Benchmark Defends Bitcoin Strategy, Predicts $225K Price

Benchmark, a prominent investment bank, has defended a companys Bitcoin strategy, asserting its a viable way for investors to gain cryptocurrency exposure. The company, formerly MicroStrategy, has amassed over 650,000 Bitcoin, making it the largest corporate holder. Despite recent stock price drops, Benchmark maintains a bullish outlook, predicting Bitcoin to hit $225,000 by 2026, and setting a price target of $705 for the companys stock.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.