Benchmark Maintains Buy on Strategy (MSTR) Amid Market Volatility

Strategy Inc. (NASDAQ:MSTR) is one of the best high-beta stocks to buy now. On September 2, Benchmark Co. analyst Mark Palmer reiterated a Buy rating on Strategy Inc. (NASDAQ:MSTR) with an unchanged price target of $705. The analyst noted that recent stock pressure is more reflective of broader market conditions and compression of the bitcoin premium than company-specific missteps.

Palmer highlighted that Strategy Inc.’s (NASDAQ:MSTR) decision to relax its limits on common equity issuance provides the company with financial flexibility. The change not only supports its strategy of growing bitcoin holdings, but also to maintain balance sheet strength and capitalize on attractive entry points for future purchases.

He added that Strategy Inc. (NASDAQ:MSTR) continues to offer investors a differentiated avenue for bitcoin exposure, without the risks associated with mining operations. The analyst’s Buy rating is further supported by an estimation of the company’s projected bitcoin asset value, alongside the contribution from its software business, which reinforces its positioning as a leading proxy for bitcoin strategy.

Strategy Inc. (NASDAQ:MSTR), formerly known as MicroStrategy, is a technology company that calls itself the world’s first and largest Bitcoin Treasury Company. The company has substantial Bitcoin holdings, which form a core part of its corporate strategy. Additionally, its software platform provides enterprise analytics and data visualization solutions.

While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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