揭示比特幣採礦的未來：比特幣的戰略擴張在波動中

作為一個公開交易的礦工比特幣的神秘世界中，令人眼花and亂的景象展現出來，積極擴展其數字寶藏

Publicly traded miner Bitdeer has seen its Bitcoin holdings soar by 75%, showcasing a striking pivot in strategy amid a volatile market year.

公開交易的礦工比特爾（Bitdeer）看到其比特幣持有量飆升了75％，在動蕩的市場年中展示了一個驚人的戰略樞紐。

As we navigate a year defined by financial turbulence and rapidly shifting digital landscapes, Bitdeer (NYSE: BITD) emerges as a beacon of resilience. Having begun the year in the depths of a fourth-quarter loss that sparked a concerning stock plunge, Bitdeer has seen remarkable recovery.

當我們在財務動盪和迅速轉移數字景觀的一年中導航時，比特（NYSE：BITD）成為彈性的燈塔。 Bitdeer在第四季度損失的深處開始了這一年，這引起了人們的興趣。

Their narrative is one of careful strategy, pivoting quickly to self-mine Bitcoin and setting up a global infrastructure footprint. A 25% backing by stablecoin stalwart Tether also adds an interesting layer of stability to their venture.

他們的敘述是仔細的策略之一，迅速旋轉到自礦比特幣並建立全球基礎設施足跡。 Stablecoin Stalwart系列的25％支持也為他們的冒險層增添了有趣的穩定性。

Now, as we approach the final quarter, Bitdeer’s shares have shown a dramatic 70% upswing over the past year, even as they are down 50% year-to-date.

現在，隨著我們接近最後一個季度，Bitdeer的股票在過去一年中表現出了70％的增長，即使它們一年一度下降了50％。

A startup in 2020, Bitdeer went public in 2021. Back then, they were best known as a subsidiary of blockchain and cryptocurrency investment firm Bitmain Technologies.

比特爾（Bitdeer）在2020年的一家初創公司於2021年上市。當時，他們最著名的是區塊鍊和加密貨幣投資公司Bitmain Technologies的子公司。

However, Bitdeer has since carved out its own path, becoming a publicly traded entity in the U.S. Through this journey, they have aggressively expanded their digital treasure chest. In February, they were extracting 110 Bitcoins, a slight reduction from January’s bounty, largely due to February’s brevity. Their rising hoard now stands at a formidable 1,039 Bitcoins, which at today’s values comes to nearly $87 million.

但是，Bitdeer從那以後就開闢了自己的道路，在這次旅程中成為美國公開交易的實體，他們積極擴大了數字寶藏。 2月，他們提取了110個比特幣，這比一月份的賞金略有減少，這主要是由於2月的簡潔起見。現在，他們上升的ho積站在一個可強大的1,039個比特幣，今天的價值近8700萬美元。

In contrast, giants like MARA (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT) possess tens of thousands of BTCs, but Bitdeer is quickly making a name for itself, potentially securing a place in Bitwise’s new ETF.

相比之下，像Mara（Nasdaq：Mara）和Riot Platforms（NASDAQ：RIOT）這樣的巨頭擁有數万BTC，但Bitdeer迅速為自己取名，可能在Bitwise的新ETF中佔有一席之地。

As we delve deeper, several aspects can be highlighted:

隨著我們的深入研究，可以強調幾個方面：

* Market Forecasts & Industry Trends: Bitdeer’s increase in Bitcoin holdings and the backing by Tether highlight a trend toward leveraging stablecoins for enhanced financial stability. This strategy may become more prevalent as mining companies seek to buffer against Bitcoin’s inherent volatility. According to industry analysts, such maneuvers could solidify miner operations, potentially driving future investments and partnerships across the sector.

*市場預測和行業趨勢：比特爾比特幣持有量的增加，而束縛的支持則強調了利用穩定的趨勢，以增強財務穩定。隨著採礦公司試圖緩衝比特幣固有的波動性，這種策略可能會變得更加普遍。據行業分析師稱，這樣的演習可以鞏固礦工業務，有可能推動整個行業的未來投資和夥伴關係。

* Real-World Use Cases: Bitdeer’s self-mining strategy, where they extract and retain the mined Bitcoin, savvily positions them to capitalize on future Bitcoin price hikes. This approach can be particularly effective for large-scale players who can readily manage the operational costs and technicalities of maintaining their own mining rigs.

