這個百萬富翁製造商的加密貨幣繼續在激增，不會停止

在所有具有鑄造百萬富翁的加密貨幣中，比特幣（BTC-USD）必須位於名單的頂部。

Bitcoin (BTC-USD) has minted plenty of millionaires over the years, making it one of the most rewarding (and risky) investments of all time.

多年來，比特幣（BTC-USD）鑄造了大量百萬富翁，使其成為有史以來最有意義（和風險的）投資之一。

Of course, Bitcoin’s recent performance has been lackluster, with the token trading around $95,000 at the time of writing. This move lower has led many investors to question whether there’s more downside ahead, or if the surge we’ve seen play out over the past two years can continue.

當然，比特幣最近的表現平淡無奇，在撰寫本文時，令牌交易約為95,000美元。較低的舉動導致許多投資者質疑是否有更多缺點，或者我們在過去兩年中看到的激增是否可以繼續進行。

I’m going to highlight a few of the talking heads who believe the answer to this question is yes, and a number of the factors that could lead to a continued surge higher from here.

我將突出一些會說話的人，他們相信這個問題的答案是肯定的，許多因素可能會導致從這裡持續增長。

For those looking for an asset with an incredibly long track record of continued growth, Bitcoin is certainly a millionaire-maker token worth considering. Here’s more on the bull case behind Bitcoin, and why its recent move higher may be longer-lasting than many think.

對於那些尋求具有令人難以置信的持續增長記錄的資產的人來說，比特幣無疑是值得考慮的百萬富翁代幣。這更多的是比特幣背後的公牛案，以及為什麼最近的舉動比許多人想像的要長。

MicroStrategy Continues to Add to Bitcoin Hoard

MicroStrategy繼續增加比特幣ho積

Those who follow Bitcoin closely will know that MicroStrategy (NASDAQ:MSTR) is perhaps the world’s largest institutional holder of Bitcoin. The software company’s recent strategic shift to becoming a leveraged play on Bitcoin is one that’s clearly worked for Saylor and his team.

那些密切關注比特幣的人會知道，MicroStrategy（NASDAQ：MSTR）可能是世界上最大的比特幣機構持有人。該軟件公司最近邁向比特幣上的槓桿作用的戰略轉變，這顯然對Saylor及其團隊有用。

Indeed, the value of MSTR stock has skyrocketed more than 300% over the past year and a whopping 1,800% over the past five years, indicative of the value investors are clearly placing in the company’s debt-driven Bitcoin purchase program.

實際上，過去一年中，MST股票的價值飆升了300％以上，在過去五年中飆升了1,800％，這表明投資者的價值顯然已列入該公司的債務驅動的比特幣購買計劃。

CEO Michael Saylor (pictured above) could be perhaps the worlds’ most ardent Bitcoin bull. That’s saying a lot, considering the number (and status) of many top talking heads and pundits in the crypto realm.

首席執行官邁克爾·塞勒（Michael Saylor）（上圖）也許是世界上最熱心的比特幣公牛。考慮到加密貨幣領域中許多頂級人物和專家的數量（和狀態）的數量（和狀態）。

Saylor has continued full steam ahead with this approach, continuing to issue shares and new debt to fund his Bitcoin purchases.

塞勒（Saylor）一直以這種方法為前進，繼續發行股票和新債務，以資助他的比特幣購買。

MicroStrategy recently acquired another $1.1 billion worth of Bitcoin, raising the company’s total holdings to 461,000 BTC (at an average price of $63,610). Michael Saylor hinted at the announcement on X, sharing photos with Eric Trump, David Sacks, and Robert Kennedy Jr.

MicroStrategy最近再收購了價值11億美元的比特幣，將公司的總持股量提高到461,000 BTC（平均價格為63,610美元）。邁克爾·賽勒（Michael Saylor）暗示了X上的宣布，與Eric Trump，David Sacks和Robert Kennedy Jr.共享照片。

MicroStrategy’s recent strategic shift has other companies re-thinking how they want to deploy their excess cash, and which investments may be feasibly included on their balance sheets. If more corporate and institutional capital continues to flow into Bitcoin, investors will continue to have a strong long-term catalyst to support a bullish investment thesis moving forward.

