U.S. President Donald Trump has reignited tensions over Greenland, escalating a centuries-long dispute.
This geopolitical drama is impacting crypto-exposed equities like Michael Saylor's MicroStrategy, now known as Strategy (NASDAQ: MSTR).
Analyst Adjusts MicroStrategy Outlook Amid Geopolitical Shifts
Amid the geopolitical flare-up, Mizuho analyst Dan Dolev cut MicroStrategy’s (MSTR) price target to $403 from $484 while maintaining an "Outperform" rating.
This adjustment comes just days after TD Cowen lowered its price target for Strategy from $500 to $440 while maintaining a "buy" rating.
Dolev indicated that fintech and payments stocks are facing significant political, macro, and product catalysts in 2026, with rising geopolitical risk contributing to volatility for Bitcoin-linked firms like Strategy.
Bitcoin’s (BTC) sensitivity to macro and regulatory shifts makes Strategy’s shares particularly exposed to policy uncertainty.
At press time, MSTR was down 5.03% in pre-market trading as Bitcoin dropped by 2% in the past 24 hours to trade at $91,029.04.
Trump's Greenland Strategy Intensifies with New Map Circulation
President Trump has openly circulated AI-generated maps depicting Greenland as American territory, stating there is “no going back” on his plan to bring Greenland under U.S. control.
Trump has threatened tariffs on European allies unless Denmark agrees to sell the semi-autonomous Arctic territory, framing it as a matter of “national security.” He did not rule out the possibility of using force.
These comments have sparked protests across Copenhagen and Nuuk and have renewed friction within NATO.
Leaders from Denmark and Greenland have promptly rejected the proposal, while the European Union has pledged to enhance cooperation on Arctic defense.
MicroStrategy Continues Aggressive Bitcoin Accumulation
Even as analysts temper their outlooks, Strategy is actively expanding its Bitcoin holdings.
The company disclosed that between January 12 and January 19, 2026, it sold approximately $2.1 billion in securities through its at-the-market offering program.
The firm sold 10.4 million shares of MSTR stock, generating $1.83 billion in proceeds. These funds were then used to acquire 22,305 BTC at an average price of about $95,284 per coin.
Following these acquisitions, MicroStrategy’s total Bitcoin holdings increased to 709,715 BTC, valued at an estimated $53.9 billion. The average cost basis for these holdings, including fees and expenses, is $75,979 per Bitcoin.