MicroStrategy, the Bitcoin whale which rebranded to Strategy just yesterday, ended 2024 with its Bitcoin reserves worth $23.9 billion, according to the company's latest financial report that was released yesterday. Despite reporting a $670 million net loss for Q4, the company, led by CEO Phong Le, shared that they've acquired 447,470 bitcoins to date.
Microstrategy, also known as Strategy, recorded its largest quarterly bitcoin acquisition in Q4 2024, adding 218,887 BTC for $20.5 billion as it expanded its accumulation strategy. The Biggest Bitcoin Buy in Microstrategy's History—And They're Not Stopping Microstrategy Inc. (Nasdaq: MSTR), also known as Strategy, reported its fourth-quarter earnings for 2024 on Feb.
Bitcoin (BTC) continues to fluctuate within a consolidation range between $94,000 and $100,000, many traders and investors are keeping a close eye on the market, trying to determine whether the cryptocurrency has reached its lowest point. Despite the ongoing price swings and heightened volatility across the crypto market, key indicators suggest that Bitcoin may still be some distance away from hitting its bottom.
New Mexico is the latest US State to explore a strategic Bitcoin reserve move. Officially, the State's legislature has welcomed Senate Bill 57 (SB57), which will see New Mexico invest 5% of public funds in Bitcoin.
Bitcoin has experienced massive price swings since the weekend, dropping to $91K before staging a strong recovery above $100K. However, BTC now sits around $98K, struggling to maintain momentum amid ongoing trade war fears that have shaken global markets.
Altcoins just suffered their worst sell-off in years, with over $460 billion erased in days. Will liquidity rotate back, or is the dream of another altseason fading for good?
CNBC's Tanaya Macheel joins 'Fast Money' to talk Strategy, formerly Microstrategy, quarterly results.
Michael Saylor just announced that MicroStrategy has rebranded to Strategy. As part of the rebrand, it incorporated the Bitcoin symbol into its official logo.
Asset management titan BlackRock is reportedly going to list a new spot market Bitcoin (BTC) exchange-traded product (ETP) in Europe, its first digital asset-related venture into the continent.
Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX, and several other ventures, continues to make waves in global markets. With a net worth surpassing $414.6 billion, Musk's diverse range of investments spans across industries such as electric vehicles (EVs), space exploration, artificial intelligence (AI), and blockchain technology.
On-chain data reveal a significant decline in Bitcoin (BTC) network activity, reaching a new one-year low. Daily transactions have dropped from an all-time high of 734,000 in September 2024 to 346,000, representing a 53% drop.
Strategy, the largest corporate holder of bitcoin, said it's almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally.
Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.
MicroStrategy announced on Feb. 5 that it will rebrand to Strategy, reflecting its focus on becoming a Bitcoin (BTC) Treasury Company and a publicly traded business intelligence firm. The Nasdaq 100 constituent company also introduced a new logo featuring a stylized “B,” which signifies its Bitcoin strategy and position within the crypto market.
Bitcoin (BTC) recently dipped below the $100,000 mark, but this drop isn't just a result of typical market fluctuation. With rising global tensions and uncertainties surrounding trade negotiations between the United States and China, Bitcoin's price movement is reflecting broader economic concerns.
The company fka MicroStrategy recorded total revenues of $120.7 million, down 3% from last year and missed estimates by about $3 million.
Bitcoin price could drop under $94,000 again as crypto market sentiment turns negative for the first time since November 2024.
The company earlier on Wednesday changed its name to Strategy as its primary focus for some time has been bitcoin, not software.
GSR Head of Research Brian Rudick joins CoinDesk to discuss recent movements across the crypto market and the possibility for the U.S. to implement Senator Lummis's plan to buy 5% of the bitcoin supply, which could drive the asset's price to $500,000. This content should not be construed or relied upon as investment advice.
Bitdeer plans to invest $90M in the power plant and $30M in the mining facility, reducing energy costs and optimizing sustainability.
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Gold and Bitcoin have previously moved together as "safe haven" assets. But that isn't the case with President Donald Trump back in action.
The company's core business operations remain unchanged following the cosmetic rebrand to reflect the firm's pro-Bitcoin ethos.
The company's core business operations remain unchanged following the cosmetic rebrand to reflect the firm's pro-Bitcoin ethos.
Solana co-founder Anatoly Yakovenko has opined that Bitcoin, the largest cryptocurrency, is heading toward a "hybrid" proof-of-stake (PoS) model.
Strategy's rebranding highlights the growing corporate trend of integrating cryptocurrency and AI, potentially reshaping financial strategies. The post Strategy₿ becomes Bitcoin's first treasury company appeared first on Crypto Briefing.
