比特幣最近跌至74,500美元，使加密貨幣和股票市場震驚。

n跌至74500美元，搖晃加密貨幣和股票市場

Bitcoin’s recent slide to the $74,500 level has not only shaken the crypto markets but also spilled over into the stock market.

比特幣最近降至74,500美元的幻燈片不僅動搖了加密貨幣市場，而且還湧入了股票市場。

The cryptocurrency's weakness, partly triggered by renewed trade tariff tensions under President Donald Trump, has affected both individual investors and companies with large Bitcoin holdings.

加密貨幣的弱點部分是由唐納德·特朗普（Donald Trump）總統領導下的新貿易關稅緊張局勢引發的，它影響了個人投資者和擁有大量比特幣持有的公司。

For instance, both Metaplanet and Semler Scientific have seen their stock prices take a hit as Bitcoin continues to fall.

例如，Metaplanet和Semler Scientific都認為，隨著比特幣繼續下降，他們的股價受到了打擊。

Bitcoin price is now down 33% from its January high and has reached its lowest point in five months.

比特幣價格現在比1月份的高點下跌了33％，並且在五個月內達到了最低點。

This downslide puts pressure on major corporate Bitcoin holders like Strategy. The company has spent a whopping $35.6 billion buying Bitcoin and currently holds an unrealized gain of about $3.9 billion – not a huge cushion if prices keep sliding.

這滑坡給像戰略這樣的主要企業比特幣持有人施加了壓力。該公司花費了高達356億美元的購買比特幣，目前持有約39億美元的未實現收益 - 如果價格繼續下滑，這不是一個巨大的緩衝。

Crypto Whales Hurt Bad?

加密鯨魚受傷不好？

As of April 2, Metaplanet holds 4,206 BTC, purchased at an average price of ¥88,800 each. However, with Bitcoin’s recent dip, the company is now 15% in the red.

截至4月2日，Metaplanet持有4,206 BTC，平均價格為每張88,800日元。但是，隨著比特幣最近的下降，該公司現在為紅色15％。

The pain got worse on Monday when Metaplanet’s stock dropped 20% in a single day, raising concerns about its crypto-heavy strategy.

週一，當Metaplanet的股票一天在一天中下降20％時，痛苦變得更糟，這引起了人們對其加密貨幣較重的策略的擔憂。

Semler Scientific is facing similar trouble. It bought Bitcoin at an average price of ¥87,854, but with Bitcoin down 20% this year, Semler’s stock has plunged 38%.

Semler Scientific也面臨著類似的麻煩。它平均以87,854日元的價格購買了比特幣，但今年比特幣下跌了20％，Semler的股票暴跌了38％。

In comparison, Metaplanet’s stock is down 15%, while MicroStrategy has only seen a small 2% decline.

相比之下，Metaplanet的股票下降了15％，而微型造影僅下降了2％。

Strategy’s Stock Still Holds Premium Despite Market Drop

儘管市場下降，策略的股票仍然保費

Strategy still holds a massive 528,185 BTC, currently worth about $39.5 billion. The company’s average purchase price is $67,458 per coin, so it remains in profit.

策略仍然擁有528,185 BTC，目前價值約395億美元。該公司的平均購買價格為每枚硬幣67,458美元，因此它仍然有利。

Even if Bitcoin drops below their average cost, Strategy isn’t facing any risk of liquidation, according to CoinDesk Research.

根據Coindesk Research的說法，即使比特幣降至平均成本低於平均成本，策略也不會面臨任何清算風險。

Its stock continues to trade at a premium – almost double the value of its Bitcoin holdings.

它的股票繼續以溢價交易，幾乎是其比特幣持有價值的兩倍。

This week, Strategy’s stock is down 2%, lagging behind the broader market, which has seen a slight gain.

本週，策略的股票下跌了2％，落後於更廣泛的市場，這略有收益。

The market downturn and potential losses on its crypto holdings could put pressure on Strategy to start buying more Bitcoin again.

市場衰退和加密貨幣持有的潛在損失可能會對戰略施加壓力，以便再次開始購買更多比特幣。

However, with Bitcoin’s price already down 20% this year, it remains to be seen if Strategy can deploy its remaining cash to buy more at lower prices.

但是，由於今年比特幣的價格已經下跌了20％，策略是否可以部署其剩餘現金以以較低的價格購買更多的現金還有待觀察。