MicroStrategy计划在市场上提供210亿美元购买更多比特币

该公司的净亏损包括在2025年通过的新公允价值会计规则下对其比特币持有的59亿美元未实现的损失。

Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, has announced plans for a $21 billion at-the-market (ATM) common stock offering to further acquire bitcoin ( BTC) despite reporting a first-quarter net loss of $4.2 billion, or $16.49 per diluted share.

战略是一家以前称为MicroStrategy的公司比特币国库公司，已宣布计划以210亿美元的价格（ATM）普通股提供进一步收购比特币（BTC）的计划，尽管据报道，净净亏损为42亿美元，即每稀释的股票16.49美元。

The company’s net loss includes a $5.9 billion unrealized loss on its bitcoin holdings under new fair value accounting rules adopted in 2025. However, highlighting progress in its bitcoin strategy, Strategy (Nasdaq: MSTR) achieved a 13.7% year-to-date " BTC Yield" and a $5.8 billion " BTC Gain." It currently holds 553,555 bitcoin, acquired at an average cost of $68,459 each, and has raised its 2025 BTC Yield target from 15% to 25%.

该公司的净亏损包括在2025年通过的新公允价值会计规则下对其比特币持有的59亿美元未实现的损失。但是，强调其比特币战略的进展，战略（NASDAQ：MSTR）取得了13.7％的年度临时“ BTC收益率”和58亿美元的BTC增长。”它目前持有553,555个比特币，每人平均成本为68,459美元，并将其2025 BTC收益率目标从15％提高到25％。

Also Read: Strategy Commences $21 Billion At-The-Market Common Stock Offering

另请阅读：策略开始在市场上销售210亿美元

Pointing to the ATM offering’s role in adding 301,335 bitcoin to its balance sheet and boosting its stock price by 50% during the quarter, CEO Phong Le said, “We are pleased with our progress executing our strategy to return significant value to shareholders in Q1. We nearly tripled our Bitcoin holdings to over 150,000 and achieved a 50% increase in our stock price during the quarter.”

首席执行官Phong Le表示，指出ATM发行在其资产负债表中增加301,335比特币的作用，并在本季度将其股票价格提高50％，首席执行官Phong Le说：“我们很高兴我们的进度执行我们的策略以返回第1季度的股东。我们将比特币持有量几乎增加了150,000％，并在我们的股票价格上涨了50％，在我们的股票价格上涨了50％。

“With over 70 public companies worldwide now adopting a Bitcoin treasury standard, we are proud to be at the forefront in pioneering this space,” Le concluded.

Le总结说：“现在，全球有70多家上市公司采用比特币国库标准，我们很荣幸能在这一领域处于开创性的领先地位。”

Strategy CFO Andrew Kang highlighted that the adoption of fair value accounting lifted retained earnings by $12.7 billion but acknowledged Q1’s unrealized loss due to Bitcoin’s quarter-end price of $82,445.

战略CFO Andrew Kang强调，采用公允价值会计的收入增加了127亿美元，但由于比特币的四分之一末期价格为82,445美元，因此承认第一季度未实现的损失。

The company raised $7.7 billion in net proceeds during Q1 through stock sales, convertible notes, and preferred stock offerings. It also increased authorized shares of Class A common stock to 10.3 billion to facilitate equity raises.

该公司通过股票销售，可转换票据和优先股票在第一季度筹集了77亿美元的净收益。它还将A类普通股的授权股份增加到了103亿，以促进股权提高。

The firm’s operating expenses surged 1,976% year-over-year to $6 billion due to bitcoin-related accounting changes, while software revenue fell 3.6% year-over-year to $111.1 million. However, subscription services grew 61.6%. Cash reserves rose to $60.3 million, up $22.2 million from December 2024, the earnings report discloses.

由于与比特币相关的会计变化，该公司的运营费用飙升了1,976％，至60亿美元，而软件收入同比下降3.6％，至1.1111亿美元。但是，订阅服务增长了61.6％。收入报告揭示，现金储备额增至6030万美元，比2024年12月增长了2220万美元。

Strategy’s Q1 2025 financial results also cautioned that bitcoin price volatility, regulatory shifts, and liquidity risks could impact future results. It holds bitcoin worth $43.5 billion at quarter-end, with a current market value of approximately $96,619 per bitcoin as of Thursday, May 1, 2025.

策略的第一季度2025财务业绩还警告说，比特币价格波动，监管变化和流动性风险可能会影响未来的结果。它的比特币在四分之一端的价值435亿美元，目前的市场价值约为2025年5月1日星期四的每比特币96,619美元。