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Citigroup Raises MSTR Price Target to $240 Amid Renewed Bitcoin Optimism

Guavy AI Editorial Team
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BTC
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Citigroup has increased its price target for Strategy Inc (MSTR) to $240 from $136, representing approximately 50% potential upside based on MSTR's October 1 closing price of $160.50.

The bank also upgraded its 12-month Bitcoin price projection to $113,000 from $82,000, citing more consistent ETF flows and increased crypto market activity.

Strategy Inc has been accumulating Bitcoin, with its current holdings totaling 847,666 BTC purchased at an aggregate cost of $63.95 billion.

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