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:基金数据)
- ·Meme 币生态全景图分析:如何获得超额收益?
- ·10月31日宏利复兴混合A净值增长0.32%,今年来累计上涨29.53%
- ·挖矿580多少算力
- ·焦炭期货盘中下跌1.65%,报1992.5元
- ·麦肯锡的 Lilli 案例为企业 AI 市场提供了哪些发展思路?
- ·10月31日博时远见成长混合C净值下跌0.81%,近1个月累计下跌5.45%
- ·中币交易所
- ·美因基因(06667.HK)10月31日耗资98.5万港元回购12.8万股
- ·广发银行信用卡逾期4年能做飞机吗?
- ·10月31日诺德新能源汽车混合C净值增长0.31%,近3个月累计上涨12.39%
- ·个税申报系统退付手续费会计分录
- ·10月31日前海开源中国成长混合净值增长0.45%,近3个月累计上涨12.14%
- ·个税按应发工资还是实发工资计算
- ·18年比特币价格-2018年比特币的市场价格
- ·美国财长预计美中贸易谈判将取得进展
- ·中概指数一度跌超1.9%
- ·10月31日华泰柏瑞行业优选6个月持有期混合C净值增长0.28%,近3个月累计上涨7.13%
- ·10月31日西部利得碳中和混合发起A净值增长0.92%,近3个月累计上涨12.9%
- ·新股公告 | 德翔海运(02510):最终发售价为每股4.18港元 公开发售获12.09倍认购
- ·积木集团(08187.HK)完成配售4333.82万股
- ·10月31日易方达瑞财混合I净值增长0.09%,今年来累计上涨5.37%
- ·10月31日民生加银新战略混合C净值下跌1.08%,近1个月累计下跌3.43%
- ·10月31日宏利高研发6个月持有混合A净值增长0.04%,今年来累计上涨42.08%
- ·10月31日永赢惠添益混合C净值增长1.26%,近3个月累计上涨26.68%
- ·10月31日易方达均衡优选一年持有混合A净值增长0.36%,近3个月累计上涨13.17%
- ·10月31日嘉实远见企业精选两年持有期混合净值增长0.34%,近3个月累计上涨16.91%
- · 全球三大虚拟货币交易平台
- · okx网页版
- · 数字货币交易平台app
- · okx官方
- · 虚拟货币交易平台排名
- · 数字货币交易所
- · 虚拟货币交易平台排名
- · 数字货币交易app
- · 加密货币交易所
- · 虚拟货币交易平台有哪些