MicroStrategy is trading 10.2% up now at $135.76 after Canaccord raised its price target to $175 from $130 while maintaining a Buy rating.
- The company established a $1.59 billion USD cash pool.
- Bitcoin is up 1.95% and Ethereum 1.55% since the August 26 close, supporting the crypto-equity rally.
- Technology and software stocks are broadly stronger after upbeat Nvidia and Salesforce developments.