MSTR Stock Soars Past $400 as Analyst Predictions Reach $600

MicroStrategy (MSTR) stock has surged past $400 for the first time since early 2024, reflecting strong investor confidence in the company’s Bitcoin-focused strategy. Analysts have set average target price of $446, with some even predicting a potential jump to $600. 2020 marked the start of MSTR’s commitment to Bitcoin Standard, driving massive growth. This move has seen the company’s BTC holdings expand at a CAGR of 59% from 2020 to 2024. MSTR is now considered by many as a proxy for Bitcoin itself, despite its software origins. Since adopting the