Micro Strategy Plan to raise $42 billion over the next three years to purchase more Bitcoin
MicroStrategy, the publicly traded company with the largest holdings of Bitcoin worldwide, announced its third quarter financial report on Wednesday, highlighting a 5.1% increase in its BTC yield and a new plan to raise $42 billion in capital.
Micro Strategy has announced its "21/21 Plan" with the goal of raising $42 billion over the next three years, of which $21 billion will be raised through equity and the remaining $21 billion will be raised through fixed income securities. The plan aims to support further purchases of Bitcoin as part of its financial reserve strategy.
Financial report status
As of September 30th, Micro Strategy holds approximately 252220 bitcoins with a market value of approximately $16 billion. The company reported a BTC yield of 17.8% year to date, which is a metric used by the company to evaluate the performance of its Bitcoin strategy.
In the third quarter, Micro Strategy raised $2.1 billion through equity and debt financing, increased Bitcoin holdings by 11%, and reduced annual interest expenses by $24 million. The company's total revenue for this quarter was $116 million, lower than market estimates by approximately $8 million, a decrease of 10.3% compared to the same period last year, mainly due to a decline in product licensing and support revenue.
The operating expenses for the third quarter reached $514.3 million, mainly due to a $412 million impairment loss on digital assets, resulting in an operating loss of $432.6 million. The quarterly net loss was $340.2 million, or a diluted loss of $1.72 per share. According to Yahoo Finance, the total market value of micro strategies before the deadline is $50.1 billion.
21/21 Plan
Looking ahead, Micro Strategy has adjusted its BTC yield target for 2025-2027 to between 6% and 10%, reflecting a more cautious outlook amidst market volatility. The company has announced a new mark to market stock issuance plan, with a maximum amount of $21 billion, which will be used to acquire more Bitcoin and enhance shareholder value.
President and CEO Phong Le said, "The third quarter is another critical quarter for us. Our focus remains on leveraging digital assets to drive shareholder value, and our 21/21 plan sets a clear path for future growth
MSTR fell 4.23% during normal trading hours on Wednesday, and fell about 12% in after hours trading (eventually recovered to 1.71%), closing at $242.96. Since the beginning of the year, the stock has risen by over 250%.
data source
(责任编辑:要闻)
- ·什么是加密数字货币
- ·10月31日汇添富移动互联股票C净值增长0.83%,近3个月累计上涨11.57%
- ·eth货币行情
- ·火币网的钱包地址
- ·可靠赚钱的区块链app 最新榜单出炉|十大以太坊应用排行榜
- ·瑞波币狗狗币-两种流行加密货币比较
- ·什么是认购币
- ·10月31日天治转型升级混合净值增长0.39%,近1个月累计下跌6.77%
- ·比特币最初的价格
- ·emc什么币-emc是什么币
- ·各大数字货币交易所排名 最新前十虚拟货币交易所排行榜
- ·招联好期贷上的借款一般什么时候扣款呢?
- ·加密 2025 年预测:RWA 将至少增长 3 倍,95% 的 meme 将直接归零
- ·钻石币价格今日行情
- ·30万劳务发票要交多少税
- ·申请了中信信金宝怎么没人打电话呢?提交了申请后没有来自官方的消息。
- · okx官方
- · 数字货币交易app
- · 数字货币交易平台app
- · 虚拟货币交易平台排名
- · 虚拟货币交易
- · 加密货币交易所
- · 虚拟货币交易平台有哪些
- · 数字货币交易所
- · 十大虚拟货币交易平台app
- · okx网页版