Analyst Lance Vitanza from TD Cowen reaffirmed his confidence in the estrategia de MicroStrategy con Bitcoin despite the 66% crash suffered throughout 2025. According to the latest report issued this Thursday, the firm adjusted the price target to $440, which would represent a massive growth potential of 150% from the current market value. The company led by Michael Saylor continues to accumulate digital assets, having recently raised 1.25 billion dollars to acquire more units of the leading cryptocurrency.
This financial move allowed for the purchase of 13,627 additional coins during the last week of operations. In this way, MicroStrategy demonstrates that its institutional focus remains an effective vehicle to gain market exposure in a regulated and secure manner.
Furthermore, Vitanza raised his reserve growth estimates, projecting that the company will accumulate more than 800,000 BTC units by the end of the current fiscal year. Therefore, the entity consolidates itself as the largest corporate holder of this asset on a global scale.
On the other hand, the recent issuance of common shares has slightly impacted the expected percentage yield. Nevertheless, analysts consider this a necessary step to strengthen the balance sheet during periods of temporary market depression.
Consequently, the projected dollar gain for 2026 is estimated to reach 9.4 billion dollars based on current financial modeling. Thus, the firm’s treasury management and custody tecnologÃa remains a benchmark for other institutional investors seeking similar exposure.
An Aggressive Accumulation Model Amidst Persistent Crypto Market Volatility
The importance of this analysis lies in the long-term vision that TD Cowen maintains regarding corporate profitability. By considering the recent drop as a temporary correction phase, shareholder confidence in Michael Saylor’s vision for the future is strongly encouraged.
Additionally, the company’s ability to raise capital under adverse conditions highlights its financial resilience against underlying asset price fluctuations in the short term. However, investors must consider that the projected yield has been adjusted to 7.1% annually.
Likewise, the strategy of convertible debt and equity issuance allows the company to operate with expanded collateral flexibility compared to other traditional funds or ETFs. In this way, MicroStrategy positions itself as a direct substitute for those looking to invest in the digital ecosystem without managing private keys.
On the other hand, the integration of new accounting standards will facilitate a more transparent presentation of tokenized assets in quarterly financial books. Therefore, the adoption of this model could be replicated by other companies looking to hedge against currency devaluation.
What Profitability and Price Projections Are Expected by the End of 2026?
However, the ultimate success of these projections depends on the asset price reaching the levels predicted by market analysts. TD Cowen estimates that market value could reach 177,000 dollars per unit by the end of 2026 if the current trend persists.
Therefore, investors with a long-term time horizon see in the estrategia de MicroStrategy con Bitcoin a unique opportunity for accumulation. Furthermore, it is expected that by 2027 the asset’s target price will be above 226,000 dollars according to the professional report.
Finally, although the stock’s price target was reduced from $500 to $440, the outlook remains highly bullish. Michael Saylor has reiterated that his mission is to transform the organization into a development company focused on the decentralized network.
With the backing of elite brokerage firms, MSTR’s capital structure will continue to evolve to maximize the value of its digital holdings. Therefore, the institutional market will closely watch whether these objectives are met during the upcoming economic cycles.
