Clear Street analyst Brian Dobson initiated coverage of Strategy (MSTR) with a Buy rating and $422 price target The firm says Strategy “offers high-beta, levered, bitcoin exposure,” distinct from passive exchange traded funds, making it a “compelling and leveraged way” to invest in bitcoin. The company’s ability to grow its bitcoin per share, net of dilution, creates real value for shareholders, beyond asset class exposure, the analyst tells investors in a research note.
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Read More on MSTR:
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