MicroStrategy最近的戰略轉變使其他公司重新思考了他們希望如何部署其超額現金，並且可能會在其資產負債表中包含哪些投資。如果更多的公司和機構資本繼續流入比特幣，投資者將繼續擁有強大的長期催化劑，以支持看漲的投資論文的發展。

The Trump Effect

特朗普的效果

Perhaps the most important catalyst for Bitcoin (and all cryptocurrencies for that matter) in recent months has been the re-election victory of president Donald Trump.

近幾個月來，比特幣（以及所有加密貨幣）最重要的催化劑也許是唐納德·特朗普總統的連任勝利。

The re-elected president is set tone the most pro-crypto president of all-time, expected to put forward a number of regulatory frameworks in place that should benefit Bitcoin and the overall crypto investing landscape moving forward.

再次當選的總統是有史以來最親密的總統，預計將提出許多監管框架，這些監管框架應受益於比特幣和整體加密貨幣投資景觀的前進。

The ultimate breadth and precise actions the Trump administration is likely to take are yet unknown. That said, there’s plenty of room for speculation about what to come, with Trump indicating a strategic Bitcoin reserve is likely part of the long-term strategy. Recently, Trump signed an executive order establishing a Presidential Working Group on Digital Assets to develop a regulatory framework and a national digital asset stockpile, potentially paving the way for a Bitcoin reserve.

特朗普政府可能採取的最終廣度和確切行動尚不清楚。也就是說，關於即將發生的事情有足夠的猜測空間，特朗普表明戰略比特幣儲備很可能是長期戰略的一部分。最近，特朗普簽署了一項行政命令，建立了一個關於數字資產的總統工作組，以開發監管框架和國家數字資產庫存，這可能為比特幣儲備鋪平了道路。

Notably, this order also bans Central Bank Digital Currencies (CBDCs) and reverses previous digital asset policies from the Biden administration. That’s bullish for Bitcoin, given its widespread view as a safe haven asset and a store of value.

值得注意的是，該命令還禁止中央銀行數字貨幣（CBDC），並從拜登管理局（Biden Administment）撤銷了以前的數字資產政策。鑑於比特幣是避風港資產和價值存儲的廣泛看法，這是對比特幣的看漲。

President Trump pledged to use U.S. energy reserves to boost manufacturing and make the nation a global leader in AI and crypto. He also proposed cutting interest rates, potentially driving Bitcoin higher by encouraging increased investment in risk assets.

特朗普總統承諾利用美國能源儲備來促進製造業，並使該國成為AI和Crypto的全球領導者。他還提出降低利率，通過鼓勵增加風險資產的投資來推動比特幣更高。

Bitcoin Still Looks Like a Long-Term Buy

比特幣看起來仍然是長期購買的

Let’s be honest – no one really knows where the price of Bitcoin is headed from here. Michael Saylor and other talking heads continue to tout sky-high price targets for the world’s largest cryptocurrency.

老實說 - 沒有人真正知道比特幣從這裡朝哪一貨物出發的價格。邁克爾·塞勒（Michael Saylor）和其他說話的頭繼續為世界上最大的加密貨幣宣傳高價目標。

The thing is, over the long-term, investors have broadly benefited from owning Bitcoin (outside of those who sold during downturns in the market). This is an asset class that’s consistently made new highs after correcting (often steeply), so the latest dip toward $95,000 is one that many are viewing as a buying opportunity for good reason.

事實是，從長遠來看，投資者從擁有比特幣（在市場上低迷時出售的人）中受益匪淺。這是一種資產類別，在糾正（通常很陡峭）後一直在新的高點，因此，最新傾向95,000美元是許多人認為這是一個有充分理由的購買機會。

We’ll have to see what ultimately comes out of the Trump administration, and if Bitcoin can retain its standing as what many view as a reserve asset, at least for now. But one thing is for certain – there are more upside catalysts than downside catalysts right now.

我們必須看看特朗普政府最終會發生什麼，如果比特幣能夠保持其地位，那麼至少目前，許多人將其視為儲備資產。但是可以肯定的是，現在有更多的催化劑比現在的下行催化劑更多。

Until this bull market screeches to a stop (and investors can see how Bitcoin performs in a downturn), this is an asset that looks worth riding to new all-time highs over time.

直到這個牛市尖叫到停下來（投資者可以看到比特幣在低迷中的表現），這是一項看起來值得乘坐新歷史高峰的資產。