Bernstein SocGen Slashes Strategy Inc. Price Target Amid Rising Bitcoin Expectations

Bernstein SocGen Group has lowered its price target on Strategy Inc. (MSTR) to $350 from $450 while maintaining an Outperform rating.

The stock currently trades at $126.83, down 64% over the past year, though it has surged 22% in the past week alone.

According to InvestingPro analysis, MSTR appears overvalued at current levels based on Fair Value calculations.

The firm updated its Bitcoin price expectations and Strategy model based on a framework that assumes Bitcoin will follow a normal four-year cycle. Bernstein SocGen expects Bitcoin to reach a market peak of $300,000 by 2029 and recover to a new all-time high of $150,000 by mid-2027.

The analyst cited the end of a 40-year era of declining interest rates, which exposes governments to mounting debt-servicing costs as sovereign debt levels reach unprecedented highs. Rising yields create a cycle of higher interest expenses, larger fiscal deficits and increased borrowing needs.