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:黄金TD)
- ·企业关联关系表怎么填
- ·航空航天股票都有哪些?哪些股票是与航空航天相关的?
- ·MTX今日行情
- ·10月31日广发价值领航一年持有混合C净值下跌0.10%,近1个月累计上涨2.4%
- ·jex交易所
- ·探索数字货币交易新篇章,OKX欧易下载与注册指南
- ·增值税抵扣是否需要一一对应
- ·鑫铂股份收盘涨0.31%,主力资金净流出2597.81万元
- ·Builder 再出发!锚定 Telegram 生态,OKX Web3 又放大招?
- ·保险公司要交多少税呢?或者保险公司税务问题解答。
- ·个人所得税退手续费怎么做会计分录
- ·金融商业险到底是什么意思?
- ·lbc钱包下载-ibc钱包下载
- ·探索数字货币交易平台,欧意易与OKX交易所的应用与下载
- ·OP Stack 阵营迎来多个明星项目,Superchain 已近 60 个成员,多家领豪华补贴
- ·岭南股份收盘涨10.12%,主力资金净流入8834.54万元
- ·泽连斯基:乌克兰仅收到美国今年批准军援的十分之一
- ·克明食品:预计2025年上半年完成中性化生猪变种工作,挂面产品在中高端市场中占有率稳居第一
- ·usdt官网钱包教程USDT官网钱包使用官方教程
- ·保险赔付金额是什么意思?如何计算保险赔偿金额?
- ·10月31日汇添富策略增长灵活配置混合净值下跌0.18%,今年来累计下跌8.8%
- ·易欧电脑客户端下载,全面了解易欧网址及相关信xin息
- ·海南发展收盘涨5.43%,主力资金净流入3446.49万元
- ·汉思能源(00554.HK)委任徐闵为独立非执行董事
- ·汇川技术(300124.SZ):预计在重工业领域,四季度陆续会开始有一些项目型设备更新的订单
- ·6G概念31日主力净流出16.42亿元,海能达、力合科创居前
- · 虚拟货币交易平台排名
- · 全球三大虚拟货币交易平台
- · 十大虚拟货币交易平台app
- · okx官方
- · 虚拟货币交易
- · okx网页版
- · 数字货币交易所
- · 数字货币交易平台app
- · 虚拟货币交易平台排名
- · 数字货币交易app