Clear Street analyst Brian Dobson lowered his target price after the significant volatility in MicroStrategy (MSTR) stock price, but he still maintains a long-term bullish outlook. Dobson emphasized that MicroStrategy holds 687,410 bitcoins and remains "a unique and highly attractive leveraged Bitcoin investment tool." Positive factors include MSCI's decision to temporarily exclude digital asset treasuries from its indices and the potential inclusion in the S&P 500 index in the future. He pointed out that since the stock's current trading price is close to its net asset value (mNAV), the downside risk appears limited, providing a potential entry point.