According to CoinMeta, as reported by an early issuer of in, Bernstein expects Bitcoin to rise to $150,000 by the middle of 2027 and reach a peak of $300,000 in 2029. At the same time, Bernstein maintains its rating that Strategy will outperform the market, but has lowered its target price from $450 to $350 due to an updated outlook on the Bitcoin market cycle and consideration of the dilution effect of the issuance of Strategy shares.