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H.C. Wainwright Highlights Steady Bitcoin-Per-Share Growth Driving Strategy Inc (MSTR)
Yahoo Finance· 2026-02-12 13:53
Company Overview - Strategy Inc (NASDAQ:MSTR) is a publicly traded U.S. technology and Bitcoin treasury company that offers AI-powered enterprise analytics software while holding Bitcoin as its primary treasury asset, providing investors with diversified exposure and business intelligence solutions. It rebranded from MicroStrategy in 2025 [5]. Investment Ratings and Price Targets - H.C. Wainwright raised its price target on MSTR to $540 from $500 while maintaining a Buy rating, highlighting MSTR as its top stock pick for 2026 due to steady Bitcoin-per-share increases and solid execution, including raising $3.9 billion to buy an additional 41,002 Bitcoin in January [2]. - Conversely, BTIG lowered its price target on MSTR to $250 from $630 while maintaining a Buy rating, citing an 8% drop in Bitcoin prices before the Q4 earnings call and noting that the company's convertible debt remains highly over-collateralized [3]. Bitcoin Holdings and Acquisitions - In a recent regulatory filing, MSTR updated its Bitcoin holdings, acquiring 1,142 Bitcoin for approximately $90 million between February 2 and February 8 at an average price of $78,815 per coin. Following this acquisition, MSTR's total Bitcoin holdings reached 714,644, with a cumulative purchase price of about $54.35 billion [4]. Market Sentiment and Future Outlook - Despite poor investor sentiment and market volatility, MSTR is recognized for its steady Bitcoin-per-share growth, which is driving interest from analysts [6].