Investment bank KBW has initiated coverage of Strategy with an "Outperform" rating, setting a target price of $560.

BlockBeats News, February 7th, according to CoinDesk's report, investment bank KBW released a research report, initiating coverage of Strategy (formerly MicroStrategy) with an Outperform rating and a target price of $560.

KBW analysts stated that Strategy is expected to adopt the latest FASB accounting standards in the first quarter of 2025, which could make it eligible for inclusion in the S&P 500 index, as one of the key inclusion criteria for the index is that the most recent quarter and the past four quarters have a positive net profit. Additionally, as a publicly traded company holding the largest amount of Bitcoin reserves, Strategy is poised to earn on-chain revenue through Bitcoin network applications in the future.