Investment bank Cantor Fitzgerald lowered its strategy target price by 59% to $229, but still maintains a "buy" rating

Investment bank Cantor Fitzgerald analysts have set a 12-month target price of $229 for Strategy stock, approximately 59% lower than the previous expectation of $560, but Cantor Fitzgerald has reiterated its "Buy" rating and remains optimistic in the long term.

Analysts now expect that in the coming year, Strategy will raise $7.8 billion from the capital markets, instead of the previously expected $22.5 billion.