Analyst Brian Vieten of Siebert Financial maintains a Buy rating on MicroStrategy shares with a price target of $350. The firm projects that the company could increase its Bitcoin holdings to approximately 1.04 million coins by the third quarter of 2027.
As of early November 2026, MicroStrategy held roughly 849,327 BTC. The projected accumulation of an additional 190,000 coins relies on an estimated $16 billion in new digital credit issuance between the fourth quarter of 2026 and the third quarter of 2027.
The valuation model assumes a Bitcoin price of $175,000 by the third quarter of 2027 and a market net asset value multiple of 1.1x. The company currently backs $13 billion in outstanding digital credit with approximately $73 billion in Bitcoin reserves.
Siebert Financial manages roughly $20 billion in assets and has maintained its current rating and price target for MicroStrategy since mid-2026. The firm views the company as a leveraged vehicle for Bitcoin exposure, supported by ongoing capital raising through securities.
