儘管第一季虧損，MicroStrategy仍加倍押注比特幣

軟體公司 MicroStrategy 在 4 月收購了更多比特幣，增強了對比特幣的信任。此舉反映了該公司對加密貨幣的持續信心，但未能阻止第一季大幅淨虧損。我們研究了 MicroStrategy 的比特幣投資及其 2024 年第一季的財務業績，以解決其對數位資產的持續信念，同時應對財務挑戰。

MicroStrategy's Unwavering Faith in Bitcoin Despite Net Loss

儘管淨虧損，MicroStrategy 對比特幣的堅定信心

Software giant MicroStrategy, a staunch advocate for Bitcoin, has once again demonstrated its unwavering belief in the cryptocurrency by purchasing an additional 122 BTC in April. This acquisition brings MicroStrategy's total Bitcoin holdings to a staggering 214,400, cementing its position as the largest institutional holder of Bitcoin.

軟體巨頭 MicroStrategy 是比特幣的堅定擁護者，在 4 月額外購買了 122 個比特幣，再次表明了其對加密貨幣堅定不移的信念。此次收購使 MicroStrategy 的比特幣總持有量達到驚人的 214,400 枚，鞏固了其作為比特幣最大機構持有者的地位。

Despite the company's bold move, financial challenges persisted in the first quarter of 2024, resulting in a significant net loss of $53.1 million. This loss represents a tenfold increase from the previous year and is primarily attributed to crypto asset impairment losses. Revenues also declined by 5.5% compared to the first quarter of 2023, falling to $115.2 million.

儘管該公司採取了大膽舉措，但 2024 年第一季財務挑戰依然存在，導致淨虧損 5,310 萬美元。這一損失比前一年增加了十倍，主要歸因於加密資產減損損失。營收也較 2023 年第一季下降 5.5%，降至 1.152 億美元。

Nonetheless, MicroStrategy's commitment to Bitcoin remains resolute. The company's average purchase price of $35,180 per Bitcoin for its massive hoard indicates a long-term investment strategy. Andrew Kang, MicroStrategy's Chief Financial Officer, emphasized the significance of the acquisition, marking the 14th consecutive quarter of Bitcoin accumulations. This unwavering dedication underscores the company's deep-rooted belief in Bitcoin's long-term potential.

儘管如此，MicroStrategy 對比特幣的承諾仍然堅定。該公司的大量比特幣平均購買價格為每枚 35,180 美元，這表明了該公司的長期投資策略。 MicroStrategy 財務長 Andrew Kang 強調了收購的重要性，標誌著比特幣連續第 14 季增持。這種堅定不移的奉獻精神凸顯了該公司對比特幣長期潛力的根深蒂固的信念。

However, MicroStrategy's bullish stance on Bitcoin coincides with a period of financial difficulties. The first quarter report revealed a 5.5% decline in total revenue compared to the previous year. Despite a 22% increase in subscription services revenue, the company incurred a net loss of $53.1 million, primarily due to a $191.6 million Bitcoin impairment charge. Additionally, there was a significant increase in operating expenses by 152.8%.

然而，MicroStrategy 對比特幣的看漲立場恰逢一段財務困難時期。第一季報告顯示，總收入較前一年下降5.5%。儘管訂閱服務收入成長了 22%，但該公司仍出現 5,310 萬美元的淨虧損，主要是因為 1.916 億美元的比特幣減損費用。此外，營運費用大幅增加152.8%。

Undeterred by these financial setbacks, MicroStrategy remains true to its strategy. The recent approval of spot Bitcoin exchange-traded products (ETPs) adds to the company's optimism and points to a potential influx of institutional investment into the crypto market. This development could unlock significant growth opportunities in the future.

MicroStrategy 沒有被這些財務挫折嚇倒，仍然堅持其策略。最近比特幣現貨交易所交易產品（ETP）的批准增加了該公司的樂觀情緒，並表明機構投資可能湧入加密市場。這一發展可以在未來釋放巨大的成長機會。

Michael Saylor, the visionary former CEO of MicroStrategy, continues to champion the company's Bitcoin acquisition strategy. Emphasizing a long-term investment approach, he sees Bitcoin holdings as a vital hedge against inflation. Highlighting the success of this strategy, Saylor noted a remarkable 937% increase in MicroStrategy's stock price since August 2020, outpacing both Bitcoin's 435% growth and the S&P 500's 52% appreciation.

MicroStrategy 富有遠見的前執行長 Michael Saylor 繼續支持該公司的比特幣收購策略。他強調長期投資方法，認為持有比特幣是對沖通貨膨脹的重要手段。 Saylor 強調了這項策略的成功，他指出，自 2020 年 8 月以來，MicroStrategy 的股價上漲了 937%，超過了比特幣 435% 的成長和標準普爾 500 指數 52% 的升值。

In conclusion, MicroStrategy's unwavering commitment to Bitcoin, despite short-term financial challenges, reflects a deep-seated belief in the cryptocurrency's long-term potential. The company's strategic acquisitions and unwavering support for the asset position it as a leading advocate for Bitcoin and a testament to the growing institutional adoption of the digital gold.

總而言之，儘管存在短期財務挑戰，MicroStrategy 對比特幣的堅定承諾反映了對加密貨幣長期潛力的根深蒂固的信念。該公司的策略性收購和對該資產的堅定支持使其成為比特幣的主要倡導者，並證明了機構越來越多地採用數位黃金。