MSTR, ASST Stocks Slide Ahead Of Fed Decision – B. Riley Flags ‘Attractive Entry Point’

• B. Riley increased the price target of ASST’s stock to $19 from $15, implying a potential upside of over 30%.
• It increased the price target on MSTR’s stock to $200 from $188, implying a potential upside of over 25%. 
• Retail sentiment on Stocktwits around MSTR and ASST flipped to ‘bearish’ from ‘bullish’ territory over the past day.

Bitcoin (BTC)-linked equities, including Strategy (MSTR) and Strive (ASST), took a hit in midday trade on Wednesday ahead of the Federal Reserve’s rate decision meeting later in the day, and analysts at B. Riley believe it has created an “attractive entry point.”

MSTR’s stock fell nearly 4% to under $160. On Stocktwits, retail sentiment around the company flipped to ‘bearish’ from ‘bullish’ territory over the past day, while chatter dipped to ‘normal’ from ‘high’ levels. 

Meanwhile, ASST’s stock dropped nearly 6% to under $15. Retail sentiment around the Vivek Ramaswamy-backed enterprise also slipped to ‘bearish’ from the ‘bullish’ zone over the past day. Chatter took a bigger hit to ‘low’ from ‘high’ levels.

B. Riley Sees MSTR, ASST Pullback As Buying Opportunity

B. Riley increased the price target of ASST’s stock to $19 from $15, implying a potential upside of over 30%, according to TheFly. The price target on MSTR’s stock increased to $200 from $188, implying a potential upside of over 25%. 

The firm said the revision was a part of its first quarter (Q1) review. “The recent crypto pullback ahead of today's Federal Reserve meeting, where consensus expects interest rates to hold, has created an attractive entry point,” the analysts wrote. They also cited quarter-to-date gains in crypto prices and ongoing preferred issuance activity as supportive factors.

Bitcoin Dips Ahead Of Fed Rate Decision

Bitcoin’s price fell below the key support level of $76,000, edging lower by 0.25% in the last 24 hours. Retail sentiment around the apex cryptocurrency on Stocktwits dipped to ‘neutral’ from ‘bullish’ territory over the past day, accompanied by chatter at ‘normal’ levels. 

Wednesday’s Federal Reserve meeting may possibly be Chair Jerome Powell’s last meeting at the helm after the Senate banking committee voted to advance Kevin Warsh’s nomination to lead the central bank earlier in the day. 

The Fed is expected to maintain its wait-and-see approach, balancing persistent inflation, a stable labor market, and Iran-war-related price shocks. Tensions between President Donald Trump and Powell have remained in focus, with ongoing disagreements over the pace and scale of interest rate cuts.

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