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:现货银)
- ·股票开户金额
- ·成本摊销会计处理怎么做
- ·不丹透過挖礦積累 7.8 億鎂比特幣,佔該國 GDP 近三分之一
- ·Ta-da (TADA) 哪里可以买?推荐知名交易平台!
- ·请问新易贷海贝申请额度怎么查看?我想申请新易贷海贝。
- ·10月31日中科沃土沃嘉混合A净值增长0.03%,今年来累计上涨1.86%
- ·LBank在申请VARA许可证期间调整阿联酋服务,暂停新用户注册
- ·挖以太币用什么显卡
- ·天津上市股票-天津上市股票一览表
- ·10月31日银华专精特新量化优选股票发起A净值增长1.61%,近3个月累计上涨26.53%
- ·请问平安新易贷逾期有什么后果?我在平安新易贷逾期2天了。
- ·三分钟读懂即将在 CoinList 公募的 Acurast
- ·51信用管家人品贷逾期怎么办?
- ·Filecoin (FIL)哪里可以买?推荐交易平台分析
- ·什么蜡烛对应什么星期
- ·10月31日浦银安盛价值成长混合A净值增长0.69%,近3个月累计上涨17.45%
- ·小树时代逾期会上门吗?我的借款已经逾期很长时间了。
- ·广发银行PRIORITY PLATINUM的信用卡年费多少啊?
- ·Beeple: Speculators have left the NFT market, but there is still a group of enthusiasts who understand the technology
- ·目前比特币行情
- ·比特币行情今日走势
- ·10月31日民生加银周期优选混合C净值下跌0.55%,近1个月累计下跌5.58%
- ·10月31日前海开源港股通股息率50强净值下跌0.17%,近1个月累计下跌5.39%
- ·莱特币行情qq
- ·10月31日国投瑞银产业趋势混合A净值增长0.54%,近3个月累计上涨14.64%
- ·比特币今日价格比特
- ·欧易交易所下载
- · 欧亿交易所怎么样。
- · okcoin下载官方app
- · okx官方
- · 欧易最新版本
- · 数字货币交易平台app
- · 亿欧交易所下载
- · 数字货币交易所
- · 加密货币交易所
- · 欧易正规