TD Cowen analyst Lance Vitanza, who initiated coverage on the Michael Saylor-led firm last Wednesday with an outperform rating, praised the company for its “hybrid corporate strategy.” MicroStrategy is known for converting all of its earnings from its core software intelligence business into bitcoin. This approach represents a “paradigm shift,” he wrote in a note to investors.
Related posts
-
Is A Price Surge Or Correction Next?
Este artículo también está disponible en español. Bitcoin, often influenced by long-term holders’ (LTH) decisions, has... -
XRP Price Gears Up: Is a Major Move on the Horizon?
XRP price is holding the $0.500 support zone. The price is consolidating and aiming for a... -
Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market...