MicroStrategy: Nasdaq 100 Inclusion On The Horizon Could Spell 59% Upside, Says Bernstein
Posted On December 11, 2024
Bernstein analysts have spotlighted MicroStrategy (NASDAQ:MSTR) as a potential inclusion in the Nasdaq 100, a move that could significantly boost the company’s visibility and attract fresh inflows from major ETFs like (NASDAQ:QQQ).
This development, coupled with MicroStrategy’s aggressive Bitcoin (CRYPTO: BTC) acquisition strategy, led Bernstein to set a $600 target price for the company, representing a 59% upside from its current valuation.
Bloomberg Intelligence’s report suggests that Nasdaq 100 inclusion could bring substantial one-time and ongoing inflows to MicroStrategy, estimated at $2.1 billion initially. …