*現實世界中的用例：比特爾的自礦工策略，它們提取和保留了礦體的比特幣，可精心地位地定位它們，以利用未來的比特幣價格上漲。這種方法對於可以輕鬆管理維護自己的採礦鑽機的運營成本和技術的大型玩家特別有效。

* Pros & Cons Overview:

* PROS＆CONS概述：

* Pros: Stability through Stablecoin Support, Strategic Reserves Management, Global Expansion Potential

*優點：通過Stablecoin支持，戰略儲備管理，全球擴張潛力的穩定性

* Cons: Market Volatility, Regulatory Challenges, High Operational Costs

*缺點：市場波動，監管挑戰，高運營成本

This story is part of CoinDesk’s technical analysis series.

這個故事是Coindesk技術分析系列的一部分。

Last year, Bitdeer’s shares took a significant hit following the announcement of a fourth-quarter loss and a broader downturn in the cryptocurrency market. Despite the gloomy financial outlook, Bitdeer’s shares have shown resilience, rallying throughout 2024.

去年，在宣布第四季度虧損和加密貨幣市場的較廣泛經濟狀況之後，比特爾的股票受到了重大打擊。儘管財務前景令人沮喪，但Bitdeer的股票表現出了韌性，整個2024年都在集會。

After plunging to lows of $3.18 in March, Bitdeer’s stock has experienced a dramatic seven-fold recovery, approaching the $20 level. This recovery follows a turbulent period marked by a 50% decline in the stock price year-to-date.

在3月份下跌至3.18美元的低點之後，Bitdeer的股票經歷了巨大的7倍恢復，接近20美元的水平。這種複蘇是在動蕩的時期之後的，其標誌是股票價格逐年下降50％。

However, the stock’s recovery can be attributed to a broader shift in market sentiment toward cryptocurrencies, driven by a U.S. court ruling in favor of XRP tokens and the approval of several spot Bitcoin ETFs.

但是，該股票的收回可以歸因於市場情緒向加密貨幣的更大轉變，這是由美國法院裁決驅動XRP令牌的驅動以及對幾個現貨比特幣ETF的批准。

Despite the stock’s recovery, Bitdeer’s net loss in the fourth quarter of 2022 can be attributed to a $44.4 million impairment loss on crypto assets and a $16.4 million provision for cryptocurrency-related legal and regulatory matters.

儘管股票收回，但Bitdeer在2022年第四季度的淨虧損歸因於加密資產的4,440萬美元減值損失，而與加密貨幣相關的法律和法規事務則提供了1640萬美元的規定。

This loss follows a period of rapid growth for Bitdeer, which went public in the U.S. in 2021 as a subsidiary of Bitmain Technologies. In 2022, Bitdeer began mining Bitcoin independently and began a strategy of self-mining and holding the cryptocurrency.

Bitdeer迅速增長的時期，該損失是在2021年作為Bitmain Technologies的子公司在美國公開的。 2022年，比特（Bitdeer）開始獨立開採比特幣，並開始了一種自我挖掘和保持加密貨幣的策略。

Earlier this year, Bitdeer announced that it had increased its Bitcoin holdings three-fold during 2023.

今年早些時候，比特爾宣布，它在2023年增加了三倍。

The Singapore-based miner, which is also backed by stablecoin issuer Tether, said in its fourth-quarter earnings report that it had mined 1,039 Bitcoins by the end of March, compared with 600 coins at the end of December 2022.

這位總部位於新加坡的礦工也得到了Stablecoin發行人Tether的支持，他在其第四季度的收益報告中表示，到3月底，它已經挖掘了1,039個比特幣，而2022年12月底，它已經挖掘了600枚硬幣。

At today’s prices, Bitdeer’s Bitcoin hoard is valued at $87 million. In comparison, MARA and Riot Platforms had mined 16,067 and 14,034 Bitcoins, respectively, by the end of March. Both U.S. miners began hoarding Bitcoin in 2021.

以今天的價格，比特爾的比特幣ho積價為8700萬美元。相比之下，到3月底，Mara和Riot平台分別開采了16,067和14,034個比特幣。兩位美國礦工在2021年開始ho積比特幣。

However,

然而，