MicroStrategy shares climbed 4.49% in pre-market trading, driven by sustained analyst confidence in the company's massive Bitcoin holdings and its current 26% discount to net asset value (NAV).
- Benchmark reiterated a Buy rating and a $705 price target for 2026, citing the long-term bullish case despite persistent share dilution concerns.
- Consensus among 15 analysts remains a "Strong Buy," with a median 12-month target of $475.00, suggesting significant upside from recent levels.
- The stock traded at $164.22 in pre-market activity.