Bernstein Predicts BTC To Reach $1M By 2033, Gives Outperform Rating To MSTR
The post Bernstein Predicts BTC To Reach $1M By 2033, Gives Outperform Rating To MSTR appeared first on Coinpedia Fintech News
Bernstein has yet again stated a bullish outlook on BTC as he forecasted the cryptocurrency to reach $1 million by 2033 and a short-term prediction of $200,000 by 2025. Notably, the previous Bitcoin target was $150,000 for 2025. Microstrategy sees a fresh wave of optimism following the latest Outperform rating by Bernstein for the MSTR stock. This target suggests a 90% upside from its current valuation, reflecting confidence in MicroStrategy’s strategy of integrating Bitcoin into its corporate treasury. MicroStrategy is a major BTC holder which currently holds more than 214,400 BTC, equivalent to over 1.1% of the global supply.
