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MicroStrategy's 'Nav Premium' Shouldn't be Feared, Says Benchmark, Raising Price Target to $245

The company's use of "intelligent leverage" differentiates its stock from other means of gaining exposure to bitcoin, argued analyst Mark Palmer.

By Helene Braun|Edited by Stephen Alpher

Updated Oct 18, 2024, 3:29 p.m. Published Oct 18, 2024, 3:26 p.m.

Broker Benchmark has raised its price target for Michael Saylor's MicroStrategy to $245. (Michael Saylor/Danny Nelson)