Microstrategy’s Stock Poised to Benefit from Bitcoin Halving, Berenberg Predicts

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Microstrategy’s Stock Poised to Benefit from Bitcoin Halving, Berenberg Predicts

Berenberg Capital has revealed its bullish case for Michael Saylor’s Microstrategy ahead of the upcoming Bitcoin (BTC) halving event. 
In a recent research note, the investment firm said the Bitcoin halving, scheduled for April 26, 2024, serves as the primary driving force behind the firm’s positive outlook. 
Berenberg currently holds a price target of $430 for the Virginia-based software company, a notable increase from its current price of $407.71 per share. …
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