Cantor Raises MSTR Price Target
- MSTR holds 848,000 BTC. Cantor raised its enterprise value estimate from $97 billion to $110 billion and its price target from $186 to $208, maintaining an Overweight rating.
- Its 12-month Bitcoin target rose from $98,000 to $112,000, while the risk of passive fund outflows if MSCI removes the stock from its index remains unresolved.
There’s not much upside from the current price to the $112,000 target. Institutions are betting on stability, not a breakout. MSTR’s premium is supported entirely by those 848,000 BTC. If MSCI removes it from the index, passive funds could pull out first, the premium could collapse, and then selling pressure could spill over into spot markets. In the near term, watch how BTC holds around the $100,000 mark. If it breaks below that, $94,000 is next; only a sustained hold would make $110,000 worth discussing. Would you dare buy MSTR here and pay the premium, or just buy spot?
$BTC $MSTR $ETH
- MSTR holds 848,000 BTC. Cantor raised its enterprise value estimate from $97 billion to $110 billion and its price target from $186 to $208, maintaining an Overweight rating.
- Its 12-month Bitcoin target rose from $98,000 to $112,000, while the risk of passive fund outflows if MSCI removes the stock from its index remains unresolved.
There’s not much upside from the current price to the $112,000 target. Institutions are betting on stability, not a breakout. MSTR’s premium is supported entirely by those 848,000 BTC. If MSCI removes it from the index, passive funds could pull out first, the premium could collapse, and then selling pressure could spill over into spot markets. In the near term, watch how BTC holds around the $100,000 mark. If it breaks below that, $94,000 is next; only a sustained hold would make $110,000 worth discussing. Would you dare buy MSTR here and pay the premium, or just buy spot?
$BTC $MSTR $ETH