Why Bernstein Is Betting Big on MicroStrategy (MSTR) Stock
MSTRMicroStrategy(MSTR) Investor Place·2024-06-15 03:24

Shares of enterprise software specialist MicroStrategy (NASDAQ:MSTR) are declining on Friday, capping off what is about to be a down week for MSTR stock. This move is reflective of its evolved role as a cryptocurrency proxy, with the digital asset sector also suffering a rough week. Still, Wall Street firm Bernstein is optimistic about both MSTR stock and the broader crypto ecosystem. According to CoinDesk, Bernstein believes that Bitcoin (BTC-USD) could achieve a multi-fold increase in value over the next ...