Mizuho Securities Lifts PT on Strategy Inc. (MSTR) to $586 From $563

Strategy Inc. (NASDAQ:MSTR) is one of the top cheap stocks that will go to the moon according to Reddit. Mizuho Securities analyst Dan Dolev raised the firm’s price target on Strategy Inc. (NASDAQ:MSTR) to $586 from $563 on August 11, maintaining a Buy rating on the stock.Strategy Incorporated (MSTR): Jim Cramer Shares Rather Cryptic Take About Firm

A software engineer wearing a headset, collaborating with a remote team on a project.

The analyst gave the rating update after Strategy Inc. (NASDAQ:MSTR) reported strong Q2 results, with revenue for the quarter coming at $114.5 million and an EPS of $32.60.

Strategy Inc. (NASDAQ:MSTR) also expanded its bitcoin holdings to 628,791 bitcoins, raising over $10 billion through its ATM programs and IPOs, and seeing growing institutional and retail demand for its securities.

Strategy Inc. (NASDAQ:MSTR) engages in the development of the Bitcoin network through its operations in technology, financial markets, and advocacy. It is the world’s largest corporate holder of Bitcoin.

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Disclosure: None. This article is originally published at Insider Monkey.

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