Barclays, with $2.3 trillion in assets, initiates coverage on MicroStrategy (MSTR) with a “Buy” rating and a target price of $130.

According to Odaily, BitcoinTreasuries.NET posted on the X platform that a bank with assets of $2.3 trillion has, for the first time, covered exchange Strategy MSTR, giving it a buy rating and a target price of $130, and classified it in the same category as Visa and Mastercard. Wall Street no longer refers to MSTR as a "crypto proxy," but as "fintech."