Microstrategy reveals a new name, bitcoin acceleration reports in the fourth quarter
The strategy, the largest company holder in Bitcoin, said it is almost mid -road to achieve its ambitious goal of capital as it was in a purchase throughout the post -election rally.
Company Previously known as Microstrategy He said since the end of the third quarter, it has acquired 218,887 Bitcoins for $ 20.5 billion. The strategy currently has 471,107 Bitcoins in its public budget, about 2 % of the total offer.
“We have completed $ 20 billion in the $ 42 billion capital plan, greatly on our initial schedules, with the leadership of the capital transformation in the financial markets. We look forward to the rest of the year 2025, we are in a good position to enhance the value of shareholders Fong -Lu, president and CEO of the company, said in his financial issuance in the fourth quarter:
shares Strategy Little in extended trading has been changed. Earlier on Wednesday, her new name and slogan, which he said, was aimed at emphasizing its focus on Bitcoin.
In its latest financial update, the strategy revealed a plan to issue $ 42 billion of securities between 2025 and 2027. With the rise in encrypted currencies after the elections, the company accumulated strongly in Bitcoin on a weekly basis even with the currency record after the record – some investors made wondering what If the plan was pulled forward.
Microstrategy shares have been changed slightly in the stretch trading after the company released its financial update Q4.
New standards for watching
The company ended with an annual BTC’s annual return by 74.3 %. It has raised its annual BTC’s annual goal in each of the next three years to 15 % of a range from 6 % to 8 %.
BTC aims to measure the performance of the company’s Bitcoin’s purchase strategy; Specifically, the percentage changes from time to time in the amount of Bitcoin that each strategy has. The strategy presented the scale in August, during the update of the second quarter profits.
The company reached 2.9 % BTC’s return in the fourth quarter, compared to 5.1 % in the third quarter.
The strategy also presented some new standards to measure its future performance. The first, BTC Gain, is the number of Bitcoins that the company has at the beginning of a period multiplied by the BTC return for the period. The second gain, BTC $, BTC Gain takes a value and translates its value into dollars based on the price of the Bitcoin market at 4 pm on the last day of the quarter, using Excination Coinbase.
The strategy said it achieved a BTC profit of 140,538 in 2024, and aims to profit BTC with a value of $ 10 billion for 2025.
The famous company began to aggressively Bitcoin purchase strategy In 2020, the company’s evaluation is now paid. Last year, it became more aggressive in his approach, collecting billions of dollars by selling convertible bonds for a single purpose is to buy more bitcoin. Along the way, Bitcoin Proxy gained a fan of retailers, and has grown its market value It fell a place in Nasdaq-100.
While most investors will focus on the company’s bitcoin assets, it offers profits from old software work. These operations recorded a loss in the fourth quarter of $ 670.8 million, or $ 3.03 per share, compared to profits of $ 89.1 million, or 58 cents per share, a year ago.
Revenue fell 3 % to $ 120.7 million from 124.5 million dollars a year ago. Subsequent subscription services and product licenses have grown in software business, as they are corresponding to a decrease in product support and other revenues.
https://image.cnbcfm.com/api/v1/image/108098121-1738791949921-gettyimages-2162975316-BITCOIN_2024.jpeg?v=1738792074&w=1920&h=1080
2025-02-06 01:10:00
