Investment bank KBW gives Strategy a "beat the market" rating, with a target price of 560 US dollars
According to a ChainCatcher message reported by CoinDesk, investment bank KBW has released a research report, giving Strategy (formerly MicroStrategy) an outperform rating for the first time, with a target price of $560.
KBW analysts stated that Strategy will adopt FASB's latest accounting standards in the first quarter of 2025. This could potentially make it eligible for inclusion in the S&P 500 index as one of the key criteria for inclusion is having positive net profits in both the most recent quarter and cumulatively over the past four quarters.
Furthermore, as a publicly traded company holding the largest scale Bitcoin reserves, Strategy is expected to earn on-chain income through Bitcoin network applications in future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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