MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
Briefly

MicroStrategy (MSTR) well positioned for bitcoin halving to benefit, with price target at $1,875; Bitcoin year-end price forecast now at $150,000, up from $125,000.
Analyst Mark Palmer notes historical bitcoin halvings led to price surges post-event; Growth in bitcoin supply slows with quadrennial halving decreasing miner rewards.
Expectation of increased impact from upcoming bitcoin halving alongside demand surge from spot bitcoin ETFs; Spot ETF inflows expected to rise significantly with institutional investments.
MicroStrategy's unique business model revolves around acquiring and holding bitcoin, poised to increase holdings with future capital transactions and software business profits.
Read at Coindesk
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