Latest news with #TysonsCorner
Globe and Mail
28-05-2025
- Business
- Globe and Mail
As Bitcoin Tops $110,000, Is It Time to Buy MicroStrategy Stock?
MicroStrategy (MSTR) is still one of the best-discussed cryptocurrency proxies on the Street. After Bitcoin's (BTCUSD) price rocketed to a new record high near $110,000, scrutiny is again returning to Michael Saylor's tech firm. MSTR stock has fallen over 12% in the past five trading days, leaving investors scratching their heads. Although BTC prices have pullen back toward the $107,600 level, they are down a much more muted 0.4% over the past five days. With MicroStrategy still the single biggest corporate holder of Bitcoin, investors are sure to question if this is a dip worth buying, considering that institutional inflows into spot Bitcoin exchange-traded funds are still hitting record levels. About MicroStrategy MicroStrategy (MSTR), based in Tysons Corner, Virginia, is a corporate intelligence and business analytics firm that has been inextricably linked with corporate exposure to Bitcoin under the leadership of Executive Chairman Michael Saylor. It has a larger amount of Bitcoin than any other publicly traded company. MSTR has a market capitalization of about $101.7 billion. In the past 52 weeks, MicroStrategy shares have ranged widely between $102.40 and $543, a reflection of its sensitivity to Bitcoin. Shares are up 26% in the year to date and are up nearly 60% from their 2025 low. MSTR has a staggering 218x multiple on sales and no forward multiple on earnings because of repeated net losses. The extraordinary multiple reflects its unusual status as a proxy to Bitcoin instead of fundamentals based on software revenue. Its profitability metrics are also extremely negative, with a -251.7% profit margin and -37.6% return on equity, highlighting that it is a bet on digital asset appreciation. The firm does not issue a dividend and is not expected to do so. Its capital strategy instead focuses on acquiring Bitcoin through debt and the issue of shares. MicroStrategy Reports Massive Q1 Net Loss In its latest earnings report, MicroStrategy published Q1 2025 revenues of $111.1 million and a net loss of $4.2 billion. The massive loss was largely attributed to a non-cash digital asset impairment charge related to Bitcoin accounting rules, not operational underperformance. Though revenue from its core analytic software is relatively flat, MicroStrategy's value proposition is nearly entirely based on Bitcoin's path. The company did not offer forward-looking EPS guidance but reaffirmed its policy of continuing to buy BTC using excess cash and financing tools. One of the highlights was the news of a further $1 billion convertible note offering in Q1, a large portion of which has been invested in new Bitcoin purchases. This reinforces MicroStrategy's status as a leveraged bet on cryptocurrency upside. What Do Analysts Expect for MicroStrategy Stock? MSTR has limited analyst coverage considering its unconventional valuation metrics and speculative nature. MicroStrategy has a 'Strong Buy' consensus rating based on Barchart's internal data. The company is currently covered by 13 analysts, most of whom remain optimistic about its long-term upside tied to Bitcoin's institutional adoption. The mean target analyst value is $534, which represents a potential gain of just under 44% from its current price. That upside reflects both a positive outlook on Bitcoin and the potential further rerating of MSTR.
Yahoo
20-05-2025
- Business
- Yahoo
Cvent Announces Top Meeting Destinations and Top Meeting Hotels Worldwide for 2025
The annual rankings highlight hotels that have gone above and beyond in securing group business, and the destinations that are driving economic growth through a strategic focus on meetings and events TYSONS CORNER, Va. & FRANKFURT, Germany, May 20, 2025--(BUSINESS WIRE)--Cvent, an industry-leading meetings, events, and hospitality technology provider, today unveiled its 2025 rankings of Top Meeting Destinations and Top Meeting Hotels globally. Cvent's rankings have become indispensable for event planners, highlighting top-of-the-line cities, hotels, and venues for all their event needs. The annual lists are issued regionally for North America, Europe, Asia Pacific, the Middle East & Africa, and for the first time this year, Latin America & Caribbean. Cvent also unveiled a new Top Lists category, the Top Venues and Vendors, which analyzes data from the Cvent Vendor Marketplace. The destination and hotel rankings are determined based on insights gleaned from the more than $18B of global sourcing and request-for-proposal (RFP) activity through Cvent's sourcing platforms in 2024, including a record-breaking $16.5B through the Cvent Supplier Network, one of the world's largest group hotel and venue sourcing marketplaces. The unparalleled volume of business sourced in 2024 underscores the high demand for quality, in-person touchpoints. Despite a dip in planner optimism due to macroeconomic uncertainty and rising costs, nearly 70% of planners are actively booking or sourcing new events and 63% see events as more valuable than they were pre-pandemic (Northstar/Cvent Meetings Industry PULSE Survey, March 2025). This trend is further supported by Cvent's 2025 Planner Sourcing Report, which found that nearly 90% of planners expect the