MicroStrategy (MSTR) Stock Targeted at $1,000 by Advocate

Published on Β· Source: finance.yahoo.com

MicroStrategy (MSTR) Stock Targeted at $1,000 by Advocate

AI Summary

Summarized by AI from the source below

Lawrence Lepard, a Bitcoin advocate, targets MicroStrategy (MSTR) stock to reach $1,000 within a few years. MSTR currently trades around $128, reflecting a 67% decline over the past year and a 35.53% drop in the last month. Lepard views MSTR as a leveraged proxy on Bitcoin, which is down 21.27% over the past month, currently priced around $63,495. His bullish stance is based on the belief that Bitcoin could offer annual returns of 30-40% moving forward.

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