比特幣已經獲得了合法性，因為如今已獲得主流地位

即使是美國證券交易委員會（SEC），隨著現場比特幣的出現，也承認其合法性

Bitcoin has gained legitimacy as it has achieved mainstream status these days. Even the United States Securities and Exchange Commission (SEC) has acknowledged its legitimacy with the advent of spot Bitcoin exchanged traded funds (ETFs) like iShares Bitcoin Trust (NASDAQ:IBIT) issued by the world’s largest asset manager BlackRock Inc. (NYSE:BLK).

如今，比特幣已經獲得了合法性，因為它已經達到了主流地位。即使是美國證券交易委員會（SEC）也承認了其合法性通過現貨比特幣交換交易基金（ETFS）的出現，例如Ishares Bitcoin Trust（NASDAQ：IBIT）由世界上最大的資產經理BlackRock Inc.（NYSE：BLK）發行的世界最大的資產經理Blackrock Inc.（NYSE：BLK）。

What was once viewed as a gimmick when MicroStrategy (NASDAQ:MSTR) went all-in on Bitcoin in 2020, aggressively replacing cash reserves with it and watching its stock soar 20x since then, is now viewed as an ingenious way to increase shareholder value and hedge against inflation.

當MicroStrategy（NASDAQ：MSTR）在2020年全力以赴時，曾經被視為mm頭，積極地用它來代替現金儲備並觀看自那時以來的股票飆升20倍，現在被視為一種巧妙的方式，可以增加股東價值的股票價值和對抗通脹的股東價值。

The meme stock mania of 2021 made the world's largest cinema operator, AMC Entertainment Holdings Inc. (NYSE:AMC), a household name, right behind GameStop (NYSE:GME), of course. In fact, GameStop was initially reported by CNBC to be exploring investing in Bitcoin to enhance their balance sheet first, and then AMC became the next speculation.

當然，2021年的Meme Stock Mania使世界上最大的電影經營者AMC Entertainment Holdings Inc.（NYSE：AMC）是家喻戶曉的名字，就在GameStop（NYSE：GME）後面。實際上，CNBC最初報導GameStop是在探索對比特幣的投資，以提高其資產負債表，然後AMC成為下一個猜測。

Many more companies outside of the computer and technology sector are embracing the idea of replacing cash reserves with Bitcoin or just investing in it. Here are three companies holding Bitcoin to increase their treasury and shareholder value.

計算機和技術部門以外的更多公司正在接受用比特幣代替現金儲備或僅投資於現金儲備的想法。這是三家持有比特幣以提高財政部和股東價值的公司。

1. Alliance Resources: From Mining Coal To Bitcoin

1。聯盟資源：從採礦煤到比特幣

1。聯盟資源：從採礦煤到比特幣

Coal mining has gotten a bad rap from environmentalists to clean energy proponents. Yet, coal still makes up 9% of the nation's total energy production. The writing has been on the wall for coal mining, which is why one major coal miner is diversifying by mining and investing in Bitcoin.

煤礦開採從環保主義者到清潔能源支持者的說唱不好。然而，煤炭仍然占美國總能源生產的9％。著作一直在煤礦開采的牆上，這就是為什麼一位主要的煤礦工人通過採礦和投資比特幣多樣化的原因。

Alliance Resource Partners L.P. (NASDAQ:ARLP) is the largest coal producer in the Eastern United States, operating seven underground coal mining complexes. Alliance sells coal to utilities, steelmakers, and industrial companies to generate power and make steel. Alliance is diversified as it also collects royalties from oil and gas mineral interests in the Permian and Anadarko basins. They collect royalties from leasing these interests.

Alliance Resource Partners LP（NASDAQ：ARLP）是美國東部最大的煤炭生產商，經營著七個地下煤礦開採綜合體。聯盟將煤炭出售給公用事業，鋼鐵製造商和工業公司，以產生電力並製造鋼鐵。聯盟的多樣化，因為它還從二疊紀和阿納達科盆地的石油和天然氣礦物利益中收集了特許權使用費。他們從租賃這些利益中收取特許權使用費。

In their Q1 2024 earnings call, Alliance disclosed that they had been dabbling in bitcoin mining as early as 2H 2020, finding a way to use their excess electricity at the River View mine in Kentucky. This is the power they already paid for but weren't actually tapping. By April 2024, the company had mined over $30 million worth of Bitcoin.

