Analysts at research and brokerage firm Bernstein said they expect the amount of Bitcoin held by MicroStrategy to increase from 1.7% of the circulating supply to 4% over the next decade, and updated their end-of-2025 target price for MicroStrategy shares (MSTR) to $600, according to online reports. Bernstein had previously set a target price of $290 in June, when the stock was trading at about $148. After rising nearly 100% in the past month and rising 509% year-to-date, the price target was hit on November 11. MicroStrategy shares closed up 6.2% at $421.88 on Friday, meaning they believe the new price target has a 42% upside potential from current levels. Currently, MSTR is up 6% to $447.70 in pre-market trading.