MicroStrategy Expands Bitcoin Portfolio: Analysts Predict $830 Billion by 2033

MicroStrategy, a company known for its large Bitcoin holdings, is making a big bet on the cryptocurrency. Analysts predict that by 2033, MicroStrategy could own 4% of all circulating Bitcoin. Currently, the company holds 386,700 BTC, earning it the title of a “Bitcoin magnet,” as it continues to attract billions in capital. Its most recent purchase added 51,780 BTC at an average price of $88,627 each.

Bernstein See MSTR to Hit $600

According to analysts at Bernstein, the current market conditions for Bitcoin—rising institutional interest and growing regulatory support—put MicroStrategy in a strong position to achieve its target ahead of schedule. Bernstein forecasts that Bitcoin could reach $1 million by 2033, which would make MicroStrategy’s holdings worth $830 billion, a huge increase from their current value.

As a result, Bernstein raised its price target for MicroStrategy’s stock (MSTR) to $600 by late 2025, up from the previous target of $290 set in June when the stock was trading around $148.

Bernstein’s optimistic outlook is based on three key factors: sustained long-term investor interest in Bitcoin, MicroStrategy’s ability to stay liquid amid market swings, and the company’s success in scaling capital.

Mixed Reactions from the Market

Meanwhile, not everyone is optimistic with Bernstein’s analysis. Citron Research recently shorted the company’s stock, saying its value has gone beyond what Bitcoin’s fundamentals support. However, supporters argue that MicroStrategy’s vision and aggressive strategy could pay off in the long run. 

Despite this, analysts believe that Bitcoin bull markets could sustain MicroStrategy’s premium valuation, allowing it to continue raising funds and buying more Bitcoin.

MicroStrategy’s Bitcoin Holdings

MicroStrategy has been growing its Bitcoin holdings, now owning over 386,700 BTC, bought at an average price of $49,874 each. The company uses convertible debt and equity to fund these purchases, attracting Wall Street’s attention.

In November, they raised $3 billion in convertible debt and $6.6 billion in equity, helping them stay on track to reach a $42 billion capital-raising goal in the next three years.

The Vision? A “Bitcoin Bank” Worth Trillions

MicroStrategy’s long-term vision is clear. Chairman Michael Saylor wants the company to become a “Bitcoin magnet” and ultimately reach a trillion-dollar valuation. If Bitcoin hits $1 million by 2033, the company’s Bitcoin holdings could be worth $830 billion, making it a dominant force in the market.

The company’s goal is to become a “Bitcoin bank,” with a central role in the cryptocurrency world.