在他們的第1季度2024年收入電話會議中，聯盟透露，他們早在2020年2月2日就在比特幣開採中涉足，找到了一種在肯塔基州河景礦山使用過量電力的方法。這是他們已經支付的力量，但實際上並沒有竊聽。到2024年4月，該公司已開采了價值超過3000萬美元的比特幣。

On February 3, Alliance reported EPS of 12 cents per share, missing consensus analyst estimates by 58 cents. Revenues fell 5.65% year-over-year (YoY) to $590.09 million, missing estimates by $45.51 million. For the full year 2024, Alliance reported revenue of $2.4 billion, net income of $360.9 million and adjusted EBITDA of $714.2 million. Oil and gas royalties volumes hit a record of 3.4 million barrels of oil equivalents (BOE), up 9.6% YoY. The company also completed $9.6 million in oil and gas interest acquisitions in Q4. Alliance held 482 Bitcoins on the balance sheet, valued at $45 million, at the end of 2024.

2月3日，Alliance報告了每股12美分的EPS，分析師的共識分析師估計為58美分。收入同比下降5.65％，至5.909億美元，估計缺失了4551萬美元。在2024年全年，聯盟報告的收入為24億美元，淨收入為3.609億美元，調整後的EBITDA為7.142億美元。石油和天然氣特許權使用費的創紀錄量達到340萬桶（BOE），同比增長9.6％。該公司還完成了第四季度的960萬美元的石油和天然氣利息。截至2024年底，聯盟在資產負債表上持有482個比特幣，價值4500萬美元。

The company issued guidance for 2025. Alliance expects overall coal sales volumes between 32.25 million to 34.25 million tons, with more than 78% already committed and priced.

該公司發布了2025年的指南。聯盟預計，總體煤炭銷售額在3225萬至3425萬噸之間，已經承諾和定價78％。

Sales pricing is projected to be between $50 to $53 per ton in the Illinois Basin and $76 to $82 per ton in Appalachia. However, the company expected costs per ton to deflate sequentially through the year.

伊利諾伊州盆地的銷售定價預計在每噸50至53美元之間，阿巴拉契亞的銷售價格為每噸76至82美元。但是，該公司預計每噸成本會在一年中依次放氣。

Material improvements in production costs will offset lower realized pricing as capex is expected to fall significantly down $429 million from 2024. CEO Craft sees potential for higher domestic sales in 2025.

生產成本的物質提高將抵消較低實現的定價，因為比2024年CECO CRAFT認為，CEO CRAFT認為在2025年的國內銷售中有可能下跌4.29億美元。

The company declared a quarter cash distribution of 70 cents per unit and $2.80 per unit annualized. As a master limited partnership, they must distribute at least 90% of their cash flow to unit holders (shareholders). Alliance distributes cash quarterly under a payment schedule, which has an annual yield of 10.5% as of February 21, 2024.

該公司宣布每單位70美分的四分之一現金分配，每單位分配2.80美元。作為主要有限合夥企業，他們必須將現金流的至少90％分發給單位持有人（股東）。 Alliance根據付款時間表分配現金季度，截至2024年2月21日，年收益率為10.5％。

Alliance disclosed its Bitcoin mining and investment activities four years after beginning operations, proving it wasn’t just following the trend. Meanwhile, some companies are only now investing in Bitcoin to boost their visibility and balance sheets.

聯盟在開始運營四年後透露了其比特幣採礦和投資活動，證明這不僅遵循趨勢。同時，一些公司僅僅投資比特幣，以提高其知名度和資產負債表。

2. Semler Scientific: From In-Office Blood Flow Tests To Bitcoin

2。塞姆勒科學：從辦公室血液流程測試到比特幣

2。塞姆勒科學：從辦公室血液流程測試到比特幣

Medtech company Semler Scientific Inc. (NASDAQ:SMLR) makes QuantaFlo PAD for peripheral artery disease patients to detect and monitor PAD. Its QuantaFlo device uses sensors to quickly and accurately measure and analyze

MedTech Company Semler Scientific Inc.（NASDAQ：SMLR）製作了量子墊，用於外圍動脈疾病患者以檢測和監測墊。其Quantaflo設備使用傳感器快速準確測量和分析