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:新股)
下一篇:华海药业:下属子公司华奥泰获HB0056注射液临床试验许可
- ·新钱包合约
- ·燃油车卖不动了?A级轿车销量下滑30.9% 但“吉利们”不愿放弃这块蛋糕
- ·请问广发银行信用卡预售扣钱什么意思啊?
- ·比特股行情如何看
- ·苏宁任性付如何强开?我要开通苏宁任性付。
- ·蒙娜转债发生1笔大宗交易,折价率为4.28%
- ·普陀山在什么位置-普陀山在什么位置哪个城市
- ·新疆交建:与新疆景橡生态科技发展有限公司拟签订解除协议
- ·广发银行信用卡逾期4年能做飞机吗?
- ·比特币起源是多少
- ·比得币行情
- ·虚拟货币交易所芝麻交易所app最新下载-芝麻交易所DEX交易v6.8.9官网下载
- ·以太币为什么跌
- ·交易所芝麻交易所APP下载-芝麻交易所USDT交易平台官方授权版v6.2.9快速安装
- ·个人所得税补缴是什么意思
- ·谷壳币总量有多少-谷壳币现在多少钱一个
- ·比太钱包挖矿-比太钱包挖矿赚钱吗
- ·链上数据详细分析:或许你需要做好随时逃顶的准备
- ·Roku盘前跌超15% Q3录得净亏损903万美元 平均每用户收入同比持平
- ·新天然气接待60家机构调研,包括鹏华基金、国泰基金、汇添富基金等
- ·ProShars 宣布撤回 2 倍杠杆比特币 TF 的提案
- ·晚报|Upbit 运营商 Dunamu Q1 营业利润约 1.6 亿美元;Ordinals 累计铸造数量超 1000 万枚
- ·农商银行电话多少
- ·金隅集团子公司27亿元竞得北京中关村科技园住宅地块
- ·信音电子将于12月2日召开股东大会,审议变更会计师事务所等议案
- ·RNDR价格在一周内飙升了32% 是什么推动了RNDR上涨
- · 加密货币交易所
- · 虚拟货币交易
- · 全球三大虚拟货币交易平台
- · 十大虚拟货币交易平台app
- · okx网页版
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台有哪些
- · 数字货币交易平台app
- · 数字货币交易app
- · 虚拟货币交易平台排名