Mizuho Lowers Strategy Stock Price Target Amid Cryptocurrency Market Downturn

Mizuho has adjusted its price target for Strategy stock to $213 from $265 while maintaining an Outperform rating.

The firm lowered the estimate for Strategy's Bitcoin holdings on its balance sheet to 843,775 as of June 30, 2026, following recent selling operations.

Mizuho also revised its Bitcoin market price forecast for the end of 2027 to $71,500, which forms the basis for the new price target.