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Bitcoin's $45B bull adopts a new 'Strategy' đ¤
MicroStrategy is "Micro" no more amid another busy week for Bitcoin. Here's what you might have missed.
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It certainly hasnât been a slow couple of weeks for Bitcoin and the broader crypto industry since Donald Trump returned to the White House, and sure enough, his tariff threats against Canada and Mexicoâand implemented tariffs against Chinaâhelped fuel price volatility over the past several days.
But the biggest Bitcoin story this week arguably wasnât about Trump, but rather a couple of key moves from the biggest corporate Bitcoin bull around: MicroStrategy.
Well, make that âStrategy.â On Wednesday, Michael Saylorâs firmâwhich holds over $45 billion worth of Bitcoin at the current priceâshortened its name, prompting scads of Crypto Twitter influencers to all make the same joke. Strategyâs new logo also includes the Bitcoin âBâ as some sort of exponent, reflecting the firmâs focus shift.
While it was news earlier this week that the firm didnât buy BTC after 12 straight weeks of sizable purchases, itâs probably safe to assume that Strategyâs plans havenât really changed. Catch up on the MSTR shifts and other big news in our latest This Week in Bitcoin roundup.
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