Citigroup quietly trims most crypto stocks, except one surprise pick
By Anand Sinha
Published on March 19, 2026.
Citigroup (NYSE: C) has reduced price targets on several cryptocurrency companies, including Strategy (MSTR), the world's largest corporate Bitcoin treasury led by billionaire Michael Saylor, and BitGo Holdings (BTGO), due to delays in the progress on the CLARITY Act. The bank also lowered its 12-month price targets for Bitcoin (BTC) and Ether (ETH), citing the delay over the CLALITY Act and decreased the Bitcoin forecast from $143,000 to $112,000. However, Citigroup kept a "Buy" rating on several other companies. Other notable companies include Galaxy Digital (Nasdaq: GLXY), BitGo (BT), Galaxy Digital, and BLSH (B) backed by PayPal co-founder Peter Thiel.
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