Strategy Inc. (NASDAQ:MSTR) is one of the crypto stocks with huge upside potential. On March 10, analysts at B.Riley initiated a Buy rating on Strategy Inc. (NASDAQ:MSTR) with a $175 price target. According to the research firm, the stock remains well-positioned despite recent volatility in cryptocurrencies.

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According to Fedor Shabalin, an analyst at the firm, Strategy Inc. is a standout name in the digital asset sector owing to the scale of its operations. In addition, the company boasts a robust capital structure and an established market position.

The company has remained resilient despite the broader digital asset sector coming under pressure, as Bitcoin imploded from record highs of $126,000 to around $69,000. The implosion has resulted in Strategy Inc. trading at about 1.2x mNAV, below its 2024 peak of 3.4x.

Despite the heightened volatility around digital assets, strategy is increasingly shifting toward preferred securities and diversified capital structure. The B.Riley analyst expects the company to navigate the current environment through a differentiated structure and disciplined approach to BTC accumulation.

Strategy Inc (NASDAQ:MSTR) is a specialized Bitcoin treasury company and provider of enterprise analytics software. It acts as the world’s largest corporate holder of Bitcoin, using its balance sheet to accumulate BTC while developing cloud-native, AI-powered business intelligence (BI) tools and software. The company offers exposure to Bitcoin through its equity and serves customers globally.

While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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