CryptoQuant founder: MSCI-related risks have been priced in by the market, Wall Street remains broadly bullish on Strategy

Odaily reports that CryptoQuant founder Ki Young Ju posted on X that despite market attention on MSCI-related rule adjustments, Wall Street analysts remain broadly bullish on Strategy (MSTR).

Ki Young Ju noted that Citi, Barclays, and B. Riley have assigned MSTR price targets of $240, $175, and $195, respectively, with targets overall trending upward. He believes the MSCI-related impact is mainly reflected at the capital flow level and has already been priced in by the market.

He further stated that what is more noteworthy now is that Strategy's market-to-net-asset-value ratio (mNAV) relative to Bitcoin is approximately 1x, the STRC price remains near par value, and the company holds $3.75 billion in reserve funds to cover dividend payments.