As reported by AMBCrypto, Strategy stock (MSTR) closed at $171.5 on December 2 after a 8% dip earlier in the session. Benchmark analyst Mark Palmer raised the price target to $705, implying an 183% upside potential, despite concerns over Bitcoin sell-offs and $8.2 billion in convertible debt. Palmer argued that an 86% BTC price drop would be needed to threaten MSTR, calling such a scenario highly unlikely. Meanwhile, the firm announced a $1.44 billion reserve to cover obligations, though critics fear it could destabilize the MSTR ecosystem. On Polymarket, the odds of MSTR selling BTC by mid-2026 stood at under 30%.
Benchmark Analyst Raises MSTR Price Target to $705 Amid BTC Sell-Off Fears
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