24/7 Cryptocurrency News

XRP Lawyer Predicts When MSTR Stock Will Rally to $500 and Beyond

Published by

Despite Michael Saylor’s Strategy (NASDAQ: MSTR) facing major selling pressure last week, XRP lawyer John Deaton predicts a bull-case scenario with a target of $500 and beyond. The MSTR stock has been under strong selling pressure after Saylor made a U-turn on his decision to continue with equity dilution, even under 2.5 mNAV. But with strong Q2 results and Bitcoin price rally expectations, analysts are hopeful for a stock recovery ahead.

Advertisement

XRP Lawyer Predicts MSTR Stock Price During Bitcoin Bull Run

John Deaton, the popular XRP attorney, shared his outlook on Bitcoin and MicroStrategy, predicting that BTC price could surge to between $180,000 and $250,000 within the next year. Deaton’s prediction for BTC is similar to that of other industry heavyweights like Eric Trump and Anthony Scaramucci.

Deaton stated that such a rally would likely propel MSTR stock, currently trading at $358, beyond $500 per share. However, the XRP attorney warned that the cycle may reverse with a 30–40% correction in Bitcoin price. This could potentially trigger a major decline in the Strategy stock price.

Deaton added that this scenario could lead to speculation about Saylor being forced to sell and rumors of liquidation. Last week, Michael Saylor faced criticism after taking a U-turn on the company’s mNAV policy linked to equity dilution.

With Strategy reporting a net income of $10 billion during the second quarter this year, company CFO, Andrew Phang, announced that they won’t proceed with stock dilution under 2.5mNAV. Amid MSTR stock underperforming over the past few months, the mNAV has crashed from 3.68x in December 2024 to now at 1.6x. As the company struggles to maintain a premium to BTC, Michael Saylor made a huge flip on Strategy’s stock issuance policy.

Advertisement

Strategy to Become Wall Street’s Biggest Firm?

Despite the current underperformance of the MSTR stock on Wall Street, analysts remain bullish on Strategy’s future. In an interview a few weeks ago, Fundstrat’s Tom Lee has suggested that MicroStrategy could emerge as one of the largest publicly traded companies if Bitcoin reaches $1 million.

According to Lee, the company’s potential valuation would not be driven by earnings but by the sheer value of its Bitcoin holdings. “Exxon was oil. Strategy is Bitcoin,” Lee remarked.

Furthermore, while addressing the current skepticism on MSTR performance, Strategy Treasurer Shirish Jajodia, spoke at the Coin Stories podcast with Natalie Brunell, stating that over time, investors will realize the recent shift in the company’s policy.

Currently, the Strategy stock price is trading at $358, down by 12% over the past month. Amid the recent correction, the stock touched a four-month low, with analysts seeing some more downside to $300, before the stock resumes its upside journey. The stock has already shown reversal signs, bouncing back from the lows of $330 last week, with 6% upside during Friday’s trading session.

Advertisement

Share
Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Published by

Recent Posts

  • 24/7 Cryptocurrency News

Bank of America, Citigroup and Goldman Sachs Explore Issuing Stablecoins Pegged to G7 Currencies

A group of major world banks is working on a new stablecoin tied to G7…

October 10, 2025
  • Bitcoin News

Breaking: Bitcoin Falls After Trump Threatens ‘Massive’ Increase in Tariffs on China

U.S. President Donald Trump sparked panic in the crypto market after threatening to massively increase…

October 10, 2025
  • Bitcoin News

Breaking: $8 Trillion Morgan Stanley Opens Bitcoin Investments to All Wealth Clients

Morgan Stanley, which manages $8 trillion in assets under management (AuM), plans to allow all…

October 10, 2025
  • 24/7 Cryptocurrency News

Bitget Strengthens On-Chain Rewards Push With Early Hunter Airdrop Launch

Bitget has launched the fourth phase of its Early Hunter Airdrop, featuring BinanceLife (币安人生) and…

October 10, 2025
  • 24/7 Cryptocurrency News

Fed’s Chris Waller Reiterates Support for Rate Cuts but Urges Caution On Pace

Fed Governor Chris Waller has again expressed support for additional Fed rate cuts. However, he…

October 10, 2025
  • Ethereum News

Tom Lee’s Bitmine Immersion (BMNR) Adds Another $103M ETH to its Ethereum Stash

Bitmine Immersion, the largest Ethereum treasury company, quietly added another 23,823 ETH to its total…

October 10, 2025