Strategy (NASDAQ: MSTR) shares are up 4% on Tuesday, March 10, with Bitcoin (BTC) rebounding by a similar margin and lifting sentiment across cryptocurrency-related equities.
As the company holds roughly 721,000 BTC, representing about 3.4% of the total supply accumulated at an aggregate cost of approximately $55 billion and an average purchase price near $76,000, its stock is naturally sensitive to breaking crypto news.
For that reason, B. Riley initiated coverage on Strategy on March 9, with a ‘Buy’ rating and a $175 price target. The analyst note marked the first new coverage on the stock since October 2025 and came in following the firm’s second-largest Bitcoin purchase of 2026, valued at about $1.28 billion.
B. Riley initiates coverage on MSTR
According to analyst Fedor Shabalin, the financial services company is optimistic about Strategy’s “Digital Credit” approach to fund additional Bitcoin purchases, although it cautions that success ultimately depends
We współpracy z: https://finbold.com/analyst-sets-strategy-stock-price-target-as-bitcoin-soars/
