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Analyst Forecasts Bitcoin to Surge to $150k by 2025, Microstrategy Stock Expected to Soar

Mark Plamer, an analyst at The Benchmark Company, has projected that the price of Bitcoin will skyrocket to $150,000 by the end of 2025. Plamer made this bold prediction in an investor note dated April 8, where he also revised his price target for MicroStrategy (MSTR) stock to $1,875, nearly doubling from his previous estimate of $990.

Plamer’s bullish outlook on MSTR is primarily driven by the company’s substantial Bitcoin holdings. He anticipates significant benefits for MicroStrategy’s Bitcoin reserves from the upcoming halving event, which will halve the supply of Bitcoin, potentially driving its price higher.

The $150,000 price target for Bitcoin surpasses Plamer’s earlier prediction of $125,000 made on February 27. Following this analysis, Bitcoin experienced a rally of approximately 27%, prompting Plamer to revise his price target upwards.

In an interview with Yahoo Finance, Plamer emphasized the historical significance of Bitcoin halving events, noting that they have historically led to significant price increases due to the supply shock they create. Plamer anticipates a similar scenario unfolding with the upcoming halving, especially considering the expected surge in demand driven by the introduction of spot Bitcoin ETF products.

Plamer also factors in MicroStrategy’s strategic accumulation of Bitcoin, led by CEO Michael Saylor, who has been accumulating Bitcoin at an average price of $35,160. As of April 9, MicroStrategy holds a staggering 214,245 Bitcoins, according to saylortracker. Plamer expects MicroStrategy to continue increasing its Bitcoin holdings, projecting that the company will hold approximately 298,246 Bitcoins by the end of 2025, representing a 40% increase from its current holdings.

MicroStrategy is anticipated to finance this accumulation using funds from capital raises and excess cash generated from its enterprise software business.

Plamer’s bullish sentiments on Bitcoin are echoed by other analysts, including Anthony Scaramucci, founder of Skybridge Capital, who anticipates Bitcoin reaching at least $170,000 within the 18-month post-halving cycle. Similarly, analysts at crypto exchange Bitfinex have set a price target for Bitcoin between $150,000 to $169,000, citing the unique dynamics of this halving event compared to previous ones.

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