Citibank has issued a buy rating for MicroStrategy (MSTR), the Bitcoin treasury company led by Michael Saylor, setting a target price of $485. This move comes as Citibank, which manages $2.6 trillion in assets, signals confidence in the company's strategy and market position. MicroStrategy is known for its significant Bitcoin holdings, which have been a focal point of its investment strategy.
Citibank Issues Buy Rating for MSTR with $485 Target Price
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