邁克爾·塞勒（Michael Saylor）的比特幣帝國：MicroStrategy聯合創始人Graces Forbes封面建立了一家比特幣代理公司

該專題文章今天發表的是，薩勒（Saylor）編年史，建立一些人稱之為他的比特幣代理公司的旅程，這一願景是由於他公司在BTC上的持續投資所推動的。

Co-founder of MicroStrategy and a key figure in the cryptocurrency realm, Michael Saylor, has graced the cover of Forbes Magazine in a move that underscores the growing influence of the digital asset market.

MicroStrategy的聯合創始人和加密貨幣領域的關鍵人物Michael Saylor在此舉中增添了福布斯雜誌的封面，這強調了數字資產市場的日益增長的影響。

The feature article, released on Friday, chronicles Saylor’s journey toward building a Bitcoin proxy company, a vision that has been realized through his company’s continuous investment in BTC.

該專題文章於週五發表，記載了Saylor邁向建立比特幣代理公司的旅程，這一願景是通過其公司在BTC上的不斷投資實現的。

Highlighting a pivotal moment in the cryptocurrency landscape, the article notes that following the US Securities and Exchange Commission’s (SEC) approval of Bitcoin ETFs last year, the price of Bitcoin soared, increasing by more than 100% over the span of 12 months and breaking the critical $100,000 mark in early December.

文章指出，在加密貨幣景觀中突出了一個關鍵時刻，該文章指出，在美國證券交易委員會（SEC）批准比特幣ETF之後，比特幣的價格飆升，在12個月內增長了100％以上12月初的關鍵$ 100,000。

This surge also coincided with the entry of MicroStrategy into the Nasdaq 100, which further drove up demand for the company’s stock, which has skyrocketed by over 700% in the past year.

這次激增還與將MicroStrategy進入納斯達克100號相吻合，這進一步推動了對公司股票的需求，在過去的一年中，該公司的股票增長了700％以上。

The company now boasts a stash of 471,107 Bitcoin, making it the largest holder outside of Satoshi Nakamoto, who is believed to possess around 1 million tokens.

該公司現在擁​​有471,107個比特幣的藏匿處，使其成為Nakamoto Satoshi Nakamoto以外的最大持有人，據信他擁有約100萬個令牌。

Michael Saylor’s personal wealth has also seen a dramatic rise, climbing from $1.9 billion to $9.4 billion in just over a year.

邁克爾·塞勒（Michael Saylor）的個人財富也急劇上升，一年多起從19億美元攀升至94億美元。

In his interview with Forbes, Saylor commented on the matter, stating:

塞勒在接受《福布斯》採訪時對此事發表了評論，指出：

People think that’s crazy. How can such a small company have that liquidity? It’s because we put a crypto reactor in the middle of the company, pull capital in and then we spin it. That puts volatility in the equity, and that makes our options and convertible bonds the most interesting and highest-performing in the market.

人們認為那太瘋狂了。這麼小的公司如何流動性？這是因為我們在公司中間放了一個加密反應器，將資本插入，然後我們將其旋轉。這使股本波動，這使我們的選擇權和敞篷債券成為市場上最有趣，表現最高的。

Highlighting a clear advantage, Michael Saylor articulates the benefits of the convertible bonds issued by MicroStrategy, which have yielded impressive results since 2021.

邁克爾·塞勒（Michael Saylor）強調了明顯的優勢，闡明了MicroStrategy發行的可轉換債券的好處，MicroStrategy自2021年以來取得了令人印象深刻的結果。

The company’s six convertible notes, maturing from 2027 to 2032, feature interest rates as low as 0% to 2.25%.

該公司的六張可轉換票據從2027年到2032年，其利率低至0％至2.25％。

In a bond market that is increasingly饑渴 for yield due to a surge in private credit, MicroStrategy’s bonds have emerged as an attractive vehicle for institutional investors seeking to enter the digital asset space. Notably, these bonds have delivered returns that are in excess of 250% since their issuance.

在越來越多的債券市場中，由於私人信貸的激增，債券的收益率越來越多，MicroStrategy的債券已成為尋求進入數字資產領域的機構投資者的有吸引力的工具。值得注意的是，這些債券已發行以來的回報超過250％。

However, Saylor is also acutely aware of the risks involved. “If the price of Bitcoin plummets, MicroStrategy’s stock will fall harder and faster than the token itself,” he cautions.

但是，Saylor也敏銳地意識到所涉及的風險。他警告說：“如果比特幣的價格下降，微觀流通的庫存將比令牌本身更嚴重，更快。”

Despite the risks, Michael Saylor remains undeterred. His company has positioned itself as “the world’s first and largest Bitcoin Treasury,” a title that reflects not only ambition but a strategic pivot that many are now beginning to emulate.

儘管有風險，邁克爾·塞勒（Michael Saylor）仍然不受歡迎。他的公司將自己定位為“世界上第一個也是最大的比特幣財政部”，這個標題不僅反映了野心，而且反映了許多人現在開始模仿的戰略樞紐。

While being a significant development for the industry, the last time a prominent figure from the crypto industry graced the Forbes cover, it preceded a significant catastrophe: Sam Bankman-Fried's appearance shortly before the collapse of FTX in 2022.

儘管這是該行業的重大發展，但加密貨幣行業的傑出人物為福布斯的覆蓋率增添了良好的增光，這是一場巨大的災難：山姆·班克曼（Sam Bankman）在2022年FTX崩潰之前的出現不久。

Should any issues arise with Michael Saylor or MicroStrategy’s operations or holdings, the repercussions could be substantial.

如果邁克爾·塞勒（Michael Saylor）或邁克斯蒂（Microstrategy）的業務或持股發生任何問題，那麼影響可能會很大。

Such developments could lead to a sharp decline in Bitcoin’s price and adversely affect the broader cryptocurrency market.

這樣的發展可能導致比特幣價格急劇下降，並對更廣泛的加密貨幣市場產生不利影響。

Given MicroStrategy’s position as one of the largest holders of Bitcoin, any negative news could trigger panic selling and erode investor confidence, potentially resulting in a cascading effect across various digital assets.

鑑於MicroStrategy作為比特幣最大的持有人之一的地位，任何負面消息都可能引發恐慌銷售並侵蝕投資者的信心，從而可能導致各種數字資產的級聯效應。

Featured image from Forbes, chart from TradingView.com

來自《福布斯》的特色圖像，tradingview.com的圖表