On September 3, Strategy rose 5.85% in regular trading, trading at $132.05/share, with turnover of $558 million. The rally came as multiple investment banks issued fresh bullish coverage on the stock.

B. Riley raised its price target on Strategy to $175 from $155 while maintaining a Buy rating. Separately, Alliance Global Partners, managing $2.3 billion in assets, initiated coverage with a Buy rating and a $217 target, implying approximately 75% upside from current levels. According to FactSet, Strategy carries a consensus Buy rating with a mean target price of $230.83.

The bullish analyst momentum builds on a series of positive developments. Strategy's executive chairman Michael Saylor recently signaled the company has resumed Bitcoin purchases after a nearly two-month pause, posting \"We're Back\" on social media. The company holds approximately 845,050 BTC with an average cost of $75,412 and maintains $15.9 billion in cash reserves alongside $5.1 billion in digital asset reserves, positioning it for continued accumulation as Bitcoin trades above $80,000.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)