策略以74.3％的BTC收益率完成了一年，未来三年目标为15％的年增长率

该公司在第四季度的BTC收益率为2.9％，而第三季度为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收益率为74.3％而封闭了2024年。该公司还将未来三年中每年的BTC收益率的年目标从6％到8％的范围提高到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比特币采集策略的性能的度量。具体而言，它在块拥有每个策略份额的比特币数量中衡量百分比从一个时期变为另一个时期的变化。 Block于8月在其第二季度的收益更新中引入了指标。

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收益率为2.9％，而第三季度为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还引入了一些新的指标来评估其未来的性能。首先，BTC增益是块在周期开始时具有比特币的数量，乘以该时期的BTC产量。第二个BTC $ GAIN将BTC增益度量计算，并使用Coinbase Exchange在季度的最后一天，根据比特币的市场价格将其价值转换为美元。

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

布洛克说，它在2024年达到了BTC的140,538，目标是2025年的BTC $ 100亿美元。

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年开始了一种积极的比特币制定策略，该策略现在推动了公司的估值。在过去的一年中，Block的方法变得更加积极，通过出售可兑换债券的出售筹集了数十亿美元，目的是购买更多的比特币。一路上，Block获得了散户投资者的粉丝群，增长了其市场价值，并在纳斯达克100号占据了一席之地。

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.

尽管大多数投资者将专注于Block的比特币资产，但该公司确实为其旧软件业务报告了收益。这些业务的亏损为6.708亿美元，即每股3.03美元，而一年前的收入为8,910万美元，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.

从一年前的1.245亿美元起，收入下跌了3％至1.207亿美元。订阅服务和产品许可单元的销售在软件业务上增长，被产品支持和其他收入的下降所抵消。