Microstrategy was officially renamed, as the software company revealed its name and new slogan. Interestingly, the company’s new logo is characterized by the Bitcoin logo, which reaffirms its commitment to its BTC strategy.
Microstrategy is now a “strategy” now
in press releaseBitcoin and Bitcoin Treasury Company announced that it is now working as a “strategy”. He added that the strategy is the first and largest company of the Treasury Department in the world, and it is the largest independent independent company, circulating publicly, and an arrow on the Nasdaq 100 Stock Exchange.
Microstrategy also stated in the press statement that this brand simplification is a natural development of the company, which reflects its focus and extensive gravity. As part of the brand, the company also unveiled its new logo, which includes “B”, which shows it indicating the Bitcoin strategy and its unique location as Bitcoin Treasury.
Meanwhile, the company revealed that the primary color of the brand is now orange, and it represents “energy, intelligence and bitcoin”. This development comes just days after Microstrategy announced plans to raise $ 563 million to buy more BTC.
Speaking of the brand, Michael Sailor, the company’s founder and CEO, said, speaking about the brand,
The strategy is one of the most powerful positive words in the human language. It also represents a simplification of the name of our company to its most important strategic essence. “Perfection is achieved, not when there is nothing else to add it, but when there is nothing left to seize it,” said Antoine de Saint-Exupray. After 35 years, our new trademark is completely able to perfect.
MSTR stocks failed to respond
Microstrategy’s inventory has failed to respond positively to the brand re -news to the “strategy”. NASDAQ data shows that the MSTR share price has decreased by approximately 2 % today and is currently being circulated by about $ 342.
However, the stock price can recover, as the company is scheduled to announce its profits today after the market is closed at 9 pm UTC. The profits of the company that easily expects expectations can lead to a MSTR arrow gathering.
Meanwhile, the price of bitcoin has not changed and failed to respond to the company’s new BTC logo. The pioneering Crypto is currently trading of about $ 9,200, a decrease of about 2 % in the past 24 hours.
Boluwatife Adeyemi
Boluwatife Adeyemi is a writer and editor of the encryption news that covers the topics that exceed Defi, NFTS, smart contracts and the interfering operating capacity in Blockchain, among other things. Boluwatife has a talent to simplify the most technical concepts and make it easy for the novice encoded. Outside of writing, he is a thirsty basketball lover and part -time.
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