Feb 5 (Reuters) - MicroStrategy ( MSTR ), 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.
The rebrand was "a natural evolution" as it seeks to
integrate bitcoin - the world's biggest and best-known
cryptocurrency - into the heart of its business operations, the
company said.
MicroStrategy ( MSTR ), founded by Michael Saylor, has emerged as one
of the biggest beneficiaries of the soaring popularity of
bitcoin. Its shares jumped nearly five-fold last year, helping
it secure a spot in the Nasdaq 100 index in December.
The company continues to be an aggressive investor in
bitcoin. In the statement announcing its rebrand, MicroStrategy ( MSTR )
defined itself as the world's "first and largest Bitcoin
Treasury Company".
Its new logo includes a stylized "B" that signifies its
bitcoin strategy, it said.
The company is scheduled to report its quarterly earnings
later on Wednesday.