Amid plans to start a ‘Bitcoin bank,’ MSTR stock soars to ATH

MicroStrategy's stock hit a new ATH following Saylor's vision to transform it to a trillion-dollar Bitcoin bank.

MicroStrategy’s founder, Michael Saylor, told Bernstein analysts his firm was eyeing a $1 trillion valuation as the largest BTC bank.

This would be partly aided by its aggressive accumulation of the world’s largest asset, as the analysts projected a price target of $290 for the stock.to a record high of $212.50, a 15% increase during the intra-day trading session on October 11th. It even smashed the $200 resistance.from Bitcoin Treasuries. In most interviews, Saylor has never stated whether the firm will sell its BTC hoard or its end goal.

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