⚡ Market Update:
Investment bank TD Cowen has once again lowered its 12-month price target for MicroStrategy (MSTR), cutting it from $500 to $440. This marks the second downgrade since December and reflects growing concerns around Bitcoin’s recent price weakness.
MicroStrategy is widely known for its heavy exposure to Bitcoin, holding one of the largest corporate BTC treasuries in the world. As a result, its stock often moves in tandem with Bitcoin’s price action. With crypto markets facing renewed volatility and softer momentum, analysts are adjusting expectations accordingly.
TD Cowen’s revised outlook signals caution rather than panic, highlighting the risks tied to Bitcoin-driven business models in uncertain market conditions. While long-term believers in crypto may still see upside, near-term headwinds could continue to pressure MSTR’s valuation.
Investors should monitor Bitcoin trends closely, as any recovery or further decline will likely have a direct impact on MicroStrategy’s stock performance over the coming months.
