Attention, everyone! MicroStrategy, the business intelligence firm and Bitcoin (BTC) treasury company, has decided to rebrand itself as “Strategy.” And guess what? They’re also adopting a Bitcoin-themed visual marketing scheme. ๐ค๐ธ
According to their Feb. 5 announcement, the newly rebranded company will continue focusing on providing business intelligence software and pursuing its Bitcoin corporate treasury strategy. They’ve even got an earnings call scheduled for Feb. 5, where they’ll spill the tea about the rebrand to their investors. ๐ต
Michael Saylor, the co-founder of MicroStrategy and a BTC evangelist, popularized the Bitcoin corporate treasury strategy, which continues to attract newfound adopters in the tech industry. Say it with me now: “Bitcoin, Bitcoin, Bitcoin!” ๐ค
Other companies follow MicroStrategy’s lead
Data from SaylorTracker shows that MicroStrategy currently has 471,107 BTC in reserve, valued at over $45.6 billion โ making the company the largest corporate holder of BTC in the world. ๐
Following the company’s implementation of a Bitcoin treasury strategy and a corresponding increase in share price, other publicly traded companies took a page from MicroStrategy’s playbook and diversified their treasury reserves with BTC. ๐
Metaplanet โ a Japanese investment firm focused on Web3 initiatives โ announced the adoption of a Bitcoin treasury reserve strategy in April 2024. In January, Metaplanet CEO Simon Gerovich said the companyโs goal is to increase its treasury holdings to 10,000 BTC in 2025. ๐
Semler Scientific also established a corporate BTC reserve in May 2024. The companyโs shares increased by 30% after the announcement. ๐
Speaking at the Bitcoin 2024 conference in Nashville, Tenessee, executives from Semler Scientific and Metaplanet said their firms were zombie companies before adopting Bitcoin. A zombie company is a firm that manages to stay operational and solvent but has no excess capital for growth โ a common problem that many firms listed in the S&P 500 index have, according to Michael Saylor. ๐งโโ๏ธ
Rumble, a video streaming platform dedicated to free speech, announced a plan to allocate $20 million to Bitcoin as a hedge against inflation. The video-streaming platform purchased its first Bitcoin in January 2025, directly ahead of the inauguration of President Trump in the United States. ๐บ๐ธ
So, there you have it! MicroStrategy is now “Strategy,” and they’re all about that Bitcoin life. ๐๐ฒ
Read More
- Gold Rate Forecast
- PI PREDICTION. PI cryptocurrency
- Rick and Morty Season 8: Release Date SHOCK!
- Discover the New Psion Subclasses in D&Dโs Latest Unearthed Arcana!
- Masters Toronto 2025: Everything You Need to Know
- We Loved Both of These Classic Sci-Fi Films (But Theyโre Pretty Much the Same Movie)
- Mission: Impossible 8 Reveals Shocking Truth But Leaves Fans with Unanswered Questions!
- SteelSeries reveals new Arctis Nova 3 Wireless headset series for Xbox, PlayStation, Nintendo Switch, and PC
- Eddie Murphy Reveals the Role That Defines His Hollywood Career
- LPT PREDICTION. LPT cryptocurrency
2025-02-05 23:40