Strategy Inc. (MSTR) to Target $80 Trillion Global Credit Market Opportunity

Strategy Inc. (NASDAQ:MSTR) is one of the best cryptocurrency stocks to buy according to Wall Street analysts. On September 8, at the H.C. Wainwright 27th Annual Global Investment Conference, the company’s Chairman, Michael Saylor, reiterated an optimistic vision for Bitcoin and the industry as a whole.

Strategy Inc. (MSTR) to Target $80 Trillion Global Credit Market Opportunity

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According to Saylor, the industry could be worth between $10 trillion and $20 trillion by 2028, amid heightened Bitcoin adoption, with nearly every household in the US having exposure. Amid the expected growth, the Strategy plans to enter the $80 trillion global credit market with its Bitcoin-backed instruments. The push comes as the company holds nearly 640,000 Bitcoin valued at over $70 billion.

The significant Bitcoin holdings have been the catalyst behind the company generating an impressive 92% return over the past five years. Its cost of capital stands at 14% while Bitcoin returns have reached highs of 55%

Strategy Inc. (NASDAQ:MSTR) is a company that holds Bitcoin as its primary treasury reserve asset. It uses capital from equity and debt financings to strategically accumulate Bitcoin, positioning itself as the world’s largest Bitcoin treasury company.

While we acknowledge the potential of MSTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSTR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.