Bernstein: Bitcoin Could Hit $500,000 By 2029, MSTR to $350
Bitcoin
Bernstein on Wednesday set a $500,000 bull case for Bitcoin (CRYPTO: BTC) by 2029, while cutting its Strategy Inc. (NASDAQ:MSTR) price target to $350 on accelerated equity dilution. Why Bernstein Sees a $500,000 Bitcoin Bernstein analysts led by Gautam Chhugani wrote in a note cited by The Block that the 40-year era of falling interest rates is over, leaving governments facing a choice between fiscal pain and currency debasement.
BTC
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