Analyst Singles Out MicroStrategy, Galaxy Digital as Strong BuysDecember 06, 2024 at 07:05 AM EST
The Bitcoin price is nearing a historic $100,000, propelled by a remarkable rally following the U.S. elections. This has sparked interest in identifying promising investment opportunities in the crypto space for 2025. According to Mark Plamer, an analyst at Benchmark, Galaxy Digital and MicroStrategy Inc. (NASDAQ: MSTR) are two long-standing favorites among cryptocurrency fans. Palmer estimates MicroStrategy’s fair value at $650, representing a potential 68% increase from its current price. For Galaxy Digital, he projects at least a 16% rise, targeting $29 based on his… About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.CryptoCurrencyWire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.CryptoCurrencyWire.com/Disclaimer CryptoCurrencyWire CryptoCurrencyWire is powered by IBN More NewsView More
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