MicroStrategy 擴大股權結構以增強比特幣持有量

MicroStrategy 是一家領先的商業智慧企業，它已開始了一項雄心勃勃的旅程，以加深其對加密貨幣領域的參與。最近，股東以壓倒性多數批准將授權 A 類普通股擴大 30 倍，這項策略決策旨在提高公司收購更多比特幣的能力。

business intelligence firm MicroStrategy has taken a bold step to enhance its involvement in the cryptocurrency landscape. At a recent shareholder meeting, an overwhelming majority voted to expand the company’s authorized Class A common shares by 30 times, a strategic decision aimed at boosting MicroStrategy’s capacity to acquire more Bitcoin. This move and its implications are unpacked below.

商業智慧公司 MicroStrategy 採取了大膽的一步，以加強其在加密貨幣領域的參與。在最近的一次股東大會上，絕大多數人投票決定將公司授權的 A 類普通股擴大 30 倍，這項策略決策旨在提高 MicroStrategy 收購更多比特幣的能力。這項舉措及其影響如下。

MicroStrategy, known for its business intelligence software and cloud-based services, has been making waves in the crypto world with its massive investments in Bitcoin. The company began allocating its treasury reserves to the cryptocurrency in August 2020, and as of March 2023, it holds about 132,500 BTC, valued at over $4 billion at current prices.

MicroStrategy 以其商業智慧軟體和基於雲端的服務而聞名，透過對比特幣的大量投資，一直在加密世界掀起波瀾。該公司於 2020 年 8 月開始將庫存儲備配置為加密貨幣，截至 2023 年 3 月，持有約 132,500 枚 BTC，以當前價格計算價值超過 40 億美元。

Now, the firm is setting the stage for further expansion of its Bitcoin holdings. At the shareholder meeting on March 24, a proposal to increase the number of authorized Class A common shares was met with resounding approval. This will allow MicroStrategy to issue a significant number of new shares, opening up the possibility for the company to raise substantial capital.

現在，該公司正在為進一步擴大其比特幣持有量奠定基礎。在3月24日的股東大會上，增加授權A類普通股數量的提案獲得了一致通過。這將使 MicroStrategy 能夠發行大量新股，為公司籌集大量資金提供了可能性。

Proceeds from the sale of these new shares could then be used to acquire more Bitcoin, enabling MicroStrategy to continue adding to its already impressive cryptocurrency holdings. This move is a testament to the company’s bullish stance on Bitcoin and its commitment to its digital asset strategy.

出售這些新股的收益可用於購買更多比特幣，使 MicroStrategy 能夠繼續增加其本已令人印象深刻的加密貨幣持有量。此舉證明了該公司對比特幣的看漲立場及其對其數位資產策略的承諾。

The overwhelming vote also indicates strong support from shareholders for the company’s direction in the crypto realm. This shows that investors are largely confident in MicroStrategy’s investment strategy and its focus on digital assets like Bitcoin.

壓倒性的投票也顯示股東對公司在加密領域方向的大力支持。這表明投資者對 MicroStrategy 的投資策略及其對比特幣等數位資產的關注充滿信心。

However, it's important to note that this strategy also exposes MicroStrategy to significant market risks, given Bitcoin’s inherent price volatility and the potential for downturns in the cryptocurrency market. Additionally, a rapid increase in the number of authorized shares may lead to dilution of existing shareholder value if not managed carefully.

然而，值得注意的是，鑑於比特幣固有的價格波動性以及加密貨幣市場可能出現的低迷，這項策略也使 MicroStrategy 面臨重大市場風險。此外，如果管理不當，授權股份數量的快速增加可能會導致現有股東價值的稀釋。

In recent years, several corporate entities have begun exploring Bitcoin as a key element of their investment portfolios. As cryptocurrencies gain greater traction and demonstrate their potential for high returns, we can expect to see more companies integrate digital currencies into their financial strategies.

近年來，一些企業實體已經開始探索比特幣作為其投資組合的關鍵要素。隨著加密貨幣獲得更大的吸引力並展示其高回報潛力，我們預計將看到更多公司將數位貨幣納入其財務策略。

This could lead to a broader acceptance of cryptocurrencies in traditional finance and a shift in the way that corporations perceive and utilize these digital assets.

這可能會導致傳統金融領域更廣泛地接受加密貨幣，並改變企業感知和利用這些數位資產的方式。