CryptoQuant Founder: MSCI-Related Risks Already Priced In by the Market, Wall Street Remains Broadly Bullish on Strategy

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

Ki Young Ju pointed out that Citi, Barclays, and B. Riley have respectively given MSTR price targets of $240, $175, and $195, with price targets overall trending upward. He believes that 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 currently is that Strategy's market cap to Bitcoin net asset value ratio (mNAV) is approximately 1x, the STRC price remains near par value, and the company holds $3.75 billion in reserve funds to cover dividend payments.