Barclays raised its 12-month price target for Strategy Inc., formerly MicroStrategy, to $160 from $125 while maintaining an Overweight rating. The target remains below Strategy’s September 14 close of $136.94, the $226.20 Yahoo Finance analyst average and high-end published targets of $435. Barclays initiated coverage in July 2026 with a $130 target, cut it after second-quarter results as Bitcoin weakened, and has now reversed that reduction. Public recaps cited stabilization in the perpetual Stretch preferred stock, STRC, and a Bitcoin rebound. Strategy held 845,050 BTC in mid-September 2026, acquired at an average cost of about $75,412 per coin including fees. At Bitcoin’s September 15 price of $77,900, the holdings were worth approximately $64.98 billion against a reported cost basis of $63.73 billion. The company also operates an enterprise analytics software business, while mark-to-market accounting makes reported earnings highly sensitive to Bitcoin prices.