Citigroup lowers its Strategy target price to $136, maintaining a buy rating

On July 1st, Citigroup lowered its Strategy target price from $260 to $136, maintaining a buy rating. Citigroup stated that the updated capital plan of Strategy enhances liquidity and helps to buy more time for the company to stabilize its operations. According to BIT market data, Strategy's US stock market fell 0.52% before trading to $86.48.