Source: Coindesk.com
Benchmark has raised its price target for MicroStrategy's stock from $215 to $245. Analyst Mark Palmer argued the value of the company's bitcoin holdings and its software business will continue to increase. He also believes that the company's high stock price is justified as it provides more value than just holding massive amounts of bitcoin.
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The post "MicroStrategy's 'Nav Premium' Shouldn't be Feared, Says Benchmark, Raising Price Target to $245" appeared first here Coindesk.com.
Source: Coindesk.com
