到2030年，大約四分之一的標準普爾500家公司將投資比特幣

標準普爾500指數上市的公司大約有四分之一將在2030年投資比特幣，財政部經理擔心如果錯過了潛在的比特幣收益，他們可能會失業

A partner at a tech-focused financial advisory firm said on Tuesday that he anticipates around a quarter of firms listed on the S&P 500 would have invested in Bitcoin by 2030, with treasury managers fearing they could lose their jobs if they missed out on potential Bitcoin gains.

一家以科技為重點的金融諮詢公司的合夥人周二表示，他預計到2030年，標準普爾500指數上市的四分之一的公司將投資於比特幣，財政經理擔心如果錯過了潛在的比特幣收益，他們可能會失業。

“I anticipate that by 2030, a quarter of the S&P 500 will have BTC somewhere on their balance sheets as a long-term asset,” said Elliot Chun, a partner at Architect Partners, in a March 28 blog post.

“我預計到2030年，標準普爾500指數的四分之一將以長期資產的資產負債表上的BTC，” Architect Partners的合夥人Elliot Chun在3月28日的博客文章中說。

Chun said this shift will be driven by treasury managers feeling compelled to at least experiment with Bitcoin (BTC) as they see their peers achieve success.

朱恩說，這種轉變將由財政部經理驅動，因為他們認為自己的同齡人取得了成功，他們至少被迫對比特幣（BTC）進行實驗。

Strategy (MSTR) is the largest corporate Bitcoin holder of all 89 public-traded firms that currently have Bitcoin on their balance sheets, according to data from BitcoinTreasuries.NET.

根據BitCoinTreasuries.net的數據，戰略（MSTR）是所有89家公共貿易公司的最大公司比特幣持有人，目前擁有比特幣。

One more firm could be added to the list after GameStop's $1.3 billion convertible notes offering on March 26, which the firm intends to use to buy its first batch of Bitcoin.

3月26日，GameStop的13億美元可轉換票據銷售後，該公司打算購買其第一批比特幣後，可以將另外一家公司添加到列表中。

Tesla and Block are the only S&P 500-listed firms that hold Bitcoin — meaning at least another 123 S&P 500 firms would need to invest in Bitcoin by 2030 for Chun’s prediction to be correct.

特斯拉（Tesla）和Block是唯一擁有比特幣的標準普爾500指名公司 - 這意味著到2030年，至少需要另外123家標準普爾500指數的公司投資比特幣，以使Chun的預測是正確的。

The top 10 largest corporate Bitcoin holders. Source: BitcoinTreasuries.NET

最大的十大公司比特幣持有人。資料來源：比特幣庫.net

Tech investors and execs expect Bitcoin to keep rising

科技投資者和高管期望比特幣繼續上升

Bitcoin could soar to the $500,000 to $1,000,000 range or even higher by 2030, according to the likes of ARK Invest CEO Cathie Wood, Galaxy Digital CEO Mike Novogratz, Coinbase CEO Brian Armstrong and Block CEO Jack Dorsey.

根據ARK Invest Cathie Wood，Galaxy Digital Ceo Mike Novogratz，Coinbase Coinbase首席執行官Brian Armstrong和Block Block Ceo Jack Dorsey等人的說法，比特幣可能會飆升至2030美元的$ 500,000至$ 1,000,000範圍，甚至到2030年更高。

Meanwhile, firms adopting Bitcoin treasury strategies have seen a positive impact on their share prices. Strategy, whose stock has surged over 2,000% since its first Bitcoin investment on Aug. 20, 2020 — massively outperforming Bitcoin (781.1%) and S&P 500 (64.8%) over that stretch.

同時，採用比特幣國庫策略的公司對其股價產生了積極影響。自2020年8月20日首次投資以來，其股票飆升了2000％以上，超過了比特幣（781.1％）和標準普爾500指數（64.8％）。

But there’s a big difference between firms that adopt Bitcoin for treasury diversification and risk management and those that restructure their entire business models to become the Bitcoin treasury leader within their industries, Chun said.

但是，採用比特幣進行國庫多元化和風險管理的公司與重組整個業務模式成為其行業中比特幣國庫領導者的公司之間存在很大的差異。

“Companies who are implementing this strategy in hopes of replicating MSTR’s performance are positioning for disappointment,” said Chun, who referred to Strategy as a “one-of-one.”

“正在實施這項策略的公司希望復制MSTR的表現使人失望，” Chun說，他將戰略稱為“一項”。

MSTR initially provided US asset managers exposure to Bitcoin at a time when they couldn’t hold Bitcoin directly. That changed when the Securities and Exchange Commission approved a handful of spot Bitcoin exchange-traded fund applications on Jan. 10, 2024.

最初，MSTR在無法直接持有比特幣的時候為美國資產經理提供了對比特幣的風險。當證券交易委員會於2024年1月10日批准了少數現貨比特幣交易所交易基金申請時，情況發生了變化。

Related: Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K

相關：當金價達到創紀錄的$ 3K時，比特幣與金的比率打破了12年的支持

Despite the increased adoption, Bitcoin used as a treasury asset is still an “unproven strategy” for firms hoping it will hedge against US dollar and fiat inflation or diversify their treasury for risk management purposes, Chun said.

Chun說，儘管採用的採用率增加，但比特幣用作財政資產仍然是“未經證實的策略”，對於希望它將對沖美元和法定通貨膨脹或為風險管理目的而多樣化的財政部的公司。

That said, Bitcoin is still a more flexible treasury asset than gold, according to Chun, who pointed out the challenges in storing and moving gold bars.

話雖如此，比特幣仍然比黃金更靈活，他指出了存儲和移動黃金條所面臨的挑戰。

On the other hand, Bitcoin is a digital commodity that is GAAP-recognized as a tangible asset with a fungible and liquid profile, he added.

他補充說，另一方面，比特幣是一種數字商品，被公認為具有可函件和液體概況的有形資產。

Earlier this month, crypto asset manager Bitwise launched Bitwise Bitcoin Standard Corporations ETF on March 11, which seeks to track companies with at least 1,000 Bitcoin in their corporate treasuries.

本月初，加密資產經理Bitwise於3月11日推出了比特幣標準公司ETF，該公司旨在追踪其公司國庫中至少有1,000個比特幣的公司。