Wall Street Breakfast MicroStrategy rebrands, doubles down on Bitcoin
Feb 6, 2025
MicroStrategy has rebranded itself as Strategy, aiming for a significant 15% Bitcoin yield by 2025. Meanwhile, Tesla is facing challenges with sales plummeting in Europe. The podcast also touches on China's WTO complaint against U.S. tariffs. Highlighting market trends, it discusses Intel's partnership to develop quantum computing and Enphase's move to shift battery manufacturing out of China. The conversation wraps up with insights on market performance and future payment systems.
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MicroStrategy Rebrands, Focuses on Bitcoin
- MicroStrategy rebranded to Strategy, adopting a Bitcoin-centric identity with a new logo and orange color.
- The company aims for a 15% Bitcoin yield target for 2025, after a significant impairment loss in 2024.
Tesla's European Sales Falter
- Tesla's European sales dropped significantly in January 2025, particularly in Germany, possibly due to a tough comparison with the previous year's Model 3 launch.
- Elon Musk's political stances might also be impacting sales, with further reports expected to clarify the situation.
China's WTO Complaint Against US Tariffs
- China filed a WTO complaint against Trump's tariffs and cancellation of the de minimis exemption, calling them discriminatory and protectionist.
- Dispute settlement is hampered by blocked judge appointments since 2019 under Trump, a block maintained by the Biden administration.