on Bitcoin Halving Surge

Analysts expect gains for MicroStrategy to keep going after the eagerly anticipated Bitcoin halving takes place.
Published by
MicroStrategy on Track for Higher Gains Amid Bets on Bitcoin Halving Surge

Highlights

  • MicroStrategy Inc.'s 150% increase—which was fueled by a significant wager on Bitcoin—may rise even higher as the cryptocurrency climbs.
  • MicroStrategy has been extremely optimistic about the progression of Bitcoin prices.
  • Andrew Harte raised his price target to $1,800 for MicroStrategy , suggesting that the shares may rise by at least 10%.

MicroStrategy has seen an unprecedented upward trend in share movement thanks to the Bitcoin bull run and ETF approval. Bloomberg in its report says that the the gains could continue the momentum once the awaited Bitcoin Halving happens. The supply and demand reaction that halving usually creates leads to Bitcoin prices rising. This could further help MicroStrategy gain more in terms of share movement.

Advertisement

MicroStrategy May See Higher Stock Gains

Bloomberg highlights that according to experts at BTIG, MicroStrategy Inc.’s 150% increase—which was fueled by a significant wager on Bitcoin—may rise even higher as the cryptocurrency climbs.

On Friday, analyst Andrew Harte raised his price target to $1,800, suggesting that the shares may rise by at least 10% from their current level of trade. That is more than twice as much as his previous goal of $780.

Read Also: Spot Bitcoin ETF: BlackRock Adds Goldman Sachs, Others As APs

Advertisement

MicroStrategy Bullish About Halving

MicroStrategy has been extremely optimistic about the progression of Bitcoin prices. Previously, co-founder Michael Saylor identified the upcoming April halving as a major factor behind the predicted increase in the price of Bitcoin. In his explanation of the halving’s reasoning, Michael Saylor noted that it will slow down the production of new Bitcoins and is anticipated to limit the natural supply from sellers, which will increase demand and hike prices. Saylor’s remarks have brought attention to the increasing rivalry between Bitcoin and gold, demonstrating Bitcoin’s rise as a stand-in for traditional stores of wealth.

Advertisement

MicroStrategy Increases Convertible Senior Notes

Previously, MicroStrategy, a major participant in the cryptocurrency space, said that it would increase the amount of convertible senior notes it offers to an astounding $525 million. This calculated action comes soon after the company’s last attempt, just a few weeks ago, to increase the sale of notes to a total of $700 million.

The significant rise highlights MicroStrategy’s steadfast dedication to strengthening its Bitcoin holdings, indicating a strong conviction in the long-term worth and potential of Bitcoin as a key component of its tactical toolkit. MicroStrategy hopes to strengthen its position financially and establish a stronger presence in the constantly changing cryptocurrency market by increasing its reserves through this offering.

Read Also: Shiba Inu (SHIB) Spotlights Listing On Nexo, SHIB Price To Rally?

Advertisement

Share
Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

S&P Launches Crypto 50 Index But There’s A Catch

S&P Dow Jones Indices has introduced a new crypto index called the S&P Digital Markets…

October 7, 2025
  • 24/7 Cryptocurrency News

NYSE Owner ICE to Invest $2B in Polymarket as Interest in Prediction Markets Heats Up

Crypto predictions platform Polymarket has secured a strategic investment from New York Stock Exchange (NYSE)…

October 7, 2025
  • 24/7 Cryptocurrency News

Expert Predicts SOL ETF Approval This Week as Solana ETPs Break All-Time Record

An expert has predicted that the U.S. SEC could finally approve the pending SOL ETF…

October 7, 2025
  • Altcoin News

XRP On-Chain Data Flashes Buy Signal as Analysts Target $4

On-chain data expert Santiment claimed XRP is flashing a promising buy signal. The highest level…

October 7, 2025
  • 24/7 Cryptocurrency News

U.S. To Start Funding Its Bitcoin Reserve Anytime, Says Senator Lummis as BTC Rally Extends

Senator Cynthia Lummis confirmed that the U.S. government would begin funding its Strategic Bitcoin Reserve…

October 7, 2025
  • 24/7 Cryptocurrency News

Bitcoin Should Be At $148,000 To Match With Gold Rally, Says Peter Schiff

Bitcoin price surged to a fresh all-time high at $126,198, with its market cap surging…

October 7, 2025