![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
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.
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.
-
- Lyn Alden, a well-known expert in macroeconomics, recently compared the ongoing Bitcoin correction to a similar dip seen in March 2024
- Apr 06, 2025 at 04:20 pm
- During her interview on The Your Life! Your Terms! YouTube channel, Alden explained the significance of the market value to realized value (MVRV) ratio. This metric compares Bitcoin’s market cap with the average price at which coins were last transacted.
-
- Introducing HashSphere, a Comprehensive Managed Environment for Enterprise-Grade Data Privacy and Regulatory Compliance
- Apr 06, 2025 at 04:20 pm
- HashSphere has introduced a comprehensive managed environment designed to offer enterprise-level data privacy, regulatory compliance, and compatibility with Ethereum Virtual Machine (EVM)-based smart contracts.
-
- BlackRock CEO Larry Fink Warns U.S. Risks Losing Reserve Currency Status to Bitcoin
- Apr 06, 2025 at 04:15 pm
- Larry Fink, CEO of BlackRock, voiced concerns in his annual investor letter, highlighting that the U.S. dollar could eventually lose its status as the world's reserve currency if the country's debt continues to rise unchecked.
-
-
-
-
- CARV Labs Officially Launches Infinite Play, a Data-Driven Gaming Initiative Offering 300,000 $CARV Tokens as Incentives to Players
- Apr 06, 2025 at 04:05 pm
- The program aims to change how gamers interact with web3 ecosystems by rewarding them for gameplay, data contribution, and active participation in shaping the gaming economy.
-
-