邁克爾·塞勒（Michael Saylor）比特幣戰略：執行董事長長期押注數字黃金

塞勒（Saylor）是公司領導者中最響亮的比特幣最大愛好者之一，因此他的聲明“沒有橙色點的關稅”以一波猜測打入了市場。

Executive chairman of Strategy (formerly MicroStrategy) (Nasdaq: MSTR) Michael Saylor created another enigmatic post on X (formerly Twitter) on April 13.

邁克爾·塞勒（Michael Saylor）邁克爾·塞勒（Michael Saylor）於4月13日在X（以前為Twitter）上創建了另一個神秘的帖子。

Saylor is one of the loudest Bitcoin max enthusiasts among corporate leaders, so his statement "No tariffs on orange dots" hit the market with a wave of speculation. The statement "No tariffs on orange dots" may point to Strategy's plans for a substantial Bitcoin purchase.

塞勒（Saylor）是公司領導者中最響亮的比特幣最大發燒友之一，因此他的聲明“沒有橙色點的關稅”散發出了一波猜測。聲明“沒有橙色的關稅”可能指出了策略購買大量比特幣的計劃。

Earlier this year, Strategy’s BTC purchases were plotted on charts as “orange dots” by crypto enthusiasts.

今年早些時候，加密愛好者將策略的BTC購買繪製為“橙色點”。

According to an announcement on March 31, Strategy acquired 528,185 BTC. At the time of the purchase at the beginning of 2025, it was estimated to be worth $38 billion.

根據3月31日的公告，戰略收購了528,185 BTC。在2025年初購買時，估計價值380億美元。

During the market downturn, Saylor purchased 22,048 BTC, which at the time of writing is valued at almost $1.9 billion. This showcases the long-term Bitcoin strategy and buy-the-dip method that Saylor is using.

在市場低迷時期，塞勒購買了22,048 BTC，在寫作時，該BTC的價值接近19億美元。這展示了Saylor正在使用的長期比特幣策略和購買浸入方法。

Saylor is a huge fan of Bitcoin and often speaks about the cryptocurrency. Since 2020, Saylor has stated on several occasions that Bitcoin has the properties of digital gold while presenting greater value than fiat currencies in times of currency devaluation.

Saylor是比特幣的忠實擁護者，經常談論加密貨幣。自2020年以來，塞勒（Saylor）在幾次中指出，比特幣具有數字黃金的特性，同時在貨幣貶值時具有比法定貨幣更高的價值。

In periods of economic instability, inflation growth and worldwide political conflicts, Bitcoin functions as a hedge strategy, although it remains highly risky because of its volatility.

在經濟不穩定時期，通貨膨脹增長和全球政治衝突的時期，比特幣是對沖策略，儘管由於其波動性仍然很高。

The executive leadership of Saylor converted Strategy from an analytical software provider into an entity recognized as the biggest public investor of Bitcoin. The firm continues its core analytics software business and Bitcoin is the primary asset in its financial holdings.

Saylor的執行領導將戰略從分析軟件提供商轉變為一個被公認為比特幣公共投資者的實體。該公司繼續其核心分析軟件業務，比特幣是其財務持有的主要資產。

This makes Strategy one of the most observed companies in the crypto sphere as it adopts an experimental approach which receives both positive and negative reactions from market observers.

這使得戰略成為加密貨幣領域中最受觀察到的公司之一，因為它採用了一種實驗方法，該方法從市場觀察者那裡獲得正面反應和負面反應。

The timing of Saylor’s current statement is also interesting. The fourth Bitcoin halving event reduced mining rewards from 6.25 BTC to 3.125 BTC.

Saylor當前陳述的時機也很有趣。第四個比特幣減半事件將採礦獎勵從6.25 BTC降低到3.125 BTC。

The past has shown that such price spikes often ignite future major bull markets while institutional investors are actively increasing their interest.

過去表明，這種價格峰值通常會激發未來的主要牛市，而機構投資者正在積極增加其興趣。

Bitcoin has become an accepted mainstream asset class after the U.S. approved spot Bitcoin ETFs which in turn triggered increased demand.

