Citibank has given a buy rating for $STRD under $MSTR.

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Phyrex
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3 hours ago

Citibank has given a buy rating for $STRD under $MSTR, with a target price of $241.56, while it is currently only $77.6. If Citibank's judgment is correct, this would represent an increase of 215.93%.

This extremely optimistic pricing logic is almost entirely based on Citibank's belief that the price of $BTC will rise significantly by 2026, as the fixed dividend appeal of preferred shares is limited, and capital appreciation mainly comes from the revaluation of Bitcoin assets.

In the cryptocurrency outlook report released by Citibank on December 19, 2025, a 12-month target price of $143,000 for Bitcoin was clearly stated under the base scenario (an increase of about 62% from the current approximately $88,000), with an optimistic scenario reaching $189,000.

Citibank believes the factors driving the price increase include:

  1. Continued inflow of funds into BTC spot ETFs (expected to be around $1.5 billion).

  2. Improvement in the U.S. regulatory environment (such as the advancement of legislation like the CLARITY Act).

  3. Institutional adoption of buying.

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