MicroStrategy shares sink 60% in 2025 as most analysts keep bullish Bitcoin-linked targets
As of December 10, 2025, MicroStrategy’s shares are down 60% year-to-date, wiping out $73 billion in market value. Fifteen of 19 Wall Street analysts still recommend buying the stock. Their median price target is $485, implying about 150% upside from a recent close at $189. Those bullish calls hinge on expectations of a strong Bitcoin rebound by the end of 2026, even as the stock’s valuation premium over its Bitcoin holdings has narrowed amid rising competition.