隨著比特幣購買狂潮的持續，基準分析師將 MicroStrategy (MSTR) 股價目標上調 91% 至 650 美元

MicroStrategy 繼續其比特幣購買熱潮，增加了 1,070 BTC，價格為 101,935 美元 24 小時波動率：4.0% 市值：2.02 美元 T 卷。 24h: $51.69 B 給它的小貓

MicroStrategy (NASDAQ:MSTR) has announced the purchase of 1,070 additional BTC for an investment value of $101 million, bringing its total Bitcoin holdings to 447,470. The news comes as part of the company's broader strategy to continue acquiring digital assets.

MicroStrategy（納斯達克股票代碼：MSTR）宣布以 1.01 億美元的投資價值額外購買 1,070 枚比特幣，使其持有的比特幣總數達到 447,470 枚。這項消息是該公司繼續收購數位資產的更廣泛策略的一部分。

According to the company's disclosure, the latest BTC purchase was made at an average price of $94,000 during the last week of December. This marks the first Bitcoin purchase by MicroStrategy following its announcement to raise funds through perpetual preferred stock for further acquisitions.

根據該公司披露的信息，最新一次 BTC 購買是在 12 月最後一周的平均價格為 94,000 美元。這標誌著 MicroStrategy 宣布透過永久優先股籌集資金以進行進一步收購後首次購買比特幣。

The recent purchase also comes after MicroStrategy announced its financial results for the fourth quarter, where the Bitcoin holding company reported another $1 billion of impairment losses. However, the company's balance sheet will expand from $17.9 billion to just under $24 billion as it switches to fair-value accounting for its crypto holdings.

最近的收購也是在 MicroStrategy 公佈第四季度財務業績之後進行的，該比特幣控股公司報告了另外 10 億美元的減損損失。然而，隨著該公司對其持有的加密貨幣採用公允價值會計，其資產負債表將從 179 億美元擴大到略低於 240 億美元。

For Q4 2024, MicroStrategy generated a BTC yield of 48% and a massive 74.3% for the financial year (FY) 2024.

2024 年第四季，MicroStrategy 的 BTC 殖利率為 48%，2024 財年 (FY) 的殖利率高達 74.3%。

Benchmark Analysts See 91% Upside In MicroStrategy (MSTR) Stock

Benchmark 分析師認為 MicroStrategy (MSTR) 股票上漲 91%

For the year 2024, the MicroStrategy (MSTR) stock rallied by a staggering 330% while outperforming Bitcoin gains by a margin of 3x. Benchmark analysts Mark Palmer, have reiterated their “buy” rating on the stock, setting a price target of $650. This represents a 91% upside from its current price—highlighting the company’s growing Bitcoin holdings and the promising potential of its software business.

2024 年，MicroStrategy (MSTR) 股票上漲了驚人的 330%，同時跑贏比特幣漲幅 3 倍。 Benchmark 分析師 Mark Palmer 重申了對該股的「買入」評級，並將目標價定為 650 美元。這比當前價格上漲了 91%，凸顯了該公司不斷增長的比特幣持有量及其軟體業務的巨大潛力。

“We believe MSTR’s plan to tap the perpetual preferred market underscores the shareholder value it has been creating through its treasury operations, which helps to justify the premium to the company’s net asset value at which its stock trades”, Benchmark analyst Mark Palmer noted.

Benchmark 分析師 Mark Palmer 指出：「我們認為，MSTR 進軍永久優先市場的計劃突顯了其透過資金業務創造的股東價值，這有助於證明該公司股票交易淨資產價值的溢價是合理的。

Last Friday, MicroStrategy announced its plan to raise $2 billion in Q1 2025 through one or more offerings of perpetual preferred stock, which will take priority over its Class A common stock. It’s part of the company’s broader strategy of securing $42 billion in capital by 2027 via at-the-market stock sales and convertible debt offerings.

上週五，MicroStrategy 宣布計劃在 2025 年第一季透過發行一份或多份永久優先股籌集 20 億美元，該優先股將優先於其 A 類普通股。這是該公司更廣泛策略的一部分，該策略旨在透過市場股票銷售和可轉換債券發行，並在 2027 年確保 420 億美元的資本。

Executive chairman Michael Saylor stated that the company has already achieved two-thirds of its equity-raising target. MicroStrategy requires ongoing capital infusion to continue its Bitcoin acquisition strategy, as its core software business has reported net losses in three of the past four quarters.

執行主席Michael Saylor表示，公司已完成增資目標的三分之二。 MicroStrategy 需要持續注入資金以繼續其比特幣收購策略，因為其核心軟體業務在過去四個季度中有三個季度出現淨虧損。

Palmer highlighted that issuing perpetual preferred stock could attract a more conservative investor base, such as insurance companies, pension funds, and banks, seeking lower-volatility investments.

帕爾默強調，發行永久優先股可能會吸引較保守的投資人群體，例如保險公司、退休基金和銀行，尋求波動性較低的投資。