Benchmark is optimistic about Strategy's shift to the STRC financing model, setting a target price of $705.

BTC-1,56%

Odaily Planet Daily reports that Benchmark analysts recently reaffirmed a “Buy” rating for Strategy (formerly MicroStrategy) and set a target price of $705, representing approximately 430% upside from the current stock price of around $130. The analysts believe that the company’s strategic shift to a STRC preferred stock financing model could become the main driver for increasing Bitcoin reserves.

At the Strategy World 2026 conference, the company’s Executive Chairman Michael Saylor stated that the company will shift from its previous strategy of encouraging enterprises to include Bitcoin on their balance sheets to focusing on promoting STRC perpetual preferred stock as the primary financing tool for future Bitcoin purchases.

Benchmark analysts pointed out that STRC will become the “main engine” for Strategy’s Bitcoin accumulation and is expected to accelerate the growth rate of Bitcoin holdings per share.

The price of STRC briefly fell to around $90 earlier this month but has now rebounded to nearly $100. This preferred stock offers an annualized yield of about 11%, pays dividends monthly, and has priority over common shareholders in dividend distribution.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC 跌破 68000 USDT

Gate News bot 消息,Gate 行情显示,BTC 跌破 68000 USDT,现价 67983.9 USDT。

CryptoRadar1m ago

CleanSpark sells 405 spot BTC in March, increasing its Bitcoin holdings to 13,561 BTC

CleanSpark, a clean-energy Bitcoin mining company, has released its March operating report, showing it mined 658 BTC during the month and sold 405 units of spot and 500 units of options BTC. As of March 31, it held 13,561 BTC, had deployed about 224k mining machines, and had a hashrate of 50.0 EH/s.

GateNews35m ago

AVAX One builds a 10MW AI computing center in Canada, purchasing 220 BTC mining rigs as a stopgap.

AVAX One Technology announces it will advance its AI infrastructure strategy, signing a 10MW microgrid data center FEED plan located in Alberta, using low-cost natural gas power. At the same time, it invests in the purchase of 220 Bitmain mining machines to increase computing power, forming a dual-track layout of “mining + AI.”

GateNews36m ago
Comment
0/400
No comments