Bitcoin's computational prowess currently hums at 825.85 exahash per second (EH/s), a gentle dip from its zenith of 844 EH/s recorded on Feb. 4, 2025. The network's transaction queue, known as the mempool, continues to reflect minimal activity, while newly minted blocks materialize slightly quicker than the protocol's 10-minute target.
Here is how MicroStrategy's rebranding highlights its official commitment to Bitcoin and AI, but how will that impact the Bitcoin price, will we have a new BTC ATH?
Michael Sonnenfeldt, Tiger21 founder, joins 'Power Lunch' to discuss where the ultra-rich are investing their money.
The move follows the immensley successful launch of IBIT in the US last year.
BlackRock is going to list a Bitcoin ETP in Europe and likely launch the product in Switzerland. The firm recently launched a BTC ETF in Canada, but this marks its first offering like this outside North America.
Microstrategy has unveiled a rebranding effort, adopting the name Strategy to emphasize its commitment to bitcoin and artificial intelligence (AI). Microstrategy Renames Itself Strategy The Tysons Corner, Virginia-headquartered firm, recognized for its business analytics tools and substantial bitcoin reserves, introduced its updated identity, logo, and branding Tuesday.
Michael Saylor's MicroStrategy (MSTR) rebranded to Strategy, with visuals pointing to a Bitcoin-centric company.
MicroStrategy Inc. (NASDAQ:MSTR) has officially rebranded as Strategy, reflecting its sharpened focus on Bitcoin (CRYPTO: BTC) and artificial intelligence. The company's new logo features a stylized "B", symbolizing its position as the largest Bitcoin Treasury Company.
Bitcoin price consolidated within the narrow 5% range between $95,000 and $100,000 on Wed Feb 5, as markets struggled under bearish headwinds from the US-China trade war. Will Blackrock expansion of Bitcoin ETFs to Europe could sway momentum?
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Crypto analyst Michaёl van de Poppe urges investors to hold their crypto assets, emphasizing that Bitcoin (CRYPTO: BTC) is fairly valued while altcoins remain heavily undervalued. What Happened: Van de Poppe highlighted on Wednesday on X that the crypto market is currently experiencing one of the most extreme bearish sentiments in its history, following a prolonged period of capitulation.
MicroStrategy has rebranded as it looks to strengthen its position as the world's largest Bitcoin treasury company. The business and artificial intelligence firm announced its name change to Strategy, emphasizing a sharper focus on its core mission.
BlackRock is preparing to introduce an exchange-traded product (ETP) linked to Bitcoin (BTC) in Europe, Bloomberg News reported on Feb. 5. According to sources familiar with the matter, the fund is expected to be domiciled in Switzerland, and BlackRock could begin marketing the product as early as this month.
, the software company turned "bitcoin development" firm unveiled a new name and logo ahead of its fourth-quarter earnings report.
According to Standard Chartered's Geoffrey Kendrick, Bitcoin is on track to hit $500,000 by the end of 2028.
Nasdaq-listed MicroStrategy has rebranded to Strategy, ahead of its earnings announcement. Through this move, the leading Bitcoin Treasury Company aims to reflect its focus on Bitcoin and have a broader appeal.
U.S. President Donald Trump signed an executive order Monday directing the Treasury and Commerce Departments to create a sovereign wealth fund — and industry proponents are already suggesting that the action could lead to the government buying the world's largest and oldest cryptocurrency.
Blockstream opens a Tokyo office to accelerate Bitcoin adoption in Japan, collaborating with Diamond Hands and Fulgur Ventures. The initiative aims to expand Bitcoin layer-2 solutions, self-custody, and real-world asset tokenization for businesses and institutions in the country's evolving crypto market. The post Blockstream Opens Tokyo Office to Drive Bitcoin Growth in Asia appeared first on Cryptonews.
The world's largest corporate Bitcoin (BTC) holding firm, MicroStrategy, has been renamed to Strategy, as revealed by its founder and chairman, Michael Saylor, on X (formerly Twitter).
MicroStrategy , the biggest corporate holder of bitcoin , said on Wednesday it would now operate as "Strategy" and unveiled a new logo to emphasize its commitment to the cryptocurrency space.
Bitcoin shrugs off a number of positive comments from the U.S. government Wednesday, including U.S. President Donald Trump's crypto czar David Sacks saying “a golden age in digital assets" will be created, SEC Commissioner Hester Peirce outlining 10 priorities for a newly created SEC Crypto Task Force, and CFTC acting chair Caroline Pham assuring that the era of “regulation by enforcement” is over. CoinDesk's Christine Lee anchors “CoinDesk Daily.