Market Cap: $3.1468T -1.250%
Volume(24h): $123.6184B -19.170%
  • Market Cap: $3.1468T -1.250%
  • Volume(24h): $123.6184B -19.170%
  • Fear & Greed Index:
  • Market Cap: $3.1468T -1.250%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$98248.999585 USD

0.80%

ethereum
ethereum

$2845.889766 USD

3.81%

xrp
xrp

$2.461249 USD

-1.46%

tether
tether

$1.000324 USD

0.01%

solana
solana

$203.445740 USD

-0.62%

bnb
bnb

$581.155103 USD

1.55%

usd-coin
usd-coin

$1.000039 USD

0.02%

dogecoin
dogecoin

$0.265193 USD

0.36%

cardano
cardano

$0.763922 USD

2.38%

tron
tron

$0.227361 USD

1.47%

chainlink
chainlink

$19.864663 USD

1.80%

avalanche
avalanche

$26.765526 USD

0.66%

sui
sui

$3.478716 USD

-2.73%

stellar
stellar

$0.339725 USD

0.18%

toncoin
toncoin

$3.890572 USD

2.97%

Cryptocurrency News Articles

Bitcoin Giant MicroStrategy Rebrands to Strategy With Bitcoin-Inspired Logo

Feb 06, 2025 at 08:52 pm

Bitcoin treasury pioneer MicroStrategy has rebranded with a new name. Strategy's new logo features the prominent Bitcoin "B",

Bitcoin Giant MicroStrategy Rebrands to Strategy With Bitcoin-Inspired Logo

Bitcoin treasury pioneer MicroStrategy has unveiled a new brand identity, complete with a Bitcoin-inspired logo and a name change to Strategy.

The company, known for its massive Bitcoin holdings, is now pivoting to highlight its crypto-centric business venture further.

MicroStrategy Rebrands To Strategy With Bitcoin-Inspired Logo

Bitcoin treasury pioneer MicroStrategy has rebranded with a new name. Now called Strategy, the company unveiled its new logo, brand color, and slogan on March 28.

Strategy’s new logo features the prominent Bitcoin “B”, indicating the company’s Bitcoin treasury strategy, and the name’s new primary color is orange.

“This brand simplification is a natural evolution of the company, reflecting its focus and broad appeal,” the firm said in an official announcement. “The new logo includes a stylized “B”, signifying the company’s Bitcoin strategy, and its unique position as a Bitcoin Treasury Company. The brand’s primary color is now orange, representing energy, intelligence, and Bitcoin.”

The newly rebranded company will continue to focus on AI-powered business intelligence solutions, along with its Bitcoin acquisition strategy. Strategy possessed a total of 471,107 Bitcoins as of press time, worth roughly $46.4 billion at the current market prices. The firm recently snapped its 12-week Bitcoin buying spree — but it remains the world’s largest corporate holder of the top crypto.

“Strategy is one of the most powerful words in human language (…) After 35 years, our new brand perfectly represents our pursuit of perfection,” said Strategy founder and Executive chairman Michael Saylor.

Saylor then proceeded to quote the late French author Antoine de Saint-Exupery, who once said that “perfection is achieved not when there is nothing more to add, but when there is nothing left to take away.’”

Hours after its rebrand, Strategy also released its Q4 2024 earnings. The company reported a net loss of $670.8 million for the fourth quarter as it stacked Bitcoin aggressively.

Strategy’s expenses for Q4 spiked roughly 700% year-on-year to $1.1 billion as it began executing its daring “21/21 Plan” — targeting $42 billion in capital over the next three years via equity, with another $21 billion coming by selling fixed income securities — to purchase more BTC.

The Tysons, Virginia-based company has already concluded $20 billion of that $42 billion capital plan, fueling its BTC acquisition spree via senior convertible notes and debt.

Other Firms Follow MicroStrategy’s Example

Strategy’s Bitcoin treasury strategy has inspired other publicly listed companies to adopt the increasingly fashionable Bitcoin standard.

Tokyo-based investment firm Metaplanet announced its Bitcoin adoption strategy in April 2024. In January, Metaplanet CEO Simon Gerovich said the company aims to increase its treasury holdings to 21,000 BTC in 2026.

“We believe that Bitcoin will continue to appreciate in value over the long term, and we are excited to be able to contribute to the growth of the Bitcoin economy,” Gerovich stated at the time.

Healthcare technologies company Semler Scientific has also followed in Saylor’s footsteps and added the orange coin to its corporate treasury as an inflation hedge.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 07, 2025