MicroStrategy rebrands to Strategy, remains focused on Bitcoin

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  • Technique unveils a brand new Bitcoin brand and orange coloration scheme representing its Bitcoin technique
  • Saylor is predicted to debate the rebrand throughout the firm’s earnings name on Wednesday night
  • Technique at the moment has 471,107 Bitcoin in reserve value $45.8 billion

MicroStrategy, the most important company Bitcoin holder, has introduced it’s rebranded to Technique and unveiled a brand new Bitcoin brand.

In a publish on X, Michael Saylor, co-founder of Technique, merely stated: “new model, similar technique,” with a picture of him in entrance of the corporate’s new brand.

In an announcement launched on February 5, Technique stated the rebrand was a “pure evolution of the corporate, reflecting its focus and broad attraction.” The stylized “B” within the new brand represents Technique’s Bitcoin technique whereas the orange coloration highlights “power, intelligence, and Bitcoin,” in accordance with the press launch.

Technique’s inventory ticket, MSTB, stays the identical.

The rebrand comes forward of the corporate’s earnings name on Wednesday night, throughout which Saylor is predicted to debate it.

Bitcoin shopping for technique

Since 2020, Technique has employed a Bitcoin shopping for technique; nevertheless, over the previous 12 months, it has ramped up its efforts. In November, Saylor introduced that the corporate was elevating $21 billion from a inventory sale so it might purchase extra Bitcoin.

In line with knowledge from SaylorTracker, the corporate at the moment has 471,107 Bitcoin value $45.8 billion.

Claiming that Bitcoin represents digital capital, Saylor urged Microsoft to undertake Bitcoin, stating that “Bitcoin represents the best digital transformation of the twenty first century.”

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Different firms following in Technique’s Bitcoin shopping for footsteps embrace Metaplanet, which is aiming to extend its Bitcoin holdings to 10,000 in 2025.

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