MSTR Stock Target Cut to $213, ‘Outperform’ Rating Maintained After Strategy’s Latest Bitcoin Sale

Boluwatife Adeyemi
Updated
Boluwatife Adeyemi

Boluwatife Adeyemi

Managing Editor (News)
Expertise : Crypto, Stocks, Tokenization, AI, Prediction Markets, Crypto Regulation
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
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Highlights

  • Mizuho analysts have cut the MSTR stock target to $213 from $265.
  • They have maintained the outperform rating for the stock.
  • The new target is based on their Bitcoin price forecast for 2027.

Mizuho analysts have set a new price target for MSTR stock following Strategy’s major Bitcoin sale last week. The analysts still maintained their outperform rating for the stock, forecasting it would surge above the psychological $200 level.

Mizuho Cuts MSTR Stock Price Target To $213

The analysts cut the price target to $213 from $265 after adjusting their Bitcoin price forecast to $71,500 at the end of 2027. However, there is no change in their outlook on the crypto stock as they maintained their outperform rating.

This cut in the MSTR stock price target follows Strategy’s latest Bitcoin sale. As CoinGape reported, Strategy sold 3,588 BTC for $216 million to fund dividend payments for its digital credit securities.

The Bitcoin treasury firm now holds 843,775 BTC and $2.55 billion in its USD Reserves. It is worth noting that the MSTR stock bounced above the psychological $100 level yesterday after the announcement of the latest BTC sale. The stock climbed as Bitcoin rallied above $63,000.

The crypto stock is also up in premarket trading today, trading at around $101, according to TradingView data. However, MSTR is still down over 34% year-to-date (YTD) as BTC continues to struggle in these bear market conditions.

MSTR daily chart
Source: TradingView; MSTR daily chart

Why The Bitcoin Sale Could Be Bullish

Crypto researcher Ignas noted that Strategy’s Bitcoin sale could be bullish if it leads to the S&P 500 including the Bitcoin treasury firm in its index. Ignas added that S&P Global wanted proof that Strategy can raise cash during a ‘Bitcoin stress’ and that they now have it.

The crypto researcher further cited this as bullish for MSTR stock, as index funds would have to buy the Strategy common stock if the company gains inclusion in the S&P 500. He predicts that Strategy could buy back all the NTC it has sold once this happens.

Crypto commentator Zayn also echoed a similar sentiment, describing Strategy’s Bitcoin sale as bullish towards its potential inclusion in the S&P 500. He noted that Michael Saylor and his company have responded to concerns from S&P Global by establishing a USD reserve, repurchasing their convertible debt, and selling BTC to pay dividends, thereby killing the ponzi narrative and maintaining strong access to capital markets during a BTC bear market.

For more information about institutional Bitcoin purchase, check out our page on Best Bitcoin ETF Platforms

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.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.

About Author
About Author
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.