MIZUHO REITERATES $165 TARGET ON STRATEGY (MSTR ) Mizuho maintained its Outperform rating and $165 price target on Strategy following its Q3 2026 earnings call. Analyst Dan Dolev highlighted a stronger balance sheet, with 848,517 BTC held, net leverage falling to 2.4% from 8.4%, and $5.1 billion in USD assets covering 3.4 years of dividends and interest. However, Bitcoin per share has declined 3.7% year to date, raising dilution concerns.(彭博社)