Benchmark analysts welcome the Strategy shift to STRC, considering STRC as the "main driver" of Bitcoin accumulation.

CoinNetwork · 2026-02-26T20:56:53+00:00

Benchmark reiterates a "Buy" rating for MicroStrategy, with the stock price approaching $130. The company uses perpetual preferred stock as a Bitcoin financing tool to drive its "Digital Lending" strategy. Despite unrealized losses, the target price remains set at $705.

CoinNetwork

2026-02-26 20:56:53

Abstract generation in progress

After Benchmark reaffirmed its “Buy” rating on MicroStrategy, the company’s stock price approached $130. Benchmark highlighted MicroStrategy’s strategic shift, which involves using its perpetual preferred stock (STRC) as the primary financing tool for Bitcoin acquisitions. Executive Chairman Michael Saylor outlined this transition in a meeting, moving from advocating Bitcoin on the corporate balance sheet to promoting “digital credit,” where Bitcoin serves as a capital asset generating returns. Benchmark analyst Mark Palmer noted that STRC is the “main engine” behind Bitcoin accumulation, aimed at accelerating per-share Bitcoin growth. Despite MicroStrategy holding over 717,722 Bitcoins and having significant unrealized losses, Benchmark maintained a target price of $705.

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