Mizuho has raised its price target on Strategy (MSTR) to $586 from its previous target of $563, while maintaining an Outperform rating. The new target predicts over 43% upside for the stock.
The adjustment follows the company’s record-breaking second-quarter 2025 results and updated guidance metrics.
As of press time, Strategy was trading at 404.80, up 2.45% on the day, extending its year-to-date outperformance over Bitcoin (BTC), with MSTR shares rising 35.13% compared to Bitcoin’s 28.39% gain.
Raised Bitcoin yield targets
Mizuho’s target increase comes after Strategy raised its Bitcoin yield guidance for 2025 from 25% to 30% and increased its Bitcoin gain guidance from $15 billion to $20 billion. The Bitcoin gain metric measures the annual value generation from Strategy’s Bitcoin treasury operations, specifically tracking excess Bitcoin accumulated when the company’s mNAV exceeds 1.
The firm cited Strategy’s second-quarter performance, new guidance parameters, additional capital markets activity, recent Bitcoin purchases, and revised Bitcoin price forecasts based on adoption trends as factors supporting the higher target.
Michael Saylor, Strategy’s Executive Chairman, announced in a X post today that the company has acquired 155 BTC for approximately $18 million at $116,401 per Bitcoin and achieved a Bitcoin yield of 25% year-to-date.
Strategy has acquired 155 BTC for ~$18.0 million at ~$116,401 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 8/10/2025, we hodl 628,946 $BTC acquired for ~$46.09 billion at ~$73,288 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/bx0814RI1w
— Michael Saylor (@saylor) August 11, 2025
The Bitcoin treasury now holds 628,946 BTC acquired for around $46.09 billion at an average price of $73,288 per coin.
Wall Street remains bullish
According to TipRanks data, Wall Street analysts maintain a Strong Buy rating on Strategy with an average price target of €483.29, suggesting significant upside potential from current levels. The consensus is based on 13 analyst ratings, with 11 Buy recommendations, 1 Hold, and 1 Sell rating.
Other recent price targets include Wainwright, which maintained its Buy rating with a $521 price target, and Clear Street, which increased its price target for Strategy to $537.
Featured image via Shutterstock.
