分析师看好 MicroStrategy 的比特币繁荣将持续

BTIG 分析师预测，由于大量比特币投资，MicroStrategy 的股价已飙升 150%，该股可能会随着加密货币的上涨而继续攀升。 Andrew Harte 将其目标价提高至 1,800 美元，暗示较当前水平可能上涨 10%。这一目标明显高于他之前预计的 780 美元。尽管该股最近有所上涨，但华尔街的价格目标却落后了，MicroStrategy 在 3 月份创下了 1999.99 美元的盘中历史新高。

MicroStrategy's Bitcoin-Driven Surge Poised for Further Gains, Analysts Assert

分析师断言，MicroStrategy 受比特币驱动的飙升有望进一步上涨

MicroStrategy Incorporated's (NASDAQ: MSTR) remarkable surge of 150% attributed to its substantial investment in Bitcoin has the potential to extend even further, driven by the cryptocurrency's sustained growth. This bullish outlook is shared by analysts at BTIG LLC, who have recently revised their price target higher.

MicroStrategy Incorporated（纳斯达克股票代码：MSTR）由于其对比特币的大量投资而实现了 150% 的惊人飙升，并且在加密货币持续增长的推动下，其股价还有可能进一步上涨。 BTIG LLC 的分析师也认同这种看涨前景，他们最近上调了目标价。

Andrew Harte, an analyst at BTIG, has raised his price target to $1,800, implying an additional 10% upside from current trading levels. This adjustment represents more than double his previous target of $780.

BTIG 分析师 Andrew Harte 将目标价提高至 1,800 美元，这意味着比当前交易水平还有 10% 的上涨空间。此次调整是他先前目标 780 美元的两倍多。

The disparity between Wall Street's price targets and MicroStrategy's recent stock performance highlights the company's outperformance in recent weeks. As of March 18, MicroStrategy held over 214,000 Bitcoin, a position that has closely mirrored the soaring value of the digital asset, eclipsing its own gains.

华尔街的价格目标与 MicroStrategy 最近的股票表现之间的差异凸显了该公司最近几周的优异表现。截至 3 月 18 日，MicroStrategy 持有超过 214,000 个比特币，这一仓位密切反映了数字资产价值的飙升，超过了其自身收益。

The heightened valuation of MicroStrategy shares reflects investors' willingness to pay a premium for the company's exposure to Bitcoin. Harte's sum-of-the-parts analysis indicates that this premium has stabilized at a level exceeding 2x.

MicroStrategy 股票估值的提高反映了投资者愿意为该公司的比特币敞口支付溢价。 Harte 的综合分析表明，这一溢价已稳定在超过 2 倍的水平。

Harte anticipates that MicroStrategy will continue to benefit from positive catalysts for Bitcoin throughout the year, including the highly anticipated Bitcoin halving event expected this April. This event, which reduces the supply of newly mined Bitcoin, has historically boosted the cryptocurrency's price.

Harte 预计 MicroStrategy 将继续受益于全年比特币的积极催化剂，包括预计今年 4 月备受期待的比特币减半事件。这一事件减少了新开采的比特币的供应，历史上曾推高过加密货币的价格。

Bitcoin's impressive rally of over 50% to record highs this year has also spurred MicroStrategy's upward trajectory, given its strategy of raising capital to acquire more of the digital asset.

鉴于 MicroStrategy 采取了筹集资金收购更多数字资产的战略，比特币今年令人印象深刻地上涨了 50% 以上，创下历史新高，也刺激了 MicroStrategy 的上升轨迹。

However, it is important to note that the tight correlation between MicroStrategy's stock price and Bitcoin carries inherent risks. The stock trades at a premium to the value of its Bitcoin holdings, making it susceptible to more significant declines in the event of a cryptocurrency market downturn.

然而，值得注意的是，MicroStrategy 股价与比特币之间的紧密相关性存在固有风险。该股票的交易价格高于其持有的比特币价值，因此在加密货币市场低迷的情况下，该股票容易遭受更大幅度的下跌。

On Friday, MicroStrategy shares fell as much as 3.2% in intraday trading, influenced by a reversal in Bitcoin's price.

周五，受比特币价格逆转的影响，MicroStrategy 股价盘中下跌 3.2%。

Harte's analysis includes both upside and downside scenarios for MicroStrategy. He estimates that shares could potentially fall to $700 if the premium on the company's Bitcoin holdings shrinks and regulatory pressures weigh on the cryptocurrency market, causing Bitcoin's price to decline towards $48,000.

Harte 的分析包括 MicroStrategy 的上行和下行情景。他估计，如果该公司持有的比特币溢价缩小并且监管压力打压加密货币市场，导致比特币价格跌至 48,000 美元，那么股价可能会跌至 700 美元。

Conversely, a bullish scenario where Bitcoin surges above $90,000 and the premium on MicroStrategy's holdings expands suggests a stock price of $2,700, representing a nearly 70% gain from current levels.

相反，如果比特币飙升至 90,000 美元以上且 MicroStrategy 持有的溢价扩大，则股价将上涨至 2,700 美元，较当前水平上涨近 70%。

For the immediate term, the April Bitcoin halving is anticipated to serve as a positive catalyst for the stock and the cryptocurrency's price. Harte notes that following the previous three halving events, the price of Bitcoin increased significantly in the following year.

就短期而言，四月份的比特币减半预计将成为该股和加密货币价格的积极催化剂。 Harte 指出，在前三次减半事件之后，比特币的价格在接下来的一年中大幅上涨。

Harte's analysis underscores investors' perception of Bitcoin as a hedge against inflation, particularly in the context of central banks' expansive fiscal stimulus. He anticipates continued adoption of Bitcoin by institutional investors as it gains recognition as a disinflationary asset.

哈特的分析强调了投资者将比特币视为通胀对冲工具的看法，特别是在央行扩大财政刺激的背景下。他预计，随着比特币作为一种通货紧缩资产的认可，机构投资者将继续采用比特币。

In conclusion, MicroStrategy's surge driven by its Bitcoin investment has the potential to extend further, supported by analysts' bullish outlook. However, investors should be mindful of the risks associated with the stock's close correlation to Bitcoin's price fluctuations.

总之，在分析师看涨前景的支持下，MicroStrategy 由比特币投资推动的飙升有可能进一步延续。然而，投资者应注意该股票与比特币价格波动密切相关的风险。