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:个股)
- ·Pantera, ParaFi and other institutions acquire MPLX tokens held by FTX at a discounted price
- ·zec币未来价格-zec币未来价格预测
- ·以太坊巨鲸在价格飙升49%后成功套现2373万美元
- ·给你花下款了还可以申请51人品贷吗?不是很了解。
- ·WSJ:大型银行正探索联合稳定币进军加密领域
- ·比特币交易火币
- ·eth永续合约行情
- ·聚币网怎么提现
- ·line币价格查询
- ·不用矿机怎么挖比特币
- ·股票最高涨幅-股票最高涨幅多少
- ·币易怎么提币
- ·8大买币卖币的比特币btc交易所 币圈八大交易所排名
- ·气候什么河什么显著-气候河流
- ·sers股票-sers股票是什么意思
- ·BAGS币今日价格
- · 欧亿app官网正式版下载
- · 欧易开户
- · okx网页版
- · 数字货币交易所
- · 全球三大虚拟货币交易平台
- · 十大虚拟货币交易平台app
- · oe交易所app下载
- · 欧易最新版本
- · 欧易app官方下载入口