Benchmark Defends Bitcoin Strategy, Predicts $225K Price
Update: 2025-12-01
Description
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.
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