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Reading: Bitcoin lover Microstrategy will continue its activities with its new name.
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EdaFace Newsfeed > Latest News > Crypto News > Bitcoin lover Microstrategy will continue its activities with its new name.
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Bitcoin lover Microstrategy will continue its activities with its new name.

vitalclick
Last updated: February 6, 2025 6:43 am
4 months ago
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The US -based company Microstrategy announced that it has changed its brand name to Strategy by simplifying it. The company said that it considers this name change as an expression of focusing on long -term goals. After the new naming, there was no significant change in the company’s plans.

Financial performance and difficultiesTax and accounting arrangements

Financial performance and difficulties

In the last quarter of 2024, the company said that it had difficulties in financial indicators. The total income decreased by 3 %compared to the same period last year, decreasing US $ 120.7 million. The gross snow figure was reduced to US $ 86.5 million. The low value of US $ 1,006 billion recorded in digital assets led to an increase in operating expenses.

Net loss reached USD $ 670.8 million, while the company’s cash and cash similar tends to a decrease. These financial data indicate the difficulties faced by the company’s current strategy. Investors and market followers will closely follow the future developments.

Tax and accounting arrangements

Within the scope of new crypto accounting rules, Bitcoin $97,645.2The fair value of the fair value will be reflected in the income statement. Andrew Kang, the company’s CFO, said that this regulation will provide transparency in financial results.



Strategy is one of the most powerful words in human language; It reflects our 35 years of experience.

Michael Saylor, Founder

The change in accounting rules may create an increase in the company’s net income, but may also bring potential tax liabilities. The company plans to meet these obligations in different ways with the decision not to go to Bitcoin sale.

In addition, Strategy and Coinbase demanded convenience from the US Revenue Administration on tax. Expert Dave Zion said that if there is no official convenience, tax liabilities may become compelling.

If there is no convenience from the US Treasury, tax debts can reach serious dimensions.

Dave Zion, Expert

In this process, where brand change and financial performance are observed, the process of adapting to the new accounting rules of the company will be closely monitored. It is observed that the company will continue to be shaped depending on future strategies, regulations and market conditions.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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