“Time to silence the bears,” Saylor wrote in a post on X, sharing an AI-generated video of himself eating from a bag of chips labeled ‘Bitcoin’ before punching out a pair of bears.

Bitcoin’s price rose 5.2% in the last 24 hours to nearly $72,000. Retail sentiment around the apex cryptocurrency on Stocktwits flipped to ‘bullish’ from ‘bearish’ territory over the past day, accompanied by chatter at ‘normal’ levels.

MSTR Stock Tracks Bitcoin, Retail Sentiment Diverges

MSTR’s stock rose in tandem with Bitcoin, up 5.2% in morning trade on Wednesday. Retail sentiment, however, remained in ‘bearish’ territory over the past day, and chatter stayed at ‘high’ levels.

Some users on Stocktwits expressed caution against the rally, stating that the risk sentiment still feels “weak,” while others took the win to lock in their profits.

https://www.stocktwits.com/LucTrader/message/649690276

https://www.stocktwits.com/Electroyal/message/649684489

Analyst Points To Potential 100% Upside For MSTR Stock

The rally in MSTR’s stock also comes after BTIF’s Andrew Harte reiterated his ‘Buy’ rating on Strategy with a price target of $250, a potential update of over 100%. According to Koyfin data, the average price target on MSTR’s stock stands at $374.07, which has an even higher upside of over 189% from current levels.

The company has also been increasing the share of Variable Rate Series A Perpetual "Stretch" Preferred Stock (STRC) it uses to purchase Bitcoin lately. In a podcast with Natalie Brunell, Strategy CEO Phong Le compared the growth of STRC to the company’s defining “iPhone moment.”

He stated that STRC achieved $5 billion in aggregate revenue within just seven months, a quicker uptick than Apple’s (AAPL) initial $5 billion milestone, which required a full year, and significantly quicker than Google (GOOGL/GOOG) Ads, which needed four years.

MSTR’s stock has fallen by over 16% year-to-date and by over 50% in the last 12 months. Meanwhile, Bitcoin’s price has tumbled more than 18% this year and is down only 9% in the last 12 months.
source: https://www.tradingview.com/news/stocktwits:c1787eb83094b:0/