在美國批准的現場比特幣ETF之後，比特幣已成為公認的主流資產類別，這反過來觸發了需求的增加。

Chart 1- Analyzed on April 14, 2025

圖1-分析於2025年4月14日

As seen in the above chart, Bitcoin prices experience significant market booms again due to the actions that Saylor communicates on his Twitter.

從上圖中可以看出，由於塞勒在他的Twitter上交流的行動，比特幣價格再次出現了明顯的市場繁榮。

Past announcements by Saylor have induced temporary market price increases while some market players use his company’s movements to carry out purchases.

塞勒（Saylor）過去的公告引起了臨時市場價格上漲，而某些市場參與者則使用公司的動作進行購買。

The perception of Strategy as a major player brings greater price fluctuations to the crypto market.

對戰略作為主要參與者的看法為加密貨幣市場帶來了更大的價格波動。

Saylor’s business strategy has successfully promoted the message that Bitcoin should be included in corporate accounting records.

Saylor的業務策略成功地推廣了一個信息，即比特幣應包括在公司會計記錄中。

Other than Strategy, the purchase agreement was followed by Tesla (NASDAQ:TSLA) and Block (NYSE:SQ), who joined the market in a more restrained fashion.

除策略外，採購協議之後是特斯拉（NASDAQ：TSLA）和Block（NYSE：SQ），他們以更加約束的方式加入了市場。

Another confirmed major Bitcoin purchase by companies could restart corporate Bitcoin adoption while traditional financial groups are showing increasing interest toward crypto.

公司的另一個確認的主要比特幣購買可以重新啟動公司比特幣的採用，而傳統金融集團對加密貨幣的興趣越來越高。

Will Michael Saylor’s actions push the Bitcoin price to new highs?

邁克爾·塞勒（Michael Saylor）的行動會將比特幣價格推向新高點嗎？

The positive outlooks come with associated dangers. The strategic plan depends heavily on one strategic asset but critics see this high concentration as dangerous.

積極的前景帶來了相關的危險。戰略計劃在很大程度上取決於一種戰略資產，但批評家認為這種高集中度是危險的。

The long-term performance of Bitcoin has been positive but its short-term stability is still extremely unstable. A sudden price drop would affect both Strategy’s economic standing and its shareholders’ attitude.

比特幣的長期性能是積極的，但其短期穩定性仍然非常不穩定。突然的價格下跌將影響戰略的經濟地位及其股東的態度。

Moreover, regulatory uncertainty still looms. Crypto regulations across various countries are presented with inconsistent standards that may sometimes be viewed as hostile although the U.S. Securities and Exchange Commission (SEC) has eased its stance towards Exchange-Traded Fund (ETF) approvals.

此外，監管不確定性仍然隱約可見。儘管美國證券交易委員會（SEC）已減輕了對交易所交易基金（ETF）批准的立場，但各個國家的加密法規都具有不一致的標準，有時可能被視為敵對。

Any negative regulatory changes would affect Bitcoin prices as well as the business strategies institutions create that depend on Bitcoin.

任何負面的監管變化都會影響比特幣價格以及依賴比特幣的業務策略。

Will Michael Saylor Bitcoin moves continue to dominate market trends?

邁克爾·塞勒（Michael Saylor）比特幣的舉動會繼續佔據市場趨勢嗎？

Although whether Saylor is indeed making another major Bitcoin acquisition remains to be seen, the collective message shows Strategy’s continued commitment to Bitcoin ownership.

儘管Saylor是否確實在進行另一個主要的比特幣獲取尚待觀察，但集體信息表明策略對比特幣所有權的持續承諾。

Companies are more likely to invest in Bitcoin beyond speculative usage as a strategic financial reserve in times of economic challenges and the crypto markets advance.

在經濟挑戰時期和加密貨幣市場的前進，公司更有可能投資於投機性用法以外的戰略金融儲備。

The market will continue to follow Michael Saylor’s cryptocurrency actions and his cryptic posts.

市場將繼續遵循邁克爾·塞勒（Michael Saylor）的加密貨幣行動和他的神秘帖子。

The modern cryptocurrency environment shows undeniable signs that Saylor’s leadership has largely impacted its progress whatever your opinions may be about his broad perspective.

現代的加密貨幣環境表明，不可否認的是，塞勒的領導能力在很大程度上影響了它的進步，無論您對他的廣泛觀點的看法如何。