Analysts at Benchmark expect shares of US software company MicroStrategy, one of the largest public holders of Bitcoin, to rise as the halving approaches.

Investment firm Benchmark predicts MicroStrategy (MSTR) shares will rise to $1,875 in the short term. In their opinion, this forecast for the price of MSTR shares is based on the assumption that the Bitcoin price will reach $150,000 by the end of next year.

Benchmark indicated that during the previous halvings of the first cryptocurrency in 2012, 2016 and 2020, an increase in the value of the asset was recorded. Analysts emphasize that the impact of halving on MicroStrategy shares will be enhanced by a simultaneous increase in demand caused by the appearance of spot Bitcoin ETFs on the American market.

The company expects a significant influx of capital into spot Bitcoin ETFs after large financial institutions begin to invest even more capital in them. Let us recall that Benchmark specialists have already called for purchasing MicroStrategy shares, considering them profitable investment instruments.

Previously, the market capitalization of MicroStrategy reached a new high, surpassing the level of $31.85 billion. MicroStrategy ranks 606 in the world ranking of companies according to the above indicator.