策略（以前為MicroStrategy）成為最新購買後首家越過500K比特幣[BTC]持有的上市公司

策略（以前是MicroStrategy）成為最新購買後首家越過500K比特幣[BTC]持有的上市公司。

Strategy (formerly MicroStrategy) (NASDAQ: MSTR) became the first public company to cross 500K Bitcoin (BTC)holdings after the latest purchase.

策略（以前為MicroStrategy）（NASDAQ：MSTR）成為最新購買後首位越過500K比特幣（BTC）持有的上市公司。

The firm disclosed in a recent SEC filing that it acquired an extra 6,911 BTC at an average price of $846,367 for a total consideration of $584,208,000.

該公司在最近的SEC文件中透露，該公司以846,367美元的平均價格獲得了6,911 BTC的額外，總額為584,208,000美元。

According to the filing, the bitcoin purchases were funded by the recent stock sale.

根據文件，比特幣購買是由最近的股票銷售資助的。

“The bitcoin purchases (6,911 BTC) were made using proceeds from the Common ATM and the STRK ATM.”

“比特幣購買（6,911 BTC）是使用普通ATM和Strk ATM的收益進行的。”

To elaborate, the STRK units were sold in January to raise $750 million, while the Common ATM program saw the issuance of 1.2 million shares in February. Together, the two capital raisings could have generated nearly $1.2 billion of capital.

為了詳細說明，Strk單位於1月份出售，籌集了7.5億美元，而普通的ATM計劃則在2月發行了120萬股。這兩個資本籌款共同產生了近12億美元的資本。

The latest purchase brought Strategy’s BTC holdings to a staggering 506,137. As of March 24, the coins were worth $43.9 billion, or 2.4% of the total BTC supply (21M coins).

最新的購買使戰略的BTC持有量達到了驚人的506,137。截至3月24日，硬幣的價值為439億美元，佔BTC總供應總額的2.4％（2100萬硬幣）。

To put this in perspective, 492,750 BTC would be mined between now and March 25, 2028, just before the next halving.

考慮到這一點，將在下一個減半之前至2028年3月25日之間開採492,750 BTC。

Simply put, Strategy held more BTC than would ever be mined in the next three years.

簡而言之，戰略擁有的BTC比未來三年的開採要多。

MSTR as a Bitcoin beta

MSTR作為比特幣β

Since Strategy’s aggressive BTC approach in 2020, its share, MSTR, has been the largest beneficiary.

由於戰略在2020年對BTC進行了積極的BTC方法以來，其MSTR的份額一直是最大的受益人。

The stock was a major talking point among retail investors, especially during the 2024 stock market rally.

該股票是散戶投資者中的主要話題，尤其是在2024年股市集會期間。

Over the past five years, MSTR gained 2,115% while BTC, according to CoinGecko, rallied 638%. It outperformed the world’s largest cryptocurrency by 3.3X.

在過去的五年中，MSTR上漲了2,115％，而Coingecko稱，BTC上漲了638％。它的表現優於世界上最大的加密貨幣3.3倍。

On a month-to-date basis, MSTR was up nearly 25%, while BTC bounced about 1%. The outperformance was very clear, even on a YTD (year-to-date) timeframe.

按月至今，MSTR上漲了近25％，而BTC彈跳約1％。即使在YTD（年初至今）的時間表上，跑性的表現也非常明確。

MSTR was up 12% in 2025, while BTC was down 8%, reinforcing the stock as the ultimate BTC proxy play.

MSTR在2025年增長了12％，而BTC下跌了8％，將該股票作為最終的BTC代理遊戲增強。

That said, the latest purchase was financed by a recent stock sale (both MSTR and STRK), SEC filing showed.

也就是說，最新的購買是由最近的股票銷售（MSTR和Strk）資助的。

In short, the recent preferred stock sale (STRF) was yet to be deployed. BTC analyst James Van Straten noted that the firm could acquire an extra 7K BTC in the next few days.

簡而言之，最近的首選股票銷售（STRF）尚未部署。 BTC分析師James van Straten指出，該公司將在接下來的幾天內獲得額外的7K BTC。

For the unfamiliar, this was part of the firm’s 21/21 plan to raise $42B of capital through stock issuance and debt financing for BTC buys.

對於不熟悉的人來說，這是該公司21/21計劃通過BTC購買的股票發行和債務融資籌集42B美元的資本的一部分。

According to analyst Ragnar, the firm had $15B worth of debt issuance remaining under the plan, with an overall $39B capital left to be raised.

根據分析師拉格納爾（Ragnar）的說法，該公司在該計劃下還保留了價值15b美元的債務發行，總的39B美元資本還剩下。

On the price chart, MSTR oscillated between 200DMA (Daily Moving Average) and 100DMA. The brief dip lower on March 23 saw shares testing the 200DMA.

在價格表上，MSTR在200DMA（每日移動平均線）和100DMA之間振盪。 3月23日的簡短下跌幅度下降了股票測試了200DMA。

The 41% rally seen in the past two weeks tapped the upper range of 100DMA (orange). Whether a breakout would happen remained to be seen.

在過去的兩周中，看到的41％集會攻擊了100DMA（橙色）的上部範圍。是否會發生突破。