Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target

The broker sees bitcoin rebounding from its recent lows, supported by ETF flows and expanding corporate treasury demand. What to know : Bernstein said bitcoin has bottomed and maintained its $150,000 year-end price target. Strategy continues to accumulate BTC, now holds ~3.6% of supply. The company's preferred equity, STRC, is gaining traction, easing dilution and supporting funding, the report said.