Is This the 'iPhone Moment' for Strategy? Analysts Substantially Raise Target Stock Price

Following the record-breaking earnings announcement by US-based Strategy on the 31st, Wall Street analysts have maintained a bullish outlook on the company's long-term prospects. According to a report obtained by The Block, Mark Palmer, a senior equity research analyst at Benchmark, described the $14 billion operating income as a 'two-hour masterclass.' Palmer analyzed that Chairman Michael Saylor and CEO Phong Le's presentation of a long-term vision aimed at achieving 'the largest corporate financial scale in the world' was impressive. He highly praised the new capital strategy that structurally expands Bitcoin holdings while transforming the treasury into a revenue engine...