Movement Alert|Strategy Rises 3.57% in Regular Trading, Multiple Banks Raise Target Prices as Buyback Program Doubles

Market Focus
Sep 11

On September 11, Strategy rose 3.57% in regular trading, trading at $133.175/share with turnover of $473 million, rebounding after two consecutive days of pullback.

On the news front, multiple investment banks issued bullish calls in quick succession: Canaccord Genuity raised its target price to $179, B. Riley lifted its target from $155 to $175 while maintaining a Buy rating, and Alliance Global Partners initiated coverage with a Buy rating and a $217 target — implying roughly 75% upside from current levels. On the fundamental side, Strategy repurchased $176 million in STRC preferred stock last week and doubled its digital credit securities buyback program from $1 billion to $2 billion. As of September 7, the company held 845,050 BTC alongside $6.5 billion in assets. Options markets have also reflected bullish sentiment, with a $67.45 million dual-buy Call block recently recorded. The concentrated wave of analyst upgrades, combined with an expanded capital return program and a substantial BTC treasury, collectively boosted investor confidence.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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