Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsBitcoin (BTC) in Focus as MicroStrategy (MSTR) Rebrands

Bitcoin (BTC) in Focus as MicroStrategy (MSTR) Rebrands

-

MicroStrategy (MSTR) has changed its name to Strategy in a move to simplify its brand and reflect the focus of the company, it announced Wednesday.

Strategy’s new logo includes the famous Bitcoin “B”, signaling 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,” a press release stated.

MicroStrategy, founded by now-Executive Chairman Michael Saylor, was primarily a software and infrastructure company since its 1989 debut. In the past five years, however, it has gradually shifted to become primarily focused on the accumulation of bitcoin, with its operating software business only a small fraction of the company valuation.

Last year, the company began calling itself a Bitcoin Strategy Company.

Strategy is announcing fourth-quarter earnings results after the close on Wednesday, with analysts expecting the firm to report a net loss as it continues to hold off marking higher its bitcoin holdings.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Ethereum’s Holesky Testnet Finalizes, Finally

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Ethereum Reporter.In this issue:Ethereum’s Holesky...

Why TikTok Should Be OnChain

Imagine a world where your digital identity is truly your own, where every post, connection, and interaction isn’t locked within the walls of a corporate...

Pi Network Price Prediction: Pi Coin Soars Past $1.50, Eyes $1.80 Retest

Pi Network Coin has been making waves in the crypto market, recently breaking through the $1.50 resistance level and eyeing a potential retest of $1.80. With...

Tether’s Paolo Ardoino Says USDT Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference

Attendees clapped and cheered when Paolo Ardoino, the public face of perhaps most influential company in crypto, entered the stage at the Cantor Fitzgerald Global...

Most Popular