Saylor: MSTR May Sell Bitcoin to Boost BTC-per-Share; TD Cowen Raises Target to $400
MSTR sits 52% above its 52-week low of $104.165.
Summary
Strategy Inc's Executive Chairman Michael Saylor indicated the company may sell some Bitcoin before year-end if it improves long-term BTC-per-share. This potential move marks a significant strategic shift for the company, which has been known for its aggressive Bitcoin accumulation, recently reporting a $14.46 billion unrealized loss in Q1 2026. Separately, TD Cowen raised its price target for MSTR to $400, citing faster Bitcoin acquisitions and an improved balance sheet. Investors will be watching for any concrete actions regarding Bitcoin sales, which could alter the company's investment thesis.
At the time of this announcement, MSTR was trading at $158.75 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $56B. The 52-week trading range was $104.17 to $457.22. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.