Strategy’s BTC gains prompt bullish $521 price target from H.C. Wainwright

By: bitcoin ethereum news|2025/05/02 18:15:01
Share
copy
MicroStrategy sharply increased its capital-raising target and 2025 bitcoin acquisition goals in its earnings report, prompting a bullish revision from analysts at H.C. Wainwright. In a research note dated May 2, analyst Mike Colonnese turned incremenetally bullish on Strategy’s stock with a price target lifted from $480 to $521, citing increased BTC holdings forecasts and strong execution on capital raising. As part its first quarter earnings report on Thursday, Strategy doubled its capital plan to $84 billion through 2027, up from the $42 billion goal announced in late 2024. The new “42/42” plan includes $42 billion in equity and $42 billion in fixed-income issuance, including convertibles and preferreds. The firm has already raised $10 billion this year and acquired 106,085 Bitcoin (BTC) to date. Strategy’s bitcoin yield through April was 13.7%, representing 91% of its original annual target, with a $5.8 billion gain already booked, or 58% of the initial goal. Bullish momentum Strategy’s Q1 2025 results included the purchase of 80,715 BTC for $7.7 billion, funded via equity and convertible bond issuance. An additional 25,370 BTC was bought in April. The firm’s BTC yield for Q1 stood at 11%, with a $4.1 billion gain based on quarter-end prices. Colonnese now expects Strategy to end 2025 with 691,249 BTC, up from a prior estimate of 601,029. His BTC gain forecast rises to $12 billion, with a year-end price assumption of $150,000 per coin. While still below the company’s revised guidance of $15 billion in gains and a 25% BTC yield, Colonnese sees Strategy’s capital access and performance as strong indicators of growth. Despite cutting projected revenues for 2025 and 2026 to $461.2 million and $475.7 million respectively, down from previous estimates of $473 million and $485.1 million, Colonnese emphasized the company’s ability to maintain a premium valuation. The $521 price target is based on a 2x premium to the firm’s projected 2025 net asset value of $103.7 billion. Source: https://crypto.news/strategys-btc-gains-prompt-bullish-521-price-target-from-h-c-wainwright/

You may also like

Key Market Intelligence as of December 31st, how much did you miss out on?

1. On-chain Volume: $69.3M USD flowed into Ethereum today; $59.5M USD flowed out of Arbitrum 2. Biggest Gainers and Losers: $OMNI, $BETA 3. Top News: LIGHT surged over 250% in the last 2 hours, breaking above $1.1

Long-standing domestic public blockchain NEO sees feud between two co-founders, with opaque finances as the core reason

Domestic AI projects are surging, while domestic public blockchains are bickering

Hong Kong Virtual Asset Trading Platform New Regulations (Part 2): New Circular Issued, Has the Boundary of Virtual Asset Business Been Redefined?

The market's potential to advance is now less about regulatory permissiveness and more about whether participants are truly ready to operate under a more transparent and rigorous ruleset.

DeFi 2.0 Explosion Post-Disorderly Restructuring in 2026

The further disordered reorganization of the macro environment, and the consequent drive toward the DeFi 2.0 explosion, both have clear trends and inevitability.

Fed's Latest Meeting Minutes: Divergence Persists, But "Most" Officials Advocate Continued Rate Cuts

Most participants support a rate cut in December, with a few indicating that this decision was finely balanced and they might have supported standing pat. Those in favor of a rate cut generally pointed to the increased downside risks to employment seen in recent months.

AI Trading in Crypto: How Traders Actually Apply AI in Real Crypto Markets

Artificial intelligence has moved beyond experimentation in crypto markets. In 2025, AI-driven trading tools are increasingly used by traders who want better discipline, faster execution, and more structured decision-making in volatile markets. This guide explains how AI is actually used in crypto trading, step by step — with a focus on how these strategies are executed in real trading environments.

Popular coins

Latest Crypto News

Read more