Mark Palmer, an expert at Benchmark Company, thinks that Bitcoin’s price will balloon to $150,000 by the end of 2025. This is positive news for both BTC and MicroStrategy (MSTR) stocks. This positive prediction comes with a big improvement in the outlook for MicroStrategy stock, mostly due to the company’s large BTC reserves.
Palmer’s optimistic view was made clear in an investor note on April 8 when he raised his MicroStrategy (MSTR) price goal from $990 to $1,875, almost double. Palmer is confident in MSTR because the company has a lot of Bitcoin, which he thinks will become much more valuable after the upcoming split event.
Bitcoin Halving Event Impact – Analyzing Historical Trends
Palmer’s analysis focused on the possible effects of Bitcoin’s “halving event,” which will reduce the amount of cryptocurrency available by half. Palmer compared past trends to highlight the significant price increases after the 2012, 2016, and 2020 halves. He stressed that MicroStrategy’s large BTC reserves make it an ideal option to take advantage of this upcoming supply shock.
Palmer’s predictions aren’t just about the price of BTC; he also thinks that MicroStrategy will keep buying BTC strategically. The company, which CEO Michael Saylor runs, has been slowly buying Bitcoin at an average price of $35,160. As of April 9, they had 214,245 BTC in their possession. Palmer thinks this trend will continue and estimates that MicroStrategy could have about 298,246 Bitcoins by the end of 2025, a huge 40% rise from now.
MicroStrategy plans to use the funds from capital raises and extra cash from its workplace software business to keep building up its stock. Investors and analysts alike are interested in and optimistic about the company’s planned method of accumulating Bitcoin.
Palmer was optimistic about Bitcoin’s future, and so was Anthony Scaramucci, founder of Skybridge Capital, who thinks it will hit at least $170,000 in the 18 months after the halving cycle. Analysts at the cryptocurrency exchange Bitfinex have also set a price goal for BTC between $150,000 and $169,000, which shows that most people are optimistic about BTC future.
As people wait for Bitcoin to rise, MicroStrategy’s smart moves and positive outlook make it a major player in the changing world of digital assets, ready to take advantage of future growth possibilities.
