Mizuho has reaffirmed its Outperform rating and set a $484 price target for MicroStrategy (MSTR) stock, following a Q&A session with CFO Andrew Kang. Despite this, traders remain divided on the stock's potential, with some noting it has not surpassed its May 2025 peak of $455. Meanwhile, BoDoggos co-founder Pio remains optimistic, predicting MSTR could reach $1,000 or more despite market volatility. MicroStrategy has raised $1.44 billion to bolster its USD reserves, aiming to avoid Bitcoin sales unless its market net asset value (mNAV) falls below 1.0. The mNAV did drop below this threshold in November, raising concerns about a potential financial downturn. Additionally, MSCI is considering excluding digital asset treasury companies like MicroStrategy from its indices, with a decision expected in January 2026. JPMorgan warns that such an exclusion could lead to outflows of up to $8.8 billion. The company's FY 2025 guidance has been reduced due to lower Bitcoin price assumptions.