Microstrategy categories are restored as a strategy, which tends further in Bitcoin’s commitment

Microstrategy (MstrDeclared A great brand on Wednesday This confirmed its commitment to the encrypted currency strategy.

The company said it will now do business under the name and change its logo to the Bitcoin Code. In its announcement, the strategy said it was “the first and largest company of the Treasury Department in the world.”

The shares of the company fell about 2 % on Wednesday and did not change much after the midday announcement. A year away, the arrow increased by 17 % against the 1 % most modest bitcoin profit.

The company said in a regulatory file on Monday that it has more than 470,000 Bitcoin has been purchased over the years for $ 30 billion. I started buying bitcoin in 2020.

The company recently Favorite stocks were sold to a discount to finance bitcoin investments And say it Plan to raise $ 42 billion Over the next three years as part of the strategy.

It was once a small software company, and it is now the world’s largest holding company in the world, and it has witnessed its spending on the encrypted currency that the stock is easily outperforming Bitcoin over the past five years.

The strategy shares have risen following the election of the US -friendly President of encryption Donald Trump as part of the so -called Trump trade, however Modern Bitcoin purchases received a more cold reception Because the uncertainty surrounding Trump’s economic policies puts encryption stocks under pressure.

A new tariff was announced on China, Canada and Mexico on Monday, for example, I sent encryption stocks Along with the broader market.

The company is scheduled to report the fourth quarter profits after the bell on Wednesday.

Bloomberg analysts expect that the company will report one share profits of $ 0.02 and revenues of $ 124 million. Eleven of the Yahoo Finance analysts have a purchase on the arrow. The shares of Microstrategy decreased sharply after the results of its profits in the third quarter in October, which missed the expectations of analysts, just as the company revealed the capital of $ 42 billion.

Laura Praton is a reporter for Yahoo’s funding. Follow it on Bluesky @laurabratton.bsky.social. Email it on laura.bratton@yahoink.com.

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