number of in-person meetings to increase in 2025. Cvent Top Meeting Destinations | North America Orlando, FL once again claimed the top spot, followed by Las Vegas, NV (#2), and Chicago (#3), which rose three spots from last year. Atlanta, GA also moved upwards, rising two spots to #6 on this year's list. Washington D.C. was the blowout addition to the Top 10 this year, moving up ten places to claim the #8 spot. Top 10 Meeting Destinations 1. Orlando, FL 2. Las Vegas, NV 3. Chicago, IL 4. Nashville, TN 5. Atlanta, GA 6. Dallas, TX 7. San Diego, CA 8. Washington, D.C. 9. Phoenix, AZ 10. Denver, CO "Since 2015, Orlando has earned Cvent's top recognition, showing our dedication to the meetings and conventions industry. We are a community focused on providing exceptional service and strategic alignment with our customers' strategic goals," said Casandra Matej, president & CEO, Visit Orlando. "With the upcoming expansion of the Orange County Convention Center and the regular additions of new and upgraded hotels and resorts, Orlando's commitment to innovation will continue to strengthen our leadership as a meetings destination. Having a partner like Cvent that offers efficiency-driving technologies designed for both the buyer and supplier helps us keep Orlando at the top of planners' minds when they are sourcing locations for their meetings and events." "Cvent's recognition of Atlanta as a top five meeting destination in North America underscores our commitment to truly exceptional experiences," said Charlene Lopez, executive vice president and chief sales officer, Atlanta Convention & Visitors Bureau. "Our collaboration with Cvent allows us to extend the reach and impact of events, showcasing our strong sense of community, world-class venues, vibrant dining scene, extensive hotel portfolio and must-see attractions." "We're honored that Phoenix has been named one of Cvent's Top Meeting Destinations in North America," said Ron Price, president & CEO of Visit Phoenix. "Group business is vital to our local community—supporting jobs, small businesses, and our city's overall economic health. Meeting planners consistently choose Phoenix for its unmatched blend of natural beauty and urban energy. The Sonoran Desert isn't just a backdrop—it's an essential part of the Phoenix experience, offering a stunning contrast to our modern downtown, world-class resorts, and dynamic culinary and cultural scene. Cvent's technology has played a key role in helping us share that story with planners, engage new audiences, and drive meaningful group business that continues to elevate Phoenix as a premier destination for meetings and events." Cvent Top Meeting Hotels | North America Each of the Top 10 hotels has a proven track record of swift RFP responses, prioritizing planner collaboration and offering curated group experiences. Notably, the top four hotels are all located in Nashville, TN, with the Renaissance Nashville Hotel being named #1. JW Marriott Nashville took second place, and the Grand Hyatt Nashville hotel rounded out the Top 3. With easy accessibility and diverse accommodations, Nashville is an especially attractive location for hosting unique meetings and events and area hotels have found success in capitalizing on this demand. Cvent will host its industry and user conference, Cvent CONNECT, in Nashville for the first time in 2026. Austin, TX, was also prominently featured on the list, with JW Marriott Austin (#5) and Fairmont Austin (#6) placing in the Top 10. The Venetian Resort Las Vegas moved up seven spots to #7, and JW Marriott Orlando, Grande Lakes rose forty-six spots to complete the Top 10. Top 10 Meeting Hotels 1. Renaissance Nashville Hotel 2. JW Marriott Nashville 3. Grand Hyatt Nashville 4. Omni Nashville Hotel 5. JW Marriott Austin 6. Fairmont Austin 7. The Venetian Resort Las Vegas 8. Fairmont Scottsdale Princess 9. The Westin Kierland Resort & Spa 10. JW Marriott Orlando, Grande Lakes "The Renaissance Nashville Hotel is honored to be named the #1 Top Meeting Hotel in North America by Cvent," said Maria Himebaugh, general manager. "This accolade is a testament to our commitment to excellence and to creating extraordinary experiences for our guests and meeting planners. Thank you to our dedicated team and valued clients for making this achievement possible. Our reimagined meeting space is carefully designed to foster networking and collaboration and leave guests inspired. Located steps from the new Nashville Yards development and with a direct connection to the exciting Fifth + Broadway complex, our prime location is truly in the heart of Music City." "We're incredibly proud to once again be recognized as one of the top meeting hotels in North America," said Tod Roadarmel, area director of sales & marketing at the Omni Nashville Hotel. "As a premier convention hotel, we're committed to delivering an exceptional experience for all meetings and event attendees—infused with the warm, genuine Southern hospitality that defines us here in Music City. The Cvent platform continues to be an invaluable tool in our industry and remains our #1 resource for connecting seamlessly and responding promptly to RFPs from past, present, and future clients." "Being recognized as one of the Top 10 Meeting Hotels in North America, and number one in Las Vegas, is a testament to the pride and dedication