Bitcoin Price Movement: Bitcoin is currently hovering just below $92,000, showing a recovery of over 7% as it aligns with broader market trends, influenced by positive news in the crypto sector.
Regulatory Developments: SEC Chairman Paul Atkins announced plans for an innovation exemption for digital asset companies, while Vanguard Group will allow ETFs and mutual funds focused on cryptocurrencies, contributing to a bullish sentiment in the market.
Crypto-Related Stocks Performance: Stocks related to cryptocurrency, such as Strategy and Robinhood, have seen rebounds, with Strategy up over 8% despite being down 35% year-to-date, indicating a recovery from recent pressures.
Upcoming Offerings: Coin is set to unveil new offerings, including prediction markets and tokenized stocks, on December 17th, aiming to enhance its competitive position in the market against platforms like Robinhood.
Wall Street analysts forecast STRC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for STRC is 8.25 USD with a low forecast of 8.00 USD and a high forecast of 8.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast STRC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for STRC is 8.25 USD with a low forecast of 8.00 USD and a high forecast of 8.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
2 Hold
0 Sell
Hold
Current: 99.710
Low
8.00
Averages
8.25
High
8.50
Current: 99.710
Low
8.00
Averages
8.25
High
8.50
No data
About STRC
Strategy Inc., formerly MicroStrategy Incorporated, is a bitcoin treasury and business intelligence company. The Company provides cloud-native, artificial intelligence (AI)-powered enterprise analytics software to thousands of global customers. The Company’s Strategy ONE platform provides access to AI-powered workflows, unlimited data sources, cloud-native technologies, and performance to speed up time from data to action. Strategy One delivers visualization, reporting, and embedded analytics capabilities across retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications, and the public sector. Its Strategy Mosaic is a universal intelligence layer that provides enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The Strategy Mosaic offers data clarity and connection by eliminating trade-offs between flexibility, control, and speed.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
