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Canaccord Raises Price Target for MicroStrategy, Calls it One of the Best Ways for Equity Investors to Gain Bitcoin Exposure

Canaccord Raises Price Target for MicroStrategy, Calls it One of the Best Ways for Equity Investors to Gain Bitcoin Exposure

CointimeCointime2024/11/01 11:55
By:Cointime

According to a report by Canaccord, MicroStrategy is a great option for equity investors who want to gain exposure to bitcoin. The broker has raised its price target for the company to $300 from $173 and maintained its buy rating on the shares. Canaccord is optimistic about bitcoin's future after the spot ETF approval in the U.S. and the halving event.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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