Canaccord Genuity raises Strategy price target to $179, maintains buy rating

  • Canaccord Genuity raised Strategy's price target and maintained its buy rating.
  • $179 is the new target, up from $175.
  • Strategy held 845,050 BTC acquired for $63.73 billion.

Canaccord Genuity raised its price target for Strategy to $179 from $175 and maintained its buy rating. Strategy shares rose 2.94% to $140.53 in premarket trading as Bitcoin gained 1.43% to $79,574.05. The company held 845,050 BTC acquired for $63.73 billion at an average price of roughly $75,412 per coin, while also repurchasing 1.81 million STRC shares for $176.3 million. Strategy later bought 4,603 BTC for $370 million at an average price of $80,318 per coin. Its stock remained above the 20-day, 50-day and 200-day simple moving averages, although a death cross from October 2025 remains in place. Strategy also sold out a $250 limited-edition Bitcoin sneaker through its official online shop.

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