Benchmark: Strategy's weak share price is not mismanagement, reiterates the buy rating

Odaily Planet Daily News Benchmark analyst Mark Palmer said the weaker Strategy stock price reflects a shrinking premium on its Bitcoin holdings rather than mismanagement. The company has been constantly adjusting its balance sheet, creating tools such as permanent preferred stocks, providing permanent capital and expanding demand for Bitcoin-related securities. With the inclusion of the S&P 500, Strategy remains one of the most liquid ways to invest in Bitcoin. Palmer reiterated his “buy” rating and a $705 price target. (CoinDesk)