GameStop（NYSE：GME）通過投資比特幣在金融世界中引起轟動

GameStop（NYSE：GME）以大膽地投資比特幣的大膽決定在金融界引起轟動，此舉既​​引起了加密貨幣愛好者的興奮，又引起了財務評論員彼得·席夫（Peter Schiff）的強烈批評。

GameStop (NYSE:GME) is making headlines again, this time for an investment in Bitcoin, a move that has divided cryptocurrency enthusiasts and financial commentator Peter Schiff.

GameStop（NYSE：GME）再次成為頭條新聞，這次是對比特幣進行投資的投資，此舉使加密貨幣愛好者和財務評論員Peter Schiff分開。

The well-known gold advocate and Bitcoin critic has weighed in on GameStop’s strategy, suggesting it’s not the best long-term business decision.

著名的黃金擁護者和比特幣評論家對GameStop的戰略進行了權衡，這表明這不是最佳的長期業務決定。

GameStop's Bitcoin Investment and Stock Price Surge

GameStop的比特幣投資和股票價格上漲

GameStop is investing in Bitcoin through a convertible debt program, similar to the strategy used by MicroStrategy (NASDAQ:MSTR) to build its cryptocurrency treasury.

GameStop通過可轉換債務計劃投資比特幣，類似於MicroStrategy（NASDAQ：MSTR）使用的策略來建立其加密貨幣財政部。

Despite Schiff’s disapproval of GameStop's Bitcoin investment, the gaming retailer's stock surged 15% after the announcement, driven by investor excitement and FOMO (Fear of Missing Out). However, the stock's rally was short-lived, leading Schiff to suggest that those who quickly sold their shares made a wise move, while long-term holders now face increased investment risks.

儘管席夫（Schiff）不贊成GameStop的比特幣投資，但在投資者興奮和FOMO驅動的宣布之後，遊戲零售商的股票飆升了15％（擔心錯過）。但是，該股票的集會是短暫的，導致席夫（Schiff）暗示那些迅速出售其股份的人採取了明智的舉動，而長期持有人現在面臨著增加的投資風險。

Schiff's Criticism of Bitcoin and Its Implications

希夫對比特幣及其含義的批評

Schiff has consistently opposed Bitcoin, highlighting its high volatility and lack of intrinsic value, which he believes make it unsuitable for a corporate asset. He argues that Bitcoin fails to serve as a reliable store of value, especially when compared to traditional assets like gold, which has a proven track record of stability.

希夫一直反對比特幣，強調了其高波動性和缺乏內在價值，他認為這使其不適合公司資產。他認為，比特幣無法用作可靠的價值存儲，尤其是與傳統資產（如黃金）相比，該資產具有可靠的穩定性記錄。

In contrast to assets used to build a company over time, Schiff maintains that Bitcoin is an asset that quickly loses value. He has expressed skepticism over Bitcoin's long-term viability and has repeatedly warned that Bitcoin will eventually become worthless. His skepticism has placed him at odds with Bitcoin advocates like MicroStrategy CEO Michael Saylor, who believes that Bitcoin is the future of corporate finance and a hedge against inflation.

與隨著時間的推移建立公司的資產相反，Schiff認為比特幣是一種迅速失去價值的資產。他對比特幣的長期生存能力表示了懷疑，並一再警告比特幣最終將變得毫無價值。他的懷疑使他與像Microstrategy首席執行官Michael Saylor這樣的比特幣擁護者矛盾，後者認為比特幣是公司財務的未來，也是反對通貨膨脹的對沖。

However, Schiff and other critics suggest that Saylor is investing in Bitcoin out of desperation to boost MicroStrategy's stock price due to a lack of newsworthy developments within the company.

但是，席夫（Schiff）和其他批評家認為，由於公司內部缺乏新聞價值的發展，塞勒（Saylor）的絕望是出於絕望而投資於比特幣。

Regulatory Risks and Uncertain Future for Corporate Cryptocurrency Investments

公司加密貨幣投資的監管風險和不確定的未來

Beyond its volatility, Schiff warns that Bitcoin faces significant regulatory risks. Governments around the world are actively introducing new regulations on digital assets, such as U.S. tariffs and legal restrictions on cryptocurrency usage, which could complicate corporate adoption of Bitcoin and make it a riskier asset for businesses seeking stable long-term investments.

除了波動之外，希夫警告說，比特幣面臨著重大的監管風險。全球各國政府正在積極介紹有關數字資產的新法規，例如美國關稅以及對加密貨幣使用情況的法律限制，這可能會使公司採用比特幣的採用複雜化，並使它成為尋求穩定長期投資的企業的風險風險。

Unlike traditional assets like real estate and gold, which are well-established within regulatory frameworks, Bitcoin is still in a nascent stage and subject to shifting legal landscapes. This lack of regulatory clarity places a heavier burden on companies investing in cryptocurrencies.

與在監管框架內建立良好的房地產和黃金等傳統資產不同，比特幣仍處於起步階段，並受到法律景觀的轉移。缺乏法規清晰度給投資加密貨幣的公司帶來了較大的負擔。

Michael Saylor vs. Peter Schiff: A Clash of Financial Philosophies

邁克爾·塞勒（Michael Saylor）vs.彼得·希夫（Peter Schiff）：一系列財務哲學

The debate surrounding Bitcoin as a corporate asset continues to divide financial experts. On one side, Michael Saylor champions Bitcoin as digital gold, arguing that it is superior to traditional fiat currencies and offers long-term protection against inflation. He believes U.S. companies should quickly convert their cash reserves into Bitcoin to avoid the rapid depreciation of the dollar.

圍繞比特幣作為公司資產的辯論繼續劃分財務專家。一方面，邁克爾·塞勒（Michael Saylor）冠軍比特幣（Bitcoin）是數字黃金，認為它優於傳統菲亞特貨幣，並為通貨膨脹提供了長期保護。他認為，美國公司應迅速將現金儲備轉換為比特幣，以避免迅速貶值美元。

On the other side, Peter Schiff and other critics dismiss Bitcoin as a speculative bubble with no fundamental value. They suggest that the cryptocurrency hype is largely driven by a small group of investors who are trying to pump up the price of Bitcoin.

另一方面，彼得·希夫（Peter Schiff）和其他批評家將比特幣視為一種投機性泡沫，沒有基本價值。他們認為，加密貨幣炒作在很大程度上是由試圖提高比特幣價格的一小群投資者驅動的。

GameStop's decision to invest in Bitcoin is part of a broader trend of companies experimenting with cryptocurrency strategies. However, whether this strategy will pay off remains to be seen.

GameStop投資比特幣的決定是公司嘗試加密貨幣策略的更廣泛趨勢的一部分。但是，該策略是否會得到回報還有待觀察。

The Bottom Line: Will Cryptocurrency Define Corporate Finance?

最重要的是：加密貨幣會定義公司融資嗎？

As cryptocurrencies continue to evolve, their role in corporate investment strategies will be closely watched by financial analysts and investors alike. While some believe cryptocurrencies will revolutionize corporate finance, others are skeptical of their long-term viability.

隨著加密貨幣的不斷發展，財務分析師和投資者都將密切關注其在公司投資策略中的作用。儘管有些人認為加密貨幣將徹底改變公司融資，但另一些人則對它們的長期生存能力持懷疑態度。

Ultimately, the market will determine whether cryptocurrencies become a mainstream corporate asset or remain a speculative experiment.

最終，市場將確定加密貨幣是否成為主流公司資產或仍然是投機實驗。