H.C. Wainwright Lifts Strategy’s Price Target to $521 on Surging Bitcoin Gains

By: btc-pulse|2025/05/03 00:45:03

Strategy’s Bitcoin Bet Triggers Analyst Upgrade MicroStrategy’s intense Bitcoin purchases and fresh capital plan have prompted H.C. Wainwright analysts to raise their price target to $521 from $480. Analyst Mike Colonnese did the upgrade in a May 2 research report, citing the company’s augmented BTC purchasing targets and capital raise success as primary drivers of the upgrade. Strategy announced in its Q1 2025 earnings release doubling the long-term capital plan to $84 billion from $42 billion. The plan is made up of $42 billion in equity offering and $42 billion in fixed-income securities like convertibles and preferred stock. The firm raised $10 billion in February 2025, which it used to purchase 106,085 BTC. 80,715 BTC were purchased in Q1 for $7.7 billion, and the balance of 25,370 BTC were acquired in April. Strategy’s BTC return through April was 13.7%, with a total unrealized profit of $5.8 billion—already 91% of its initial yearly target. New BTC Targets and Analyst Predictions Colonnese currently projects Strategy to end 2025 with 691,249 BTC, a higher figure than his earlier projection of 601,029. His new forecast is $12 billion in profits in BTC on the assumption of a year-end Bitcoin price of $150,000. This is short of the company’s internal goal of $15 billion in profits and a 25% return on BTC, but Colonnese sees huge potential in Strategy’s strategy. Premium Valuation Despite Revenue Trim Reducing its revenue estimate for 2025 and 2026 to $461.2 million and $475.7 million, respectively, the analyst is optimistic. The price target of $521 is a 2x premium on Strategy’s estimated net asset value of $103.7 billion, reiterating confidence in the firm’s crypto-focused strategy.

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.

Trump Extends Ceasefire: Bitcoin Hits $79K — What Crypto Traders Need to Know Right Now

Bitcoin surged past $79,000 after Trump extended the ceasefire indefinitely. We break down exactly what happened, how every major crypto reacted, and what traders should watch next — including the one level that could unlock an $85,000 BTC rally.