MicroStrategy rebrands as Strategy with 15% BTC yield target for 2025
Management raised its BTC yield target for 2025 to 15%, up from 6%-10%, aiming for a $10 billion BTC dollar gain. The company plans to focus on fixed income securities issuance in 2025, including convertible notes and preferred stock, while maintaining a long-term leverage target of 20%-30% of Bitcoin holding value.