Citigroup Raises Strategy (MSTR) Price Target 76% on Bitcoin Treasury Optimism

Key Facts

1Citigroup increased its price target for Strategy (MSTR) to $240 from $136, a 76% upward revision.

2Strategy (MSTR) shares rose 2.7% in Friday pre-market trading following the Citigroup update.

Citigroup increased its price target for Strategy (MSTR) to $240 from $136, a 76% upward revision. According to blockonomi.com, the upgrade is driven by a positive outlook on the company's Bitcoin treasury assets, with Strategy shares rising 2.7% in Friday pre-market trading following the announcement.

Strategy (MSTR) closed at $160.50 on October 1, 2026, while Citigroup (C) closed at $127 on the same date. The company disclosed in filings that it acquired 1,665 BTC during the week ending September 27, 2026, bringing its total holdings to 847,666 BTC, as Citigroup analysts simultaneously raised their 12-month Bitcoin price forecast to $113,000.