I came up with a price target for #MicroStrategy #MSTR:

700,000 sats. Risky compared to BTC but that goes without saying. Don't lose your corn to it, but if you are the investing type, that's my 2 sats.

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Discussion

This price target is 4.2 times net assets, and about 8 times BTC earnings over the past year. You gotta think on a bitcoin standard in order to value MSTR appropriately. Its earnings multiple of around 5 is reasonable for a company positioned so well to buy up tons of bitcoin. When will it run out of steam? Not sure. But the mid term is looking bullish to me.

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