{"id":10485,"date":"2025-01-30T13:04:08","date_gmt":"2025-01-30T13:04:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10485"},"modified":"2025-01-30T13:04:08","modified_gmt":"2025-01-30T13:04:08","slug":"microstrategy-is-a-lever-for-the-believer-says-mizuho-initiates-coverage-on-bitcoins-levered-play-with-an-outperform-rating","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10485","title":{"rendered":"MicroStrategy Is A &#8216;Lever For The Believer,&#8217; Says Mizuho, Initiates Coverage On Bitcoin&#8217;s Levered Play With An &#8216;Outperform&#8217; Rating"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) can benefit from the rising <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) prices, and faster growth in its holdings as compared to share dilution, says Mizuho as it describes the company\u2019s play on the cryptocurrency as the \u201cLever for the Believer\u201d in its note dated Jan. 29.<\/p>\n<p><strong>The MSTR Analysts:<\/strong> A group of analysts at Mizuho including its managing director, <strong>Dan Dolev<\/strong>, vice president, <strong>Sean Kennedy<\/strong> along with associates <strong>Ryan Coyne<\/strong> and <strong>Nicholas Lucas<\/strong>, initiated coverage on MicroStrategy with an \u2018outperform\u2019 rating and price target of $515, implying a 53.3% upside from Tuesday\u2019s close of $335.93 apiece.<\/p>\n<p><strong>See Also:\u00a0<a href=\"https:\/\/www.benzinga.com\/25\/01\/43327741\/ibm-bets-big-on-ai-based-hybrid-cloud-sees-2-billion-in-generative-ai-deals-from-inception-to-date-in-q4\" target=\"_blank\" rel=\"noreferrer noopener\">IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business<\/a><\/strong><\/p>\n<p><strong>Analyst Takeaways<\/strong>: Highlighting MicroStrategy\u2019s strategy of using proceeds from debt and equity offerings to acquire more bitcoin, the analysts in the research note said that MSTR enjoys a premium of approximately 75% over the underlying value of its bitcoin holdings.<\/p>\n<p>The <strong>Michael Saylor<\/strong>-led company leverages this premium to issue convertible bonds and equity. This allows MicroStrategy to grow its &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/25\/01\/43333849\/microstrategy-is-a-lever-for-the-believer-says-mizuho-initiates-coverage-on-bitcoin\" alt=\"MicroStrategy\" is a for the believer says mizuho initiates coverage on bitcoin levered play with an rating>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) can benefit from the rising Bitcoin (CRYPTO: BTC) prices, and faster growth in its holdings as compared to share dilution, says Mizuho as it describes the company\u2019s play on the cryptocurrency as the \u201cLever for the Believer\u201d in its note dated Jan. 29. The MSTR Analysts: A group of analysts at Mizuho [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10485","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10485"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10485\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}