our team brings to every event," said Tony Yousfi, chief sales officer for The Venetian Resort Las Vegas. "Meetings are about building relationships, and it's our team that makes the difference. Cvent plays a role in that, enhancing visibility and efficiency. This recognition comes at a pivotal time as we near the completion of a $1.5 billion reinvestment in the resort, including a $188 million transformation of our convention center, emphasizing our commitment to delivering not only exceptional service but also innovative and inspiring spaces. Our goal has always been to lead the industry and this honor affirms that we are continuing to set the standard for meetings in Las Vegas around the world." View the full list of Top Meeting Destinations and Top Meeting Hotels worldwide here. Methodology For Cvent Top Meeting Destinations, Cvent evaluated 14,000+ cities worldwide listed on the Cvent Supplier Network. Activity was tracked between January 2024 and December 2024. Rankings were determined by a set of qualifying criteria, including: the number of total room nights booked through the Cvent Supplier Network; the number of unique electronic request-for-proposals (RFPs) sent through the marketplace to venues within the city; the total value of the RFPs submitted; and the actual awarded value for meetings booked. For Cvent Top Meeting Hotels, Cvent evaluated hotel properties that generated business through the Cvent Supplier Network between January 2024 and December 2024. The properties were ranked according to various criteria, including total requests for proposals (RFPs), awarded RFPs, total room nights, awarded room nights, major metropolitan area market share, conversion rate, and response rate. The criteria are designed to accurately reflect the top meeting hotels in North America, Europe, the Middle East and Africa, Latin America and Asia Pacific regions. About the Cvent Supplier Network The Cvent Supplier Network features more than 340,000 hotels, resorts and special event venues, serving as one of the world's largest and most accurate databases of detailed venue information. Event planners sourced more than $18 billion of group business through Cvent's sourcing networks in 2024 alone. The Cvent Supplier Network is part of Cvent's suite of solutions that tens of thousands of hotels, CVBs and destination management organizations rely on to reach more planners, attract group business to their properties & destinations, and directly engage with Cvent's global network of more than 145,000 event professionals. Cvent technology enables hotels and venues to efficiently manage their group and corporate travel business, increase revenue, and deliver more profitable results. About Cvent Cvent is a leading meetings, events, and hospitality technology provider with 5,000+ employees and 24,000+ customers worldwide as of December 31, 2024. Founded in 1999, the company delivers a comprehensive event marketing and management platform and offers a global marketplace where event professionals collaborate with venues to create engaging, impactful experiences. Hotels and venues use Cvent's supplier and venue solutions to win more group and corporate travel business through Cvent's sourcing platforms. Cvent solutions optimize the event management value chain and have enabled clients around the world to manage millions of meetings and events. For more information, please visit View source version on Contacts Media Contacts: Cvent Sloane PR, on behalf of CventEmail: cvent@ Erica StoltenbergEmail: estoltenberg@
Associated Press
06-05-2025
- Business
- Associated Press
Cellebrite Unveils Spring 2025 Release to Accelerate Global Investigations
TYSONS CORNER, Va. and PETAH TIKVA, Israel, May 06, 2025 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced its Spring 2025 Release , featuring a new cloud foundation and AI-powered innovations across its portfolio. These enhancements are already playing an important role in helping customers modernize their digital workflows, speed up their investigations and elevate operational productivity and efficiency. The Spring 2025 Release introduces the Cellebrite Cloud, which delivers a purpose-built user experience that scales investigative capabilities and accelerates decision-making across public safety, intelligence and enterprise sectors. As digital evidence continues to grow in volume and complexity, investigators now spend an average of 69 hours per case reviewing data. Cellebrite's technology reduces that burden by delivering AI-powered productivity and efficiency across a secure, unified cloud infrastructure powered by Amazon Web Services (AWS) (NASDAQ: AMZN)—while always keeping human expertise and engagement at the center. With more customers adopting a broader range of the Company's integrated portfolio, Cellebrite is evolving its Case-to-Closure (C2C) Platform into the next-generation Digital Investigation Platform. 'Helping our customers navigate the growing complexity of digital evidence is at the core of what we do,' said Ronnen Armon, Cellebrite's chief product and technologies officer. 