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Canaccord Analyst Slashes Strategy Stock (MSTR) Forecast by 60%, Says Bitcoin Faces ‘Identity Crisis’ - TipRanks
•1 min read
Canaccord Genuity analyst has reduced the price forecast for MicroStrategy (MSTR) by 60%, citing concerns over Bitcoin's current market position, which he describes as facing an "identity crisis." This revision reflects broader uncertainties in the cryptocurrency market and its impact on companies heavily invested in Bitcoin.
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