What is Nostr?
CoinDesk - by layer3.news
npub1gl0…32nf
2025-02-07 13:51:05
in reply to nevent1q…70dl

KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure


CoinDesk (nprofile…nhef)
✍️ Strategy, formerly MicroStrategy, is a potential investment for equity investors seeking levered bitcoin exposure, according to a research report by KBW.
👉 KBW assumed coverage of Strategy with an outperform rating and a $560 price target
👉 Strategy has the largest bitcoin treasury held by a public operating company
👉 Company expected to shift to fair value accounting for bitcoin holdings in Q1
👉 Potential to generate yield on-chain from applications built on the Bitcoin network

#MichaelSaylor #BillPapanastasiou #business
CoinDesk (nprofile…nhef)

The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.
https://www.coindesk.com/markets/2025/02/07/kbw-starts-strategy-coverage-with-outperform-offers-leveraged-bitcoin-exposure

Author Public Key
npub1gl0dau3qssu973qese6g6k0wuedz0kg7jwmrheg3j4yqgdg4qtvsuq32nf