Odaily News Analysis firm Bernstein said in a client report that it expects Strategy to double its Bitcoin holdings to 1 million. After disclosing the latest Bitcoin holdings, Bernstein has rated the company as outperforming the market, with a target share price of $600, an upside of 75%.
In addition, Bernstein analysts expect Bitcoin to reach a cyclical peak of around $200,000 by the end of 2025, $500,000 by the end of 2029, and $1 million by the end of 2033, with intermittent one-year bear markets. (TheBlock)