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)
- ·炒币最好用的看盘软件_市场粘度高的虚拟货币交易所排名汇总
- ·以太链是什么意思
- ·公信股价格-信公 上市
- ·Giza开放空投申领,并公布GIZA代币经济学
- ·Ordinals 生態互咬!兩大佬嗆「節點猴」創辦人 Rocktoshi 滾出生態系統
- ·美联储巴尔称美国经济基础稳固,贸易不确定性影响前景
- ·以太坊某鏈上巨鯨四進四出,短線波段操作紀錄全勝
- ·股票什么时候买和卖-股票什么时候买和卖最好
- ·为什么美国证券交易委员会对NFT的看法是错误的?
- ·股票10日线是什么意思-股票日线是什么意思呀
- ·SNT是什么币?SNT币官网及交易平台全面介绍
- ·dego的nft价格
- ·虚拟币投资平台-虚拟币投资平台下载
- ·区块链币价格-区块链币价格涨跌原理
- ·rsk币今日价格-rsk币行情
- ·币宝交易所
- · 欧亿交易所怎么样。
- · 欧易正规
- · 亿欧交易所下载
- · 虚拟货币交易平台排名
- · 亿欧app下载
- · 虚拟货币交易平台有哪些
- · 欧易交易所 电脑
- · 欧易开户
- · okcoin下载官方app
- · okx交易所app官网链接