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StoneX’s Mark Palmer: $435 MSTR Price Target Explained – DAT Consolidation Outlook

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StoneX’s Mark Palmer: $435 MSTR Price Target Explained – DAT Consolidation Outlook

Bitcoin Magazine

StoneX’s Mark Palmer: $435 MSTR Price Target Explained – DAT Consolidation Outlook

Strategy just spent six times more buying back Stretch than buying Bitcoin. Is that the right move for MSTR shareholders? StoneX Senior Equity Research Analyst Mark Palmer explains why STRC is foundational to Strategy’s fundraising, and how the $4.9B USD Reserve is pushing the preferred stock back toward par. He also explains why Strategy won’t simply raise the dividend rate.

Chapters:
00:00 StoneX Analyst Mark Palmer on Strategy (MSTR)
00:12 Stretch Buybacks vs. Buying Bitcoin: $176M vs. $29M
01:00 The $4.9B USD Reserve and Stretch’s Path Back to Par
01:56 Why Strategy Won’t Raise the Stretch Dividend Rate
04:17 Daily Dividends and Ex-Dividend Date Volatility
06:53 June’s Stretch Sell-Off and Institutional Investors
07:21 Where Bitcoin Treasury Balance Sheet Stress Shows Up First
09:21 Perpetual Preferreds vs. Convertible Notes: Strive’s Approach
11:54 USD Cash, Convert Paydowns, and Metaplanet’s U.S. Push
13:09 Why StoneX Cut Its MSTR Price Target to $435

, Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.



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