Mizuho Trims Bitcoin Forecast, Cuts MSTR Price Target Amid Crypto Winter
Mizuho has reduced its year-end 2027 Bitcoin forecast to $94,000 from $128,000, citing a more cautious market outlook.
The firm also cut its price target on MSTR's stock to $265 from $320 but maintained its 'Outperform' rating.
Strategy currently holds 843,738 Bitcoins on its balance sheet, valued at around $61 billion as per Bitcoin's current price.
Mizuho noted Strategy's roughly $2 billion cash reserve, which management says can cover about two years of preferred-share dividend obligations.