mstr usd - Bernstein Predicts Bitcoin Bottomed: $150K Target as Strategy (MSTR) Holds $53.5B in BTC
Wall Street broker Bernstein says bitcoin has likely hit its bottom, reaffirming a $150,000 year-end price target as strong ETF flows and growing corporate treasury demand support a rebound.
Analysts led by Gautam Chhugani highlighted that Strategy (MSTR), a high-beta proxy for bitcoin, remains resilient, now holding roughly 3.6% of total bitcoin supply, valued at around $53.5 billion, according to StreetInsider.
? KEY STATISTICS
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
??? POST-MATCH REACTIONS
"We showed great character," said the winning coach. "The team never gave up."
The losing side rued missed opportunities but vowed to come back stronger.