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Cryptocurrency News Articles

MicroStrategy Rebrands to Strategy, Emphasizing Its Focus on Bitcoin (BTC) Treasury

Feb 06, 2025 at 05:38 am

The Nasdaq 100 constituent company also introduced a new logo featuring a stylized “B,” which signifies its Bitcoin strategy and position within the crypto market.

MicroStrategy announced Feb. 5 that it will rebrand to Strategy, reflecting its focus on becoming a Bitcoin (BTC) treasury company and a publicly traded business intelligence firm.

The Nasdaq 100 constituent company also introduced a new logo featuring a stylized “B,” which signifies its Bitcoin strategy and position within the crypto market. The brand's primary color has been changed to orange, also a nod to Bitcoin.

Strategy executive chairman Michael Saylor said the move was a simplification of the brand to more clearly align with the company's core mission. He added:

“Antoine de Saint-Exupery said, ‘Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.’ After 35 years, our new brand perfectly represents our pursuit of perfection.”

Phong Le, president and CEO of Strategy, emphasized the company's role in advancing Bitcoin and artificial intelligence. He stated that the new name highlights the firm's global appeal and the value it brings to shareholders, customers, partners, and employees.

Strategy MSTR shares are already seen by investors as a proxy for Bitcoin exposure, and this relation was responsible for propelling the stock price by 422% last year, reaching a new all-time high at $421.88 nearly 25 years after the “dotcom bubble.”

Bitcoin pushOn Jan. 27, Strategy announced an additional fundraising to expand its Bitcoin holdings through a public offering of Strike Preferred Stock (STRK).

Starting Mar. 31, 2025, each STRK share will carry a $100 liquidation preference, accruing fixed-rate dividends. The payments, made in cash, Class A common stock, or a combination of both, occur quarterly.

The company aims to issue 2.5 million shares of STRK, subject to regulatory approval and prevailing market conditions.

On Jan. 31, Strategy secured over $563 million to invest in Bitcoin through STRK offerings. The company currently holds 471,107 BTC, valued at over $46 billion.

With an acquisition cost of $30.3 billion, Strategy's net profit is nearly $16 billion as of Feb. 5.

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Other articles published on Apr 06, 2025