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Bernstein: Bitcoin Has Likely Bottomed, Maintains Year-End Bullish Target of $150,000
Mars Finance News, March 24 — Research and brokerage firm Bernstein stated that Bitcoin is likely to have bottomed out and is expected to continue rising, maintaining its price target of $150,000 by 2026. Despite a 50% decline from its peak, Strategy (stock code: MSTR) has shown strong resilience and currently holds about 3.6% of the total Bitcoin supply (approximately $53.5 billion). Bernstein believes that MSTR is a high-beta investment in Bitcoin, and its balance sheet is also relatively solid. Strategy has not reduced its exposure; instead, it has continued to increase its Bitcoin holdings at recent lows, raising $7.3 billion through financing in 2026 to expand its position.