Bernstein Predicts MicroStrategy Could Hold 5% of Bitcoin Supply by 2033, Stock Target at $600

Bernstein analysts project that Strategy (formerly MicroStrategy) could control over 1 million Bitcoin by 2033, potentially holding 5% of the total supply. This forecast, released recently, is based on Strategy's Q4 financial performance and Bitcoin acquisitions. Bernstein assigned an "outperform" rating to Strategy's stock (MSTR) with a $600 price target, a 75% upside from its current $335.26. The analysis anticipates Bitcoin reaching $200,000 by the end of 2025, $500,000 by 2029, and $1 million by 2033. As of March 25, Strategy held 506,137 Bitcoin, acquired at an average of $66,608, totaling $33.7 billion. The company recently purchased 6,911 BTC for $584.1 million. On Tuesday, Strategy's shares closed at $341.81, up 1.8%. Bitcoin has also seen a 5% increase in the fourteen day time frame, trading at $87,470 at the time of writing.