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MicroStrategy stock jumps 30% in a month; Citigroup raises price target to $240 amid Bitcoin rally.

Analyst Insights
02 Oct 2026
24/7 Wall Street
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Bullish
MicroStrategy stock jumps 30% in a month; Citigroup raises price target to $240 amid Bitcoin rally.

MicroStrategy (MSTR) stock surged 30% in the past month, outperforming Bitcoin's 9.6% gain and other crypto-related stocks. Following this strong performance, Citigroup raised its price target for MicroStrategy shares to $240 and maintained a Buy rating, validating the recent momentum. The stock's leveraged exposure to Bitcoin amplifies both gains and risks, as fixed dividend obligations remain regardless of Bitcoin's price moves. Investors should consider their confidence in Bitcoin's continued rise and carefully size their positions due to the stock's volatility and leverage.

While MicroStrategy (MSTR) stock has surged 30% in the past month, Citigroup Inc. (C) trades at USD 127.66, closer to its 52-week low of USD 93.93 than its high of USD 145.67 as of Oct 02, 2026 23:13 WIB. The iShares Bitcoin Trust (IBIT), linked to crypto like MSTR, is priced at USD 48.26, well below its 52-week high of USD 71.29 but above its low of USD 33.29. On Pluang, Citigroup shows a modest 1-day gain of 0.52%, while IBIT is up 0.63%, reflecting steadier moves compared to MSTR's recent volatility.

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