从 MicroStrategy (MSTR) 决定将比特币纳入其公司财务开始,引发了公司一系列类似举措
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings.
随着比特币(加密货币:BTC)成为企业财务的关键资产,上市公司越来越多地采用创新策略来最大化其比特币持有量。
What Happened: It began with MicroStrategy’s (NASDAQ:MSTR) decision to include Bitcoin in its corporate treasury, which sparked a wave of similar moves by companies like Cathedra Bitcoin (OTC:CBTTF), Metaplanet and Semler Scientific (NYSE:SMLR).
发生了什么:始于 MicroStrategy (NASDAQ:MSTR) 决定将比特币纳入其公司财务,这引发了 Cathedra Bitcoin (OTC:CBTTF)、Metaplanet 和 Semler Scientific (NYSE:SMLR) 等公司的一波类似举措。
The trend is redefining how firms manage their balance sheets and navigate economic uncertainty, Coindesk reports.
据 Coindesk 报道,这一趋势正在重新定义企业管理资产负债表和应对经济不确定性的方式。
MicroStrategy, led by Michael Saylor, stands at the forefront of this shift, recently expanding its Bitcoin portfolio to 244,800 coins, valued at nearly $9.45 billion.
由 Michael Saylor 领导的 MicroStrategy 站在这一转变的最前沿,最近将其比特币投资组合扩大到 244,800 个比特币,价值近 94.5 亿美元。
Saylor's approach, positioning Bitcoin as a hedge against inflation, has sent MicroStrategy's stock soaring — up 295% over the past year.
Saylor 将比特币定位为通胀对冲工具的做法使得 MicroStrategy 的股价飙升——在过去一年里上涨了 295%。
The company's continued investments in Bitcoin, including a recent $700 million bond offering to finance more acquisitions, signal a long-term commitment to the cryptocurrency.
该公司对比特币的持续投资,包括最近发行 7 亿美元的债券以资助更多收购,这表明该公司对加密货币的长期承诺。
Despite concerns over the stock's mixed technical outlook, Saylor remains bullish, stating that Bitcoin's role in corporate finance will only grow.
尽管人们对该股的技术前景好坏参半感到担忧,但塞勒仍然看好比特币,并表示比特币在企业融资中的作用只会增强。
MicroStrategy's strategy has paved the way for other companies to follow suit.
MicroStrategy 的战略为其他公司效仿铺平了道路。
Cathedra Bitcoin, a publicly traded firm on the TSX Venture Exchange, has shifted its focus from Bitcoin mining to managing data centers, aiming to increase its Bitcoin holdings per share.
Cathedra Bitcoin 是多伦多证券交易所风险交易所的一家上市公司,已将其重点从比特币挖矿转向管理数据中心,旨在增加其每股比特币持有量。
As mining becomes more challenging due to Bitcoin halving, Cathedra's new approach allows it to generate sustainable cash flow while continuously acquiring more Bitcoin.
由于比特币减半,挖矿变得更具挑战性,Cathedra 的新方法使其能够在不断获取更多比特币的同时产生可持续的现金流。
"Going forward, we will make all capital allocation decisions with the intention of maximizing our shareholders' per-share Bitcoin holdings," the company said in a recent statement.
该公司在最近的一份声明中表示:“展望未来,我们将做出所有资本配置决策,以最大化股东的每股比特币持有量。”
Metaplanet has taken a similar approach, focusing on growing its Bitcoin reserves month over month.
Metaplanet 也采取了类似的方法,专注于逐月增加比特币储备。
The company's strategy has led to a 587% increase in its stock value this year, underscoring the market's positive response to this trend.
该公司的战略导致其股价今年上涨了587%,凸显了市场对这一趋势的积极反应。
CEO Simon Gerovich emphasized that prioritizing Bitcoin holdings has been a key driver of the company's recent success.
首席执行官 Simon Gerovich 强调,优先持有比特币是该公司近期成功的关键驱动力。
These moves reflect a broader shift toward using Bitcoin not only as a hedge against inflation but as a strategic asset to enhance shareholder value.
这些举措反映了更广泛的转变,即使用比特币不仅作为对冲通胀的工具,而且作为提高股东价值的战略资产。
Companies like MicroStrategy and Cathedra are now leading the charge in what has been described as the "maximize Bitcoin per share" strategy.
MicroStrategy 和 Cathedra 等公司现在在所谓的“每股比特币最大化”战略中处于领先地位。
This approach focuses on increasing Bitcoin reserves over time, leveraging the cryptocurrency's long-term growth potential.
这种方法的重点是随着时间的推移增加比特币储备,利用加密货币的长期增长潜力。
MicroStrategy has further diversified its strategy by offering convertible bonds backed by Bitcoin collateral.
MicroStrategy 通过提供由比特币抵押品支持的可转换债券,进一步多元化其战略。
These financial instruments, which offer a 1% interest rate, have attracted investors seeking lower-risk exposure to Bitcoin.
这些提供 1% 利率的金融工具吸引了寻求较低风险的比特币投资者。
"We're capturing a 50% premium or 50% type BTC yield on that up front," Saylor said, explaining how the bonds allow the company to acquire more Bitcoin while minimizing volatility.
Saylor 表示:“我们预先获得了 50% 的溢价或 50% 类型的 BTC 收益率。”他解释了这些债券如何让公司能够获得更多的比特币,同时将波动性降至最低。
The success of MicroStrategy's strategy is hard to ignore.
MicroStrategy 战略的成功不容忽视。
Since the company adopted Bitcoin in 2020, it has outperformed every company in the S&P 500, achieving an average annual return of 44%.
自2020年该公司采用比特币以来,其表现优于标准普尔500指数中的所有公司,实现了44%的平均年回报率。
Saylor highlighted that even Nvidia (NASDAQ:NVDA), the index's top-performing stock, has been outpaced by MicroStrategy's Bitcoin-focused approach.
Saylor 强调,即使是该指数表现最好的股票 Nvidia(纳斯达克股票代码:NVDA)也被 MicroStrategy 以比特币为中心的策略所超越。
However, the strategy is not without risks.
然而,该策略并非没有风险。
With mixed technical signals, including a bearish Moving Average Convergence Divergence (MACD) and a neutral Relative Strength Index (RSI), MicroStrategy's stock could face near-term volatility.
由于技术信号复杂,包括看跌的移动平均线收敛分歧 (MACD) 和中性的相对强弱指数 (RSI),MicroStrategy 的股票可能面临近期波动。
The company's long-term success will depend on the broader adoption of Bitcoin and the potential for Bitcoin ETFs, which could bring the cryptocurrency further into the financial mainstream.
该公司的长期成功将取决于比特币的更广泛采用以及比特币 ETF 的潜力,这可能会使加密货币进一步进入金融主流。
As Bitcoin continues to reshape corporate strategies, these developments will be a focal point at Benzinga's Future of Digital Assets event on Nov. 19.
随着比特币继续重塑企业战略,这些发展将成为 Benzinga 11 月 19 日数字资产未来活动的焦点。