從 MicroStrategy (MSTR) 決定將比特幣納入其公司財務開始,引發了公司一系列類似舉措
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings.
隨著比特幣(加密貨幣:BTC)成為企業財務的關鍵資產,上市公司越來越多地採用創新策略來最大化其比特幣持有量。
What Happened: It began with MicroStrategy’s (NASDAQ:MSTR) decision to include Bitcoin in its corporate treasury, which sparked a wave of similar moves by companies like Cathedra Bitcoin (OTC:CBTTF), Metaplanet and Semler Scientific (NYSE:SMLR).
發生了什麼事:始於 MicroStrategy (NASDAQ:MSTR) 決定將比特幣納入其公司財務,這引發了 Cathedra Bitcoin (OTC:CBTTF)、Metaplanet 和 Semler Scientific (NYSE:SMLR) 等公司一波類似的舉措。
The trend is redefining how firms manage their balance sheets and navigate economic uncertainty, Coindesk reports.
根據 Coindesk 報告,這一趨勢正在重新定義企業管理資產負債表和應對經濟不確定性的方式。
MicroStrategy, led by Michael Saylor, stands at the forefront of this shift, recently expanding its Bitcoin portfolio to 244,800 coins, valued at nearly $9.45 billion.
由 Michael Saylor 領導的 MicroStrategy 站在這一轉變的最前沿,最近將其比特幣投資組合擴大到 244,800 個比特幣,價值近 94.5 億美元。
Saylor's approach, positioning Bitcoin as a hedge against inflation, has sent MicroStrategy's stock soaring — up 295% over the past year.
Saylor 將比特幣定位為通膨對沖工具的做法使得 MicroStrategy 的股價飆升——在過去一年裡上漲了 295%。
The company's continued investments in Bitcoin, including a recent $700 million bond offering to finance more acquisitions, signal a long-term commitment to the cryptocurrency.
該公司對比特幣的持續投資,包括最近發行 7 億美元的債券以資助更多收購,這表明該公司對加密貨幣的長期承諾。
Despite concerns over the stock's mixed technical outlook, Saylor remains bullish, stating that Bitcoin's role in corporate finance will only grow.
儘管人們對該股的技術前景好壞參半感到擔憂,但塞勒仍然看好比特幣,並表示比特幣在企業融資中的作用只會增強。
MicroStrategy's strategy has paved the way for other companies to follow suit.
MicroStrategy 的策略為其他公司效仿鋪平了道路。
Cathedra Bitcoin, a publicly traded firm on the TSX Venture Exchange, has shifted its focus from Bitcoin mining to managing data centers, aiming to increase its Bitcoin holdings per share.
Cathedra Bitcoin 是多倫多證券交易所風險交易所的上市公司,已將重點從比特幣挖礦轉向管理資料中心,旨在增加其每股比特幣持有量。
As mining becomes more challenging due to Bitcoin halving, Cathedra's new approach allows it to generate sustainable cash flow while continuously acquiring more Bitcoin.
由於比特幣減半,挖礦變得更具挑戰性,Cathedra 的新方法使其能夠在不斷獲取更多比特幣的同時產生可持續的現金流。
"Going forward, we will make all capital allocation decisions with the intention of maximizing our shareholders' per-share Bitcoin holdings," the company said in a recent statement.
該公司在最近的聲明中表示:“展望未來,我們將做出所有資本配置決策,以最大化股東的每股比特幣持有量。”
Metaplanet has taken a similar approach, focusing on growing its Bitcoin reserves month over month.
Metaplanet 也採取了類似的方法,專注於逐月增加比特幣儲備。
The company's strategy has led to a 587% increase in its stock value this year, underscoring the market's positive response to this trend.
該公司的策略導致其股價今年上漲了587%,凸顯了市場對此趨勢的正面反應。
CEO Simon Gerovich emphasized that prioritizing Bitcoin holdings has been a key driver of the company's recent success.
執行長 Simon Gerovich 強調,優先持有比特幣是該公司近期成功的關鍵驅動力。
These moves reflect a broader shift toward using Bitcoin not only as a hedge against inflation but as a strategic asset to enhance shareholder value.
這些舉措反映了更廣泛的轉變,即使用比特幣不僅作為對沖通膨的工具,而且作為提高股東價值的策略資產。
Companies like MicroStrategy and Cathedra are now leading the charge in what has been described as the "maximize Bitcoin per share" strategy.
MicroStrategy 和 Cathedra 等公司現在在所謂的「每股比特幣最大化」策略中處於領先地位。
This approach focuses on increasing Bitcoin reserves over time, leveraging the cryptocurrency's long-term growth potential.
這種方法的重點是隨著時間的推移增加比特幣儲備,利用加密貨幣的長期成長潛力。
MicroStrategy has further diversified its strategy by offering convertible bonds backed by Bitcoin collateral.
MicroStrategy 透過提供由比特幣抵押品支持的可轉換債券,進一步多元化其策略。
These financial instruments, which offer a 1% interest rate, have attracted investors seeking lower-risk exposure to Bitcoin.
這些提供 1% 利率的金融工具吸引了尋求較低風險的比特幣投資者。
"We're capturing a 50% premium or 50% type BTC yield on that up front," Saylor said, explaining how the bonds allow the company to acquire more Bitcoin while minimizing volatility.
Saylor 表示:「我們預先獲得了 50% 的溢價或 50% 類型的 BTC 收益率。」他解釋了這些債券如何讓公司獲得更多的比特幣,同時將波動性降至最低。
The success of MicroStrategy's strategy is hard to ignore.
MicroStrategy 策略的成功不容忽視。
Since the company adopted Bitcoin in 2020, it has outperformed every company in the S&P 500, achieving an average annual return of 44%.
自2020年該公司採用比特幣以來,其表現優於標準普爾500指數中的所有公司,並實現了44%的平均年回報率。
Saylor highlighted that even Nvidia (NASDAQ:NVDA), the index's top-performing stock, has been outpaced by MicroStrategy's Bitcoin-focused approach.
Saylor 強調,即使是該指數表現最好的股票 Nvidia(納斯達克股票代碼:NVDA)也被 MicroStrategy 以比特幣為中心的策略所超越。
However, the strategy is not without risks.
然而,該策略並非沒有風險。
With mixed technical signals, including a bearish Moving Average Convergence Divergence (MACD) and a neutral Relative Strength Index (RSI), MicroStrategy's stock could face near-term volatility.
由於技術訊號複雜,包括看跌的移動平均線收斂分歧 (MACD) 和中性的相對強弱指數 (RSI),MicroStrategy 的股票可能面臨近期波動。
The company's long-term success will depend on the broader adoption of Bitcoin and the potential for Bitcoin ETFs, which could bring the cryptocurrency further into the financial mainstream.
該公司的長期成功將取決於比特幣的更廣泛採用以及比特幣 ETF 的潛力,這可能會使加密貨幣進一步進入金融主流。
As Bitcoin continues to reshape corporate strategies, these developments will be a focal point at Benzinga's Future of Digital Assets event on Nov. 19.
隨著比特幣繼續重塑企業策略,這些發展將成為 Benzinga 11 月 19 日數位資產未來活動的焦點。