Movement Alert|Strategy Rises 3.28% in Regular Trading, Barclays Raises Target Price to $175

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On October 9, Strategy rose 3.28% in regular trading, trading at $156.95/share, with Turnover of $661 million.

Barclays raised its price target on Strategy to $175 from $160, directly lifting market sentiment. The company also recorded an estimated $21 billion digital asset gain in the third quarter, returning to profitability for the first time in four quarters, while continuing to accumulate bitcoin and repurchase preferred shares, strengthening fundamental support.

As the largest corporate holder of bitcoin, Strategy's share price remains highly correlated with bitcoin, which is fluctuating around $85,000. The company's third-quarter earnings call is scheduled for October 29, further increasing market attention.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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