'More teams are rethinking how they approach digital evidence, and we're introducing innovations to support that shift. Cellebrite Cloud enables a more efficient and secure approach to digital investigations, meeting teams where they are today and partnering for the future – whether it's on premises, the cloud or a hybrid workflow.' The Spring 2025 Release includes the following innovations, all of which are supported by expert consultative services to enable faster time to value: Cellebrite Cloud, a new foundational layer across Cellebrite's SaaS portfolio, brings consistent and purpose-built experiences, AI-powered productivity, advanced security and compliance and a framework for integrations. Inseyets, Cellebrite's flagship digital forensics software, introduces advanced media analysis capabilities—leveraging AI-powered forensic insights and pattern recognition to accelerate evidence review and understanding. Guardian, Cellebrite's evidence management solution, now includes timeline review and AI-powered search built on Cellebrite Cloud to surface hidden connections, streamline case organization and accelerate investigative workflows. Guardian continues to gain strong traction across agencies. Smart Search, the Company's single-click, SaaS-based intelligence offering for investigators, built on the Cellebrite Cloud, adds a new dashboard that highlights data connections and notable insights from publicly available sources, helping investigators gather online intelligence on people and organizations of interest more efficiently at the early stages of a case. Pathfinder, the AI-driven investigative analytics solution trusted by leading law enforcement agencies, introduces automated transcription and translation workflows, simplifying the review of audio and video artifacts. Endpoint Inspector, Cellebrite's remote collection solution for enterprises, now offers Cellebrite Cloud-based mobile decoding that transforms mobile data into a review-ready format—eliminating the need for additional processing and integrating seamlessly with review platforms. Cellebrite's technology is used in more than 1.5M investigations globally each year, equipping more than 7,000 customers worldwide to resolve legally sanctioned investigations of child exploitation, homicide, anti-terror, border control, sex crimes, drugs and other organized crime, human trafficking, fraud, intellectual property theft, financial crimes, internal investigations, eDiscovery cases and more, while ensuring compliance with agency protocols and various regulatory requirements. References to Websites and Social Media Platforms References to information included on, or accessible through, websites and social media platforms do not constitute incorporation by reference of the information contained at or available through such websites or social media platforms, and you should not consider such information to be part of this press release. About Cellebrite Cellebrite's (Nasdaq: CLBT) mission is to enable its global customers to protect and save lives by enhancing digital investigations and intelligence gathering to accelerate justice in communities around the world. Cellebrite's AI-powered Digital Investigation Platform enables customers to lawfully access, collect, analyze and share digital evidence in legally sanctioned investigations while preserving data privacy. Thousands of public safety organizations, intelligence agencies, and businesses rely on Cellebrite's digital forensic and investigative solutions—available via cloud, on-premises, and hybrid deployments—to close cases faster and safeguard communities. To learn more, visit us at , and find us on social media @Cellebrite. Caution Regarding Forward Looking Statements This document includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Forward looking statements may be identified by the use of words such as 'forecast,' 'intend,' 'seek,' 'target,' 'anticipate,' 'will,' 'appear,' 'approximate,' 'foresee,' 'might,' 'possible,' 'potential,' 'believe,' 'could,' 'predict,' 'should,' 'could,' 'continue,' 'expect,' 'estimate,' 'may,' 'plan,' 'outlook,' 'future' and 'project' and other similar expressions that predict, project or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include, but are not limited to, the following: Such forward-looking statements including the potential impact of the Spring release on the Company's 2025 revenue, annual recurring revenue (ARR), adjusted EBITDA, operating profitability and earnings are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to: Cellebrite's ability to keep pace with technological advances and evolving industry standards; Cellebrite's material dependence on the purchase, acceptance and use of its solutions by law enforcement and government agencies; real or perceived errors, failures, defects or bugs in Cellebrite's DI solutions; Cellebrite's failure to maintain the productivity of sales and marketing personnel, including relating to hiring, integrating and retaining personnel; intense competition in all of Cellebrite's markets; the inadvertent or deliberate misuse of Cellebrite's solutions; failure to manage its growth effectively; Cellebrite's ability to introduce new solutions and add-ons; its dependency on its customers renewing their subscriptions; the low volume of business Cellebrite conducts via e-commerce; risks associated with the use of artificial intelligence; the risk of requiring additional capital to support the growth of its business; risks associated with higher costs or unavailability of materials used to create its hardware product