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:百科资讯)
- ·WalletConnect 通过 WCT 空投正式登陆 Solana,开启多链扩展新篇章
- ·cet比特币价格
- ·比特币长期持有者是否开始大规模抛售?链上数据分析揭示真相
- ·10月31日浙商智多兴稳健回报一年持有混合A净值下跌0.10%,近1个月累计下跌1.52%
- ·对话 Circle CEO:从监管到创新,美元数字化是大势所趋
- ·10月31日鹏华中国50混合净值下跌1.09%,近1个月累计下跌6.75%
- ·特朗普与加密精英的晚宴:1.48亿美元入场券背后的权力游戏
- ·册亨怎么样
- ·股票卖出怎么收税
- ·快钱交易平台
- ·增值税申报表附表三如何填报
- ·保险公司是如何计算税费的?如何申报税务?
- ·好的医药股票-好的医药股票有哪些
- ·10月31日汇添富北交所创新精选两年定开混合C净值下跌3.24%,今年来累计上涨38.51%
- ·票链CTC价格
- ·zcash钱包安装
- · okx交易所app官网
- · 亿欧交易所下载
- · 数字货币交易平台app
- · 0kx交易所官网
- · okcoin下载官方app
- ·欧易交易所下载
- · 欧易开户
- · okb交易所官网
- · 亿欧app下载
- · 全球三大虚拟货币交易平台