Bitcoin Price Target Revised to 2027, Bernstein Slashes MSTR Stock Forecast

Bernstein has revised its forecast for Bitcoin's price, pushing it to $150,000 by mid-2027 and the next major peak to $300,000 in 2029.

The firm also cut its price target on MSTR stock to $350 from $450, citing its revised Bitcoin cycle outlook and Strategy's equity dilution as reasons for the lower target.

MSTR stock fell by up to 1.6% in pre-market trading, while Bitcoin's price slipped over 1% to around $78,300 after breaching $80,000 in the previous session.