components; fluctuations in foreign currency exchange rates; lengthy sales cycle for some of Cellebrite's solutions; near term declines in new or renewed agreements; risks associated with inability to retain qualified personnel and senior management; the security of Cellebrite's operations and the integrity of its software solutions; risks associated with the negative publicity related to Cellebrite's business and use of its products; risks related to Cellebrite's intellectual property; the regulatory constraints to which Cellebrite is subject; risks associated with Cellebrite's operations in Israel, including the ongoing Israel-Hamas war and the risk of a greater regional conflict; risks associated with different corporate governance requirements applicable to Israeli companies and risks associated with being a foreign private issuer and an emerging growth company; market volatility in the price of Cellebrite's shares; changing tax laws and regulations; risks associated with joint, ventures, partnerships and strategic initiatives; risks associated with Cellebrite's significant international operations; risks associated with Cellebrite's failure to comply with anti-corruption, trade compliance, anti-money-laundering and economic sanctions laws and regulations; risks relating to the adequacy of Cellebrite's existing systems, processes, policies, procedures, internal controls and personnel for Cellebrite's current and future operations and reporting needs; and other factors, risks and uncertainties set forth in the section titled 'Risk Factors' in Cellebrite's annual report on Form 20-F filed with the SEC on April 27, 2023 and in other documents filed by Cellebrite with the U.S. Securities and Exchange Commission ('SEC'), which are available free of charge at You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, in this communication or elsewhere. Cellebrite undertakes no obligation to update its forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. Media Jackie Labrecque Sr. Manager of Content Strategy and Operations [email protected] +1 771.241.7010 Investor Relations Andrew Kramer Vice President, Investor Relations [email protected] +1 973.206.7760
CNA
01-05-2025
- Business
- CNA
Saylor's Strategy reports fifth consecutive quarterly loss, announces $21 billion equity offering
Strategy, the biggest corporate holder of bitcoin, reported a fifth consecutive quarterly loss on Thursday due to an unrealized loss on its cryptocurrency holdings. Bitcoin surged to record highs following Donald Trump's November 2024 presidential election victory, propelling the shares of Strategy to an all-time high, which contributed to earning it a spot in the Nasdaq 100 index in December. However, a wave of sweeping tariffs announced by Trump has since unsettled global markets, dampening risk appetite and potentially triggering investors to pull away from the crypto markets. Michael Saylor's Strategy, formerly MicroStrategy, reported a quarterly loss of $5.91 billion from its digital assets due to a quarter-end bitcoin price of $82,445. Strategy moved to a new accounting rule in the first quarter, which allows the company to fairly value its unrealized gains or losses on its crypto holdings. "One fundamental difference now under fair value accounting is that our holdings are marked on the last day of every quarter, not throughout the quarter as before," said financial chief Andrew Kang on a post-earnings call. The company also announced a new $21 billion at-the-market common stock equity offering and intends to use proceeds for further acquisition of bitcoin. The Tysons Corner, Virginia-based company held 553,555 bitcoins for $37.90 billion as of April 28, 2025. Strategy's net loss was $4.22 billion, or $16.49 per share, in the three months ended March 31, compared to a loss of $53.1 million, or $0.31 per share, a year earlier. In March 2025, GameStop announced its board's unanimous decision to add bitcoin as a treasury reserve asset, aligning with the Strategy's approach. This move highlights how companies are exploring alternative assets such as bitcoin to bolster their financial positions, especially when traditional revenue streams face headwinds. Strategy shares are up about 32 per cent so far this year, compared with a near 6 per cent fall in the Nasdaq 100 index.
Japan Times
10-02-2025
- Business
- Japan Times
Bitcoin hoarder's stock soars 4,000% in Japan on crypto rally
The ripple effects of U.S. President Donald Trump's pro-crypto agenda are fueling a surge in Bitcoin demand in Japan, where one hotelier's pivot to stockpiling the cryptocurrency is delivering eye-watering returns for shareholders. Shares of Metaplanet are up more than 4,000% over the past 12 months, the largest gain among all Japanese equities in that period and one of the highest globally, according to data compiled by Bloomberg. Bitcoin, itself, hit a record high of $109,241 on Jan. 20 as Trump was sworn in for his second term, although it's since erased some of those gains as his trade policies fanned global instability. Metaplanet is one of a number of outfits around the world that aim to emulate the success of Michael Saylor's Strategy, formerly known as MicroStrategy. The Tysons Corner, Virginia-based company has morphed into a leveraged Bitcoin proxy and behemoth after accumulating more than $45 billion of the token.
