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:白银TD)
- ·TZERO announces becoming the second broker authorized to engage in digital asset securities custody
- ·10月31日广发大盘成长混合净值下跌0.41%,近1个月累计下跌1.78%
- ·bbc交易平台-bbc交易所官网
- ·巴克萊上調 Coinbase 和 Robinhood 評級,理由是商業模式已經「成熟」
- ·1token价格
- ·10月31日中欧远见两年定开混合A净值下跌0.06%,近6个月累计下跌7.32%
- ·股票佣金券商-股票佣金券商排名
- ·比特币周末将进一步上涨?买家势头复苏预示着这一点
- ·玩数字货币能挣钱吗?玩数字货币安全吗?
- ·股票冠军侯-小说冠军侯
- ·AMA 回顾:市场见顶 or 爆发前夕?2024 年下半年加密走势大揭秘!
- ·10月31日鹏华优选回报混合A净值下跌1.08%,今年来累计下跌8.74%
- ·股票静默期-股票静默期是什么意思
- ·10月31日浦银安盛医疗健康混合C净值下跌0.55%,今年来累计下跌14.51%
- ·Bitfinex 報告:若比特幣市占比達局部頂點,山寨幣在未來幾個月表現或優於大盤
- ·保险单遗失是否会影响车辆年检?
- ·什么吃的什么最好吃-什么吃的什么最好吃造句
- ·国内怎么出手比特币-讨论在国内卖出比特币的方法
- ·加密货币交易员称以太坊即将迎来重大变革——以下是他的目标
- ·10月31日华泰紫金碳中和混合发起C净值下跌0.50%,近1个月累计下跌3.9%
- ·10月31日诺德优势产业净值下跌0.51%,近6个月累计下跌8.14%
- ·10月31日上银医疗健康混合C净值下跌0.42%,今年来累计下跌11.94%
- ·10月31日浙商智选领航三年持有混合A净值下跌0.82%,近1个月累计下跌7.3%
- ·10月31日诺德成长精选C净值下跌0.27%,近1个月累计上涨1.28%
- ·公链稳定币竞争新格局:SUI增速领跑,波场USDT发行量超越以太坊
- ·10月31日中欧远见两年定开混合A净值下跌0.06%,近6个月累计下跌7.32%
- · 0kx交易所官网
- · 欧易交易所 电脑
- · OK交易所官网入口登录
- · 欧易最新版本
- · 十大虚拟货币交易平台app
- · 欧易开户
- · 亿欧app下载
- · okx官方
- · 欧易正规
- · 数字货币交易平台app