BTIG: Bitcoin halving will be a positive catalyst, MicroStrategy's stock still has room to rise

BTIG analysts predict that the Bitcoin halving will drive up MicroStrategy's stock price, with the target price raised to $1800, still with a 10% upside potential. The analyst pointed out that the Bitcoin halving has led to a significant increase in Bitcoin price in the past three events, and the halving event expected to occur this month is likely to be a positive catalyst for Bitcoin and MicroStrategy stock prices. The analyst also stated that investors will continue to embrace Bitcoin as a safe haven against inflation. In addition, MicroStrategy holds over 214,000 Bitcoins this year, and investors are willing to pay a premium for the company's Bitcoins