Microstratey reveals new name, reports accelerated bitcoin -purchase in the fourth quarter

Michael Saylor, President of Microstratey, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, USA, Friday, July 26, 2024. The conference is an annual event organized by BTC Media LLC for fans of the original cryptocurrency. Photographer: Liam Kennedy/Bloomberg via Getty Images

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Strategy, the largest business owner of Bitcoin, said it is almost halfway to its ambitious capital collection target when it went on a buying spiral throughout the post -lesson.

The company, previously known as MicroStratey, said since the end of the third quarter, it has acquired 218,887 Bitcoins for $ 20.5 billion. Strategy currently has 471,107 Bitcoins on its balance, approx. 2% of the total supply.

“We have completed $ 20 billion of our $ 42 billion capital plan, significantly before our original timelines, while leading the digital transformation of capital in the financial markets. When we look forward to the rest of 2025, we are well positioned for Further to further improve shareholder value by exploiting the strong support of institutional and retail investors to our strategic plan, “Phong Le, president and CEO of the company, said in his financial release in the fourth quarter.

Shares of Strategy was slightly changed in extended trade. Earlier Wednesday, it revealed its new name and logo, as it said was aimed at emphasizing its focus on Bitcoin.

In its last financial update, the strategy revealed a plan to issue $ 42 billion in securities between 2025 and 2027. When Cryptocurrencies stood after the election, the company was aggressively stacked in Bitcoin on a weekly basis, even when the coin hit after record – which made some investors speculate on whether the plan was drawn.

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Microstratey shares were slightly changed in extended trade after the company released its Q4 Financial Update.

New measurements to see

The company ended the year with an annual BTC yield of 74.3%. It has raised its annual target for BTC yield in each of the next three years to 15% from a range of 6% to 8%.

BTC yield is intended to measure the results of the company’s Bitcoin acquisition strategy; Specifically, the percentage is changed from one period to another in the amount of Bitcoin it owns per. Strategy. Strategy introduced the metric in August during its earnings update in the 2nd quarter.

The company reached a 2.9% BTC yield in the fourth quarter compared to 5.1% in the third quarter.

Strategy also introduced some new measurements to measure its future performance. The first, the BTC gain, is the number of bitcoins that the company has at the beginning of a period multiplied by BTC yield for the period. The second, BTC $ Gain, takes BTC gain -metric and translates its value into dollars based on the market price of Bitcoin as at 1 p.m. 16.00 one on the last day of the quarter using Coinbase Exchange.

The strategy said it achieved a BTC gain of 140,538 in 2024 and targets a BTC $ $ 10 billion for 2025.

The company began famous on an aggressive Bitcoin purchase strategy in 2020, and it now runs the company’s valuation. In the past year, it has become more aggressive in its approach and raises billions of dollars through the sale of convertible bonds for the sole purpose of buying more Bitcoin. Along the way, Bitcoin Proxy’s got a fanbase of retail investors, grown its market value and landed somewhere in the NASDAQ-100.

While most investors will focus on the company’s Bitcoin assets, it reports earnings for its older software business. These operations issued a loss in the fourth quarter of $ 670.8 million or $ 3.03 per year. Share compared to a $ 89.1 million earnings or 58 cents per share. Stock a year ago.

Revenue slipped 3% to $ 120.7 million from $ 124.5 million a year ago. Sales of subscription services and product licenses devices grew in the software industry, offset by decrease in product support and other revenue.

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