比特幣 (BTCUSD) 價格再創新高，升至 107000 美元以上，有報導稱當選總統唐納德·特朗普可能考慮建立比特幣戰略儲備，市場樂觀情緒日益高漲

市值最大的加密貨幣在周日尾盤首次突破 106,000 美元後，週一突破了 107,000 美元的價格障礙。

Bitcoin (BTCUSD) prices hit another record high on Monday, rising above $107,000 amid optimism over reports that President-elect Donald Trump may be considering establishing a bitcoin strategic reserve.

由於有報導稱當選總統川普可能考慮建立比特幣戰略儲備，比特幣 (BTCUSD) 價格週一再創新高，升至 107,000 美元以上。

The largest cryptocurrency by market cap broke the $107,000 price barrier Monday, after crossing $106,000 for the first time in late trading Sunday. Meanwhile, MicroStrategy (MSTR), which calls itself a bitcoin treasury company, announced another massive bitcoin purchase of $1.5 billion.

市值最大的加密貨幣在周日尾盤首次突破 106,000 美元後，週一突破了 107,000 美元的價格障礙。同時，自稱為比特幣財務公司的 MicroStrategy (MSTR) 宣布再次大規模購買 15 億美元的比特幣。

MicroStrategy shares were up more than 5% in recent trading Monday, and have gained over 527% year-to-date.

MicroStrategy 股價在周一最近的交易中上漲了 5% 以上，今年迄今上漲了 527% 以上。

Bitcoin Prices, Nasdaq 100 Inclusion Prop MSTR Shares

比特幣價格、納斯達克 100 指數 MSTR 股票

MicroStrategy bought 15,350 bitcoins during the week ending December 15, at an average price of roughly $100,386 per bitcoin, the company reported. The purchase was financed by selling MicroStrategy shares.

根據該公司報道，截至 12 月 15 日當週，MicroStrategy 購買了 15,350 枚比特幣，平均價格約為每枚比特幣 100,386 美元。此次收購的資金來源是出售 MicroStrategy 股票。

The company now owns 439,000 bitcoins, worth approximately $47 billion at current prices. And its bet on bitcoin has had a major impact on its stock. MicroStrategy's market cap has grown from roughly $1.1 billion in August 2020 when it first adopted its bitcoin strategy to close to $100 billion now.

該公司目前擁有 439,000 枚比特幣，以當前價格計算，價值約 470 億美元。而其對比特幣的押注對其股價產生了重大影響。 MicroStrategy 的市值已從 2020 年 8 月首次採用比特幣策略時的約 11 億美元增長到現在的接近 1000 億美元。

The exponential growth in MicroStrategy shares this year was largely fueled by rising bitcoin prices. Bitcoin rallied earlier this year on demand from the newly launched spot bitcoin exchange-traded funds (ETFs), the bitcoin halving and finally the re-election of Trump and hope of a more crypto-friendly administration.

今年 MicroStrategy 股價的指數級成長很大程度上是由比特幣價格上漲所推動的。今年早些時候，由於新推出的現貨比特幣交易所交易基金（ETF）的需求、比特幣減半以及川普最終連任以及對加密貨幣更加友好的政府的希望，比特幣價格上漲。

But MicroStrategy shares may have more room to run. Its inclusion in the Nasdaq 100 index starting next week would imply many funds and ETFs—such as the Invesco QQQ Trust (QQQ)—purchasing the stock to align their portfolios to the index.

但 MicroStrategy 的股價可能還有更大的上漲空間。從下週開始，該公司被納入納斯達克 100 指數，這意味著許多基金和 ETF（例如 Invesco QQQ Trust (QQQ)）將購買該股票，以使其投資組合與該指數保持一致。

However, the next milestone of becoming a part of the S&P 500 index may prove to be difficult, according to Bloomberg analysts James Seyffart and Eric Balchunas. While companies need to have a market capitalization of at least $18 billion, the S&P has complete discretion about deciding which companies ultimately make the cut.

然而，彭博分析師 James Seyffart 和 Eric Balchunas 表示，成為標準普爾 500 指數一部分的下一個里程碑可能會很困難。雖然公司的市值必須達到至少 180 億美元，但標準普爾對於決定哪些公司最終入選具有完全的自由裁量權。

The biggest issue for MicroStrategy could be its lack of profitability. The company has not turned a profit in the past few quarters, the analysts noted.

MicroStrategy 最大的問題可能是缺乏獲利能力。分析師指出，該公司在過去幾季尚未獲利。

That could change for MicroStrategy come January 2025. Current accounting rules do not allow companies like MicroStrategy to record bitcoin on their books at fair value. Instead they are forced to take an impairment loss if bitcoin prices fall while not taking any gains from rising bitcoin prices into account. Those impairments would drag down the company's profits. But new rules by Financial Accounting Standards Board (FASB) allow for capturing some of that upside from rising bitcoin prices.

對 MicroStrategy 來說，這種情況可能會在 2025 年 1 月發生變更。相反，如果比特幣價格下跌，他們將被迫承擔減損損失，而不考慮比特幣價格上漲帶來的任何收益。這些減值將拖累公司的利潤。但財務會計準則委員會（FASB）的新規則允許從比特幣價格上漲中獲取部分上漲空間。