策略以74.3％的BTC收益率完成了一年，未來三年目標為15％的年增長率

該公司在第四季度的BTC收益率為2.9％，而第三季度為5.1％。

Block (NYSE:SQ) closed out 2024 with an annual BTC yield of 74.3%. The company also raised its annual target for BTC yield in each of the next three years to 15% from a range of 6% to 8%.

Block（NYSE：SQ）以每年BTC收益率為74.3％而封閉了2024年。該公司還將未來三年中每年的BTC收益率的年目標從6％到8％的範圍提高到15％。

BTC Yield is a metric that measures the performance of Block's bitcoin acquisition strategy. Specifically, it measures the percent change from one period to another in the amount of bitcoin that Block owns per Strategy share. Block introduced the metric in August, during its second-quarter earnings update.

BTC收益率是衡量Block比特幣採集策略的性能的度量。具體而言，它在塊擁有每個策略份額的比特幣數量中衡量百分比從一個時期變為另一個時期的變化。 Block於8月在其第二季度的收益更新中引入了指標。

Block achieved a BTC yield of 2.9% in the fourth quarter, compared with 5.1% in the third quarter.

Block在第四季度的BTC收益率為2.9％，而第三季度為5.1％。

Block also introduced some new metrics to gauge its future performance. The first, BTC Gain, is the number of bitcoins that Block has at the beginning of a period multiplied by the BTC Yield for the period. The second, BTC $Gain, takes the BTC Gain metric and translates its value into dollars based on the market price of bitcoin as of 4 p.m. ET on the last day of the quarter, using the Coinbase exchange.

Block還引入了一些新的指標來評估其未來的性能。首先，BTC增益是塊在周期開始時具有比特幣的數量，乘以該時期的BTC產量。第二個BTC $ GAIN將BTC增益度量計算，並使用Coinbase Exchange在季度的最後一天，根據比特幣的市場價格將其價值轉換為美元。

Block said it achieved a BTC Gain of 140,538 in 2024, and is targeting a BTC $Gain of $10 billion for 2025.

布洛克說，它在2024年達到了BTC的140,538，目標是2025年的BTC $ 100億美元。

Block began an aggressive bitcoin-buying strategy in 2020, which now drives the company's valuation. In the past year, Block has become more aggressive in its approach, raising billions of dollars through the sale of convertible bonds for the sole purpose of buying more bitcoin. Along the way, Block has gained a fan base of retail investors, grown its market value and landed a place in the Nasdaq-100.

Block在2020年開始了一種積極的比特幣制定策略，該策略現在推動了公司的估值。在過去的一年中，Block的方法變得更加積極，通過出售可兌換債券的出售籌集了數十億美元，目的是購買更多的比特幣。一路上，Block獲得了散戶投資者的粉絲群，增長了其市場價值，並在納斯達克100號佔據了一席之地。

While most investors will focus on Block's bitcoin assets, the company does report earnings for its legacy software business. Those operations posted a fourth-quarter loss of $670.8 million, or $3.03 per share, compared with earnings of $89.1 million, or 58 cents per share, a year ago.

儘管大多數投資者將專注於Block的比特幣資產，但該公司確實為其舊軟件業務報告了收益。這些業務的虧損為6.708億美元，即每股3.03美元，而一年前的收入為8,910萬美元，每股58美分。

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

從一年前的1.245億美元起，收入下跌了3％至1.207億美元。訂閱服務和產品許可單元的銷售在軟件業務上增長，被產品支持和其他收入的下降所抵消。