Canaccord just bumped $MSTR price target from $130 → $175 (Buy rating maintained)

Their thesis:
• Balance sheet strengthening
• Preferred shares recovering
• Crypto market backdrop improving

Model assumes $BTC +20% over next 12 months

If that plays out → $MSTR valuation expansion → more firepower to stack sats

Saylor's infinite bid strategy isn't dead. It's just getting started.

The corporate treasury playbook is real.