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:金店)
- ·币圈看盘软件_币圈必备工具app盘点
- ·可以交易的USDT区块链官网地址有没有?好用USDT区块链apk榜单一览
- ·白色和天下烟价揭秘,一包到底多少钱?白色和天下多少钱一包
- ·香港常用SHIB官方网站有没有?名气最大的BTC交易APP榜单
- ·2025年全球十大区块链加密货币交易所排名介绍
- ·数字货币交易所排行榜ok usdt交易平台排行榜
- ·国内哪里飞巴厘岛便宜-国内哪里飞巴厘岛便宜点
- ·5月初无锡穿什么衣服
- ·什么区块链交易所比较好 2025排名前十的区块链交易所分享
- ·比特币最近行情
- ·数字货币交易平台排行十大数字货币交易平台 区块链需要用到的软件有哪些?
- ·英国最好用屎币RP客户端下载_自由交易屎币RP官网汇总
- ·一公顷等于多少亩?一公顷多少亩
- ·夸克币钱包下载-夸克钱包app官网下载
- ·虚拟币交易平台app排名 十大虚拟货币交易app大全
- ·币安币今日价格 7月4日币安币实时价格走势图
- · okcoin下载官方app
- · okcoin交易平台
- · 亿欧交易所下载
- ·欧易交易所下载
- · 数字货币交易所
- · okb交易所官网
- · okx网页版
- · oe交易所app下载
- · 欧亿app官网正式版下载
- · 易欧app官网下载