Canaccord cuts MicroStrategy price target to $1,590 from $1,810
Canaccord, a securities firm, lowered MicroStrategy's target price from $1,810 to $1,590 while maintaining a buy rating. The stock fell 2.5% to $1,261 in after-hours trading. The report stated that the company purchased more Bitcoin in the first quarter and now owns a total of 214,400 Bitcoin, worth approximately $13.6 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
Trending news
MoreCrypto prices
More
