{"id":236456,"date":"2026-10-06T21:16:05","date_gmt":"2026-10-06T21:16:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=236456"},"modified":"2026-10-06T21:16:05","modified_gmt":"2026-10-06T21:16:05","slug":"stonexs-mark-palmer-435-mstr-price-target-explained-dat-consolidation-outlook","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=236456","title":{"rendered":"StoneX\u2019s Mark Palmer: $435 MSTR Price Target Explained \u2013 DAT Consolidation Outlook"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/videos\/stonexs-mark-palmer-435-mstr-price-target-explained-dat-consolidation-outlook\">StoneX\u2019s Mark Palmer: $435 MSTR Price Target Explained \u2013 DAT Consolidation Outlook<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Strategy just spent six times more buying back Stretch than buying Bitcoin. Is that the right move for MSTR shareholders? StoneX Senior Equity Research Analyst Mark Palmer explains why STRC is foundational to Strategy\u2019s fundraising, and how the $4.9B USD Reserve is pushing the preferred stock back toward par. He also explains why Strategy won\u2019t simply raise the dividend rate.<\/p>\n<p class=\"wp-block-paragraph\">Chapters:<br \/>00:00 StoneX Analyst Mark Palmer on Strategy (MSTR)<br \/>00:12 Stretch Buybacks vs. Buying Bitcoin: $176M vs. $29M<br \/>01:00 The $4.9B USD Reserve and Stretch\u2019s Path Back to Par<br \/>01:56 Why Strategy Won\u2019t Raise the Stretch Dividend Rate<br \/>04:17 Daily Dividends and Ex-Dividend Date Volatility<br \/>06:53 June\u2019s Stretch Sell-Off and Institutional Investors<br \/>07:21 Where Bitcoin Treasury Balance Sheet Stress Shows Up First<br \/>09:21 Perpetual Preferreds vs. Convertible Notes: Strive\u2019s Approach<br \/>11:54 USD Cash, Convert Paydowns, and Metaplanet\u2019s U.S. Push<br \/>13:09 Why StoneX Cut Its MSTR Price Target to $435<\/p>\n<p class=\"wp-block-paragraph\">DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/videos\/stonexs-mark-palmer-435-mstr-price-target-explained-dat-consolidation-outlook\">StoneX\u2019s Mark Palmer: $435 MSTR Price Target Explained \u2013 DAT Consolidation Outlook<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/patrickgreen\">Patrick Green<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine StoneX\u2019s Mark Palmer: $435 MSTR Price Target Explained \u2013 DAT Consolidation Outlook Strategy just spent six times more buying back Stretch than buying Bitcoin. Is that the right move for MSTR shareholders? StoneX Senior Equity Research Analyst Mark Palmer explains why STRC is foundational to Strategy\u2019s fundraising, and how the $4.9B USD Reserve [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":236457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-236456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/236456"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=236456"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/236456\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/236457"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=236456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=236456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=236456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}