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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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In a review note, Berenberg Capital Markets states that Bitcoin's upcoming halving will benefit Bitcoin-focused companies like MicroStrategy. MicroStrategy generates income from the large amount of Bitcoin it holds, and according to analysts, the value of its shares could increase significantly due to Bitcoin's halving effect. According to Berenberg's prediction, Bitcoin price will experience an increase similar to the pre-halving rally. Looking at the previous halving cycles, it was seen that the price of Bitcoin increased by at least 682%. In this case, the value of MicroStrategy shares could also increase significantly. Currently, MicroStrategy shares are trading at $408 and have gained 180% since the start of the year. In the same period, the price of Bitcoin increased by 84%.
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