MicroStrategy 的比特幣賭注：仍然是贏家嗎？

MicroStrategy's Bitcoin Gambit: Still a Winner?

MicroStrategy 的比特幣策略：仍然是贏家嗎？

As Bitcoin (BTC) rallies towards the $71,000 mark, Michael Saylor, the architect behind MicroStrategy's Bitcoin bonanza, remains steadfast in his conviction. The famed investor took to Twitter to declare, "still betting on Bitcoin."

隨著比特幣 (BTC) 漲向 71,000 美元大關，MicroStrategy 比特幣財富背後的架構師 Michael Saylor 仍然堅信自己的信念。這位著名投資者在推特上宣布，「仍在押注比特幣」。

Is Bitcoin's Price Action Sustainable?

比特幣的價格走勢可持續嗎？

Bitcoin has clawed back above $71,000, defying the recent outflow from U.S. ETFs. Despite the shedding of nearly $900 million from Bitcoin ETF coffers, the largest cryptocurrency remains resilient. The contagion, however, does not spare all corners of the ETF universe, with Grayscale's mammoth Bitcoin Trust experiencing persistent outflows and BlackRock and Fidelity facing subdued demand for their offerings. But with Bitcoin trading above $71,000 and most digital assets in the green, the question lingers: is this upswing sustainable?

比特幣已反彈至 71,000 美元上方，無視近期美國 ETF 的資金流出。儘管比特幣 ETF 金庫損失了近 9 億美元，但這最大的加密貨幣仍保持彈性。然而，這種蔓延並沒有波及 ETF 領域的各個角落，灰階旗下龐大的比特幣信託基金持續出現資金外流，而貝萊德和富達則面臨對其產品的需求疲軟。但隨著比特幣交易價格超過 71,000 美元，大多數數位資產都呈現綠色，問題仍然存在：這種上漲是否可持續？

Are Crypto-Related Stocks a Proxy for Bitcoin's Performance?

加密貨幣相關股票是比特幣表現的代表嗎？

The positive correlation between Bitcoin's price action and the performance of crypto-related equities persists. MicroStrategy, the epitome of corporate Bitcoin adoption, has seen its stock surge by 20%. Coinbase Global, the digital asset exchange behemoth, has leaped by 9% and Marathon Digital, a Bitcoin miner, has gained 5%. This symbiosis suggests that crypto-related stocks are a barometer of Bitcoin's market sentiment.

比特幣的價格走勢與加密貨幣相關股票的表現之間的正相關性仍然存在。 MicroStrategy 是企業採用比特幣的縮影，股價已飆升 20%。數位資產交易巨頭 Coinbase Global 股價上漲 9%，比特幣礦商 Marathon Digital 股價上漲 5%。這種共生表明，加密貨幣相關股票是比特幣市場情緒的晴雨表。

MicroStrategy's Bitcoin Prowess: A Strategic Masterstroke or a Gamble Gone Wrong?

MicroStrategy 的比特幣實力：戰略妙招還是錯誤的賭博？

MicroStrategy's mammoth Bitcoin holdings have catapulted it to the forefront of corporate Bitcoin investment. Its $7.6 billion Bitcoin portfolio, comprising approximately 1% of all Bitcoins in circulation, is a testament to Saylor's unwavering belief in the digital gold. Despite Bitcoin's price gyrations, Saylor has remained bullish, reiterating his conviction in Bitcoin's long-term potential.

MicroStrategy 持有的巨額比特幣使其躋身企業比特幣投資的前列。其 76 億美元的比特幣投資組合約佔流通中比特幣總量的 1%，證明了 Saylor 對數位黃金堅定不移的信念。儘管比特幣價格波動，塞勒仍然看漲，重申了他對比特幣長期潛力的信念。

Is MicroStrategy's Bitcoin Gambit a Harbinger of Institutional Acceptance?

MicroStrategy 的比特幣策略是機構接受的先兆嗎？

MicroStrategy's audacious Bitcoin strategy has not only made the company a trailblazer in corporate crypto adoption but has also cast it as a beacon for other institutional investors contemplating the inclusion of cryptocurrencies in their portfolios. The institutional embrace of Bitcoin is gaining momentum, with Saylor's MicroStrategy serving as a catalyst for this tectonic shift in investment thinking.

MicroStrategy 大膽的比特幣策略不僅使該公司成為企業採用加密貨幣的先驅，而且還為其他考慮將加密貨幣納入其投資組合的機構投資者樹立了燈塔。機構對比特幣的接受度正在獲得動力，Saylor 的 MicroStrategy 成為投資思維結構性轉變的催化劑。