According to The Block, Mizuho Securities believes that the price of Bitcoin has an upside of 30% in the next three years, which is the reason the company has rated MicroStrategy's stock as "outperform".
Mizuho analysts led by Dan Dolev pointed out that Bitcoin's adoption is becoming more widespread globally, and the political environment under US President Donald Trump is also more favorable. Assuming the adoption rate continues to follow the same trajectory as before 2027, it means that the Bitcoin price will increase by 25-30% per year. By the end of 2027, MSTR's Bitcoin holdings are expected to reach 783,000 coins, and the market price of Bitcoin is expected to rise to $166,000, which means that the value of MSTR's holdings will be $130 billion.
