在特朗普政府发布之前，美国公司纷纷投入比特币投资

自特朗普总统去年宣布将成为“虚拟货币总统”以来，已有70多家上市公司开始投资比特币。

US companies are piling into bitcoin ahead of the launch of President-elect Donald Trump's administration.

在当选总统唐纳德·特朗普政府上台之前，美国公司纷纷涌入比特币。

The New York Times reported on the 8th (local time) that more than 70 listed companies have begun investing in bitcoin since President Trump announced last year that he would become a “crypto president.”

《纽约时报》8日（当地时间）报道称，自特朗普总统去年宣布将成为“加密货币总统”以来，已有70多家上市公司开始投资比特币。

It marks a dramatic shift away from the traditional approach of corporate finance departments, which have been focused on preserving cash rather than chasing higher returns.

它标志着企业财务部门传统方法的巨大转变，传统方法一直专注于保留现金而不是追求更高的回报。

MicroStrategy is the world's largest bitcoin holder. A software company, MicroStrategy has been buying bitcoin since 2020 and currently holds more than $40bn in the cryptocurrency. Its stock has risen by about 2,000 per cent over the past four years.

MicroStrategy 是全球最大的比特币持有者。软件公司 MicroStrategy 自 2020 年以来一直在购买比特币，目前持有价值超过 400 亿美元的加密货币。过去四年里，其股价上涨了约 2,000%。

A growing number of companies are following suit. Rumble, a conservative social media company, announced in November that it would put $20m of its cash into bitcoin. The company's shares have risen by about 70 per cent since the announcement.

越来越多的公司纷纷效仿。保守派社交媒体公司 Rumble 在 11 月宣布将把 2000 万美元现金投入比特币。自公告发布以来，该公司股价已上涨约70%。

Simon Gerovich, chief executive of Meta Planet, a Japanese investment company, has also said that he will increase Meta Planet's bitcoin holdings to 10,000 this year.

日本投资公司Meta Planet首席执行官Simon Gerovich也曾表示，今年他将把Meta Planet的比特币持有量增至10,000枚。

And Joe Davie, chief executive of marketing technology company Banzai, announced in November that he would put up to 10 per cent of its $4.3m cash holdings into bitcoin. “The bitcoin investment will help protect the company if the value of the US dollar falls due to inflation,” Davie said.

营销技术公司 Banzai 的首席执行官 Joe Davie 在 11 月宣布，他将把其持有的 430 万美元现金中的 10% 投入比特币。戴维表示：“如果美元因通货膨胀而贬值，比特币投资将有助于保护公司。”

California medical device maker Semler Scientific has gone even further, ploughing the bulk of its corporate assets into bitcoin. The company used to put its corporate funds towards acquiring other businesses or buying back its own stock. But now it is pursuing higher returns through bitcoin.

加州医疗设备制造商 Semler Scientific 走得更远，将其大部分公司资产投入比特币。该公司过去常常将公司资金用于收购其他业务或回购自己的股票。但现在它正在通过比特币追求更高的回报。

As the price of bitcoin has surged, even companies with no obvious links to cryptocurrency are getting involved. The coin investment, once seen as a fringe activity, is now becoming a mainstream corporate practice, the NYT said.

随着比特币价格的飙升，即使是与加密货币没有明显联系的公司也开始涉足其中。 《纽约时报》称，曾经被视为边缘活动的代币投资现在正在成为主流企业做法。

However, the move contrasts sharply with the traditional approach of corporate finance departments, which have been tasked with protecting cash. Now, they are shifting their stance towards taking on more risk in a bid to generate higher returns.

然而，此举与企业财务部门的传统做法形成鲜明对比，后者的任务是保护现金。现在，他们正在转变立场，转向承担更多风险，以产生更高的回报。

There are also concerns about companies buying bitcoin. Banzai chief Davie said he received a complaint call from shareholders asking “what the hell is going on?” after announcing his bitcoin investment plan.

人们还担心公司购买比特币。 Banzai 首席执行官戴维表示，他接到股东的投诉电话，询问“到底发生了什么事？”在宣布他的比特币投资计划后。

Naresh Agarwal, deputy director of the Association for Corporate Finance Executives, said: “I don't understand how risk-averse boards are putting money into digital assets. The cryptocurrency is very volatile, so such investments can't be justified.”

公司财务高管协会副主任 Naresh Agarwal 表示：“我不明白规避风险的董事会如何将资金投入数字资产。加密货币的波动性非常大，因此此类投资是不合理的。”

“Now, even people who don't invest in bitcoin will be exposed to its volatility,” said Duke University law professor Curtis J. Reiner.

杜克大学法学教授 Curtis J. Reiner 表示：“现在，即使是不投资比特币的人也会受到其波动性的影响。”