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:银饰)
- ·金融市场的暗面:揭秘 Web3 中的市场操纵
- ·涨停揭秘 | 园林股份首板涨停,封板资金4161.65万元
- ·莱特币2016价格
- ·比特币价格陷入困境 或将压至30000美元以下
- ·以太坊行情分析2020
- ·融信服务(02207)委任中瑞和信为核数师
- ·OKX宣布渣打银行成为第三方机构托管合作伙伴
- ·华纬科技:稳定杆市场占有率超过12%,计划继续提升综合竞争力并推进海外产能建设
- ·生产企业出口退税申报进项税需要转出吗
- ·bcc有轻钱包
- ·半年公积金能贷款多少
- ·共和党候选人希望如果当选 结束拜登总统所谓的比特币战争
- ·加密货币交易软件有哪些??十大正规的泰达币app合集
- ·百果园集团(02411.HK)10月31日耗资150万港元回购100万股
- ·第一交易所
- ·meme币交易所下载安卓最新 meme币最新版手机app下载
- · 数字货币交易app
- · 虚拟货币交易平台排名
- · okx官方
- · 数字货币交易所
- · 虚拟货币交易
- · 全球三大虚拟货币交易平台
- · 虚拟货币交易平台排名
- · 加密货币交易所
- · 十大虚拟货币交易平台app
- · 数字货币交易平台app