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:风向标)
- ·一、蒸锅的价格区间_蒸锅多少钱
- ·2025谷歌开发者大会有哪些值得关注的内容?
- ·BCH币发行总量多少枚?比特现金发行量一览
- ·币多宝交易平台
- ·实用靠谱币圈都在用冷钱包盘点_全球顶尖币圈都在用冷钱包十大排名
- ·期货公司股票上市
- ·炒币的人都在用什么交易平台?十大不收费看盘软件网站排名
- ·暴力绑架事件发生后,法国政府承诺为加密货币企业家提供额外安全保障
- ·全球十大区块链交易平台 世界十大数字货币交易所
- ·比特币自动买卖软件
- ·光绪元宝值多少钱?揭秘最新行情!光绪元宝多少钱一枚
- ·公司购买的理财产品怎么会计处理
- ·Python环境变量配置指南_python如何配置环境变量
- ·职工福利费支出税收金额怎么计算
- ·国内比特币交易平台哪个收费低?十大比特币交易平台
- ·区块链电子钱包安卓
- · 数字货币交易app
- · 欧易开户
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台排名
- · 易欧app官网下载
- · 欧易正规
- · 十大虚拟货币交易平台app
- · 亿欧交易所下载
- · 欧亿交易所怎么样。
- · 加密货币交易所