Bitcoin Bonanza: Analysts Predict Strategy Holdings Will Soar to 1 Million BTC by 2033!

🚀 Bitcoin Bonanza: Analysts Predict Strategy Holdings Will Soar to 1 Million BTC by 2033! 🚀

Bitcoin Bonanza: Analysts Predict Strategy Holdings Will Soar to 1 Million BTC by 2033!

Because you just can’t get enough of Bitcoin, right? 🤑 Well, analysts at Bernstein have gone and made a prediction that’s about as bold as a Bitcoin investor’s ego – they think MicroStrategy, now known as Strategy, will amass over 1 million Bitcoin (BTC) by 2033. That’s a whole lotta BTC, folks! 🤯

Strategy Stock (MSTR) Gets a Big Fat “Outperform” Rating

Led by analyst Gautam Chhugani, Bernstein’s research note is like a big ol’ hug for Strategy’s stock (MSTR). They’ve assigned an “outperform” rating with a price target of $600, because who needs a 75% potential upside from its current trading level when you can have… well, you know. 🤑

As of now, Strategy’s stock is priced at $335.26, having experienced a slight decline of 2.09% recently. But don’t worry, folks, it’s just a minor blip on the radar of this Bitcoin bull run! 🚀

Bernstein’s analysis is like a crystal ball, peering into the future and seeing a world where Bitcoin reaches $200,000 by the end of 2025, $500,000 by 2029, and a whopping $1 million by 2033. That’s a 1,044% increase for the market’s leading cryptocurrency in the next 8 years. Talk about a wild ride! 🎠

This projected growth in Bitcoin’s value is expected to significantly enhance Strategy’s earnings per share, which are anticipated to rise to $207, up from the current $67.50. Because who doesn’t love a good earnings boost? 💸

Holdings Set To Surge To 5.8% Of Supply (Or Maybe Not)

In a “bull case” scenario, the analysts predict that Strategy’s Bitcoin holdings could increase to represent 5.8% of the current circulating supply of approximately 19.8 million BTC. That’s a whole lotta BTC, folks! 🤯 But, in a more conservative base case, they expect Strategy’s holdings to climb to about 4% of Bitcoin’s circulating supply, while a bear case could see stagnation at approximately 2.6%. Because, you know, there’s always a chance things might not go exactly as planned… 🤔

As of March 25, Strategy owned 506,137 Bitcoin, acquired at an average price of $66,608, which equates to a total value of around $33.7 billion. Recently, the company made headlines by purchasing an additional 6,911 BTC for $584.1 million through a combination of selling MSTR stock and issuing perpetual preferred shares (noted as STRK and STRF). Because who needs a social life when you can buy more Bitcoin? 🤑

Bernstein views Strategy’s Bitcoin treasury as a core component of its business model, despite facing challenges related to its premium-to-net asset value (NAV) valuation and the aggressive pace of its Bitcoin acquisitions. Because, you know, nothing says “stable business model” like buying a whole lotta Bitcoin! 🤑

On Tuesday, Strategy’s shares closed at $341.81, reflecting a gain of 1.8%, reinforcing its position as a key player in institutional Bitcoin accumulation. Because who needs a social security number when you can have a Bitcoin wallet? 🤑

Similarly, Bitcoin has also seen a 5% increase in the fourteen day time frame, trading at $87,470 at the time of writing. Because, you know, it’s all just one big Bitcoin party! 🎉

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2025-03-27 08:51