Investment bank Cantor Fitzgerald lowered its price target for Strategy by 59% to $229, but maintained its "overweight" rating.

According to Mars Finance, analysts at investment bank Cantor Fitzgerald have set a 12-month price target of $229 for Strategy's stock, about 59% lower than their previous estimate of $560. However, Cantor Fitzgerald reiterated its "overweight" rating, remaining bullish on the long term. Analysts now expect Strategy to raise $7.8 billion from capital markets over the next year, instead of the previously anticipated $22.5 billion.