MicroStrategy Transforms into “Strategy” with a Bitcoin-Inspired Rebrand!

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In a surprising turn of events, MicroStrategy Inc. (NASDAQ: MSTR), a company with a substantial investment in Bitcoin  

BTC
$96 829

24h volatility:
0.5%

Market cap:
$1.92 T

Vol. 24h:
$40.83 B

, has rebranded to “Strategy,” donning Bitcoin-inspired orange branding and its logo. With an impressive $87.5 billion market cap, the company now calls itself the “world’s first and largest Bitcoin treasury company.”

Embracing the Bitcoin spirit, Strategy launched a new website and branded merchandise to engage the community. The company’s CEO, Phong Le, expressed his excitement: “Strategy is innovating in the two most transformative technologies of the twenty-first century – Bitcoin and artificial intelligence.”

Michael Saylor, the founder and executive chairman of Strategy, added, “Our new name showcases our vision of Bitcoin as a strategic investment.”

In other news, Strategy released its Q4 2024 results, revealing that it has accumulated 471,107 Bitcoins, representing over 50% of its valuation. In the fourth quarter alone, the company acquired 218,887 Bitcoins for approximately $20.5 billion!

Strategy issued 42,308,443 shares of its class A common stock, raising about $15.1 billion. With $4.3 billion in stocks left to sell, the company aims for a net revenue of $120.7 million and a gross profit of $86.5 million in 2025.

So, dear readers, let us raise our glasses to Strategy and its Bitcoin-infused future! 🥂

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2025-02-06 01:16