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:牌价)
- ·中币国际交易平台
- ·4月山寨币市场分析:超七成代币上涨,小市值与新代币领跑涨幅榜
- ·随着山寨币季节临近,比特币可能成为继黄金之后的下一个突破点
- ·比太钱包是哪个公司 比太钱包怎么样
- ·xvg币的价格-xvg币今日价格
- ·10月31日海通策略优选混合C净值增长0.16%,近3个月累计上涨12.04%
- ·zec什么价格今天-zec今日的价格
- ·10月31日华商价值共享混合发起式净值增长0.71%,今年来累计上涨10.09%
- ·失业保险返还会计处理怎么做
- ·dxd交易所没有客服
- ·中币国际交易平台
- ·全球最大的比特币交易平台是哪个?
- ·snt币价格今日行情
- ·发票开票超限量是什么意思
- ·简易计税进项专票不认证可以直接做成本吗
- ·10月31日南方新兴消费增长股票(LOF)C净值下跌1.55%,近1个月累计下跌2.69%
- · 欧易正规
- · okb交易所官网
- · okx网页版
- · okcoin交易平台
- · 亿欧app下载
- ·欧易交易所下载
- · okcoin下载官方app
- · 欧易交易所 电脑
- · 亿欧交易所下载
- · 0kx交易所官网