Citigroup reiterates a buy rating on MicroStrategy with a $325 target, signaling continued institutional exposure to Bitcoin.
Citigroup has reiterated a buy rating on MicroStrategy stock, signaling continued institutional support for Bitcoin-linked treasury strategies across public markets.
The decision comes as Bitcoin prices face short-term weakness, while longer-term institutional positioning remains active.
Market participants continue to monitor how equity-linked Bitcoin exposure, corporate balance sheets, and regulated investment vehicles influence demand, liquidity, and broader confidence in digital asset adoption over extended market cycles.
Citigroup Reaffirms Buy Rating on MicroStrategy
Citigroup maintained a buy rating on MicroStrategy, now operating as Strategy, with a price target of $325.
The update was reported on February 9 through an X post by BitcoinTreasuries. Analyst Peter Christiansen issued the revised target.
Citigroup manages about $1.75 trillion in assets. Its continued support reflects confidence in companies holding Bitcoin as a core treasury asset.
The stance remains unchanged despite recent market volatility. Citigroup first initiated coverage on the stock in October with a higher target.
The firm later reduced the target in December following broader crypto market weakness. However, the buy rating was retained.
Strategy Maintains Long-Term Bitcoin Accumulation Plan
According to Beejorn.crypto, the company reported a net loss of $12.4 billion in the fourth quarter, while its Bitcoin reserves fell below the average purchase price of $76,052 for the first time since 2023.
Chief executive Michael Saylor and CEO Phong Le addressed concerns related to balance sheet risk.
Phong Le said liquidation risks would only arise if Bitcoin fell to $8,000 for five years. This statement aimed to clarify downside scenarios.
Chief financial officer Andrew Kang said the firm’s capital structure is stronger today. He noted improved funding flexibility and resilience.
These comments were made as investors assess long-term exposure.
Related Reading: Experts Forecast MicroStrategy Collapse Within 12 Months – Yet Cash Reserves Tell a Different Story
Institutional Support Reflects Continued Bitcoin Exposure
Other financial firms have also maintained buy ratings on MicroStrategy.
Canaccord Genuity, Maxim Group, and TD Cowen kept positive ratings. However, several firms lowered their price targets.
Maxim Group reduced its target from $425 to $200 last week. These changes followed recent declines in Bitcoin prices. Despite this, analyst support remains in place.
MicroStrategy is widely viewed as a proxy for institutional Bitcoin exposure. Support from major banks often reflects long-term confidence in Bitcoin adoption.
This reinforces Bitcoin’s role in institutional portfolios. MicroStrategy stock fell nearly 4% in premarket trading on February 9.
The stock had closed over 26% higher the previous Friday. Trading volume reached 56 million shares.
Bitcoin traded near $69,110 at the time of writing, down more than 2% in 24 hours. Prices ranged between $68,389 and $72,206. Institutional activity continues to shape market sentiment.
Source: https://www.livebitcoinnews.com/citis-325-target-on-mstr-signals-continued-institutional-bitcoin-buying/
