GameStop（NYSE：GME）通过投资比特币在金融世界中引起轰动

GameStop（NYSE：GME）以大胆地投资比特币的大胆决定在金融界引起轰动，此举既​​引起了加密货币爱好者的兴奋，又引起了财务评论员彼得·席夫（Peter Schiff）的强烈批评。

GameStop (NYSE:GME) is making headlines again, this time for an investment in Bitcoin, a move that has divided cryptocurrency enthusiasts and financial commentator Peter Schiff.

GameStop（NYSE：GME）再次成为头条新闻，这次是对比特币进行投资的投资，此举使加密货币爱好者和财务评论员Peter Schiff分开。

The well-known gold advocate and Bitcoin critic has weighed in on GameStop’s strategy, suggesting it’s not the best long-term business decision.

著名的黄金拥护者和比特币评论家对GameStop的战略进行了权衡，这表明这不是最佳的长期业务决定。

GameStop's Bitcoin Investment and Stock Price Surge

GameStop的比特币投资和股票价格上涨

GameStop is investing in Bitcoin through a convertible debt program, similar to the strategy used by MicroStrategy (NASDAQ:MSTR) to build its cryptocurrency treasury.

GameStop通过可转换债务计划投资比特币，类似于MicroStrategy（NASDAQ：MSTR）使用的策略来建立其加密货币财政部。

Despite Schiff’s disapproval of GameStop's Bitcoin investment, the gaming retailer's stock surged 15% after the announcement, driven by investor excitement and FOMO (Fear of Missing Out). However, the stock's rally was short-lived, leading Schiff to suggest that those who quickly sold their shares made a wise move, while long-term holders now face increased investment risks.

尽管席夫（Schiff）不赞成GameStop的比特币投资，但在投资者兴奋和FOMO驱动的宣布之后，游戏零售商的股票飙升了15％（担心错过）。但是，该股票的集会是短暂的，导致席夫（Schiff）暗示那些迅速出售其股份的人采取了明智的举动，而长期持有人现在面临着增加的投资风险。

Schiff's Criticism of Bitcoin and Its Implications

希夫对比特币及其含义的批评

Schiff has consistently opposed Bitcoin, highlighting its high volatility and lack of intrinsic value, which he believes make it unsuitable for a corporate asset. He argues that Bitcoin fails to serve as a reliable store of value, especially when compared to traditional assets like gold, which has a proven track record of stability.

希夫一直反对比特币，强调了其高波动性和缺乏内在价值，他认为这使其不适合公司资产。他认为，比特币无法用作可靠的价值存储，尤其是与传统资产（如黄金）相比，该资产具有可靠的稳定性记录。

In contrast to assets used to build a company over time, Schiff maintains that Bitcoin is an asset that quickly loses value. He has expressed skepticism over Bitcoin's long-term viability and has repeatedly warned that Bitcoin will eventually become worthless. His skepticism has placed him at odds with Bitcoin advocates like MicroStrategy CEO Michael Saylor, who believes that Bitcoin is the future of corporate finance and a hedge against inflation.

与随着时间的推移建立公司的资产相反，Schiff认为比特币是一种迅速失去价值的资产。他对比特币的长期生存能力表示了怀疑，并一再警告比特币最终将变得毫无价值。他的怀疑使他与像Microstrategy首席执行官Michael Saylor这样的比特币拥护者矛盾，后者认为比特币是公司财务的未来，也是反对通货膨胀的对冲。

However, Schiff and other critics suggest that Saylor is investing in Bitcoin out of desperation to boost MicroStrategy's stock price due to a lack of newsworthy developments within the company.

但是，席夫（Schiff）和其他批评家认为，由于公司内部缺乏新闻价值的发展，塞勒（Saylor）的绝望是出于绝望而投资于比特币。

Regulatory Risks and Uncertain Future for Corporate Cryptocurrency Investments

公司加密货币投资的监管风险和不确定的未来

Beyond its volatility, Schiff warns that Bitcoin faces significant regulatory risks. Governments around the world are actively introducing new regulations on digital assets, such as U.S. tariffs and legal restrictions on cryptocurrency usage, which could complicate corporate adoption of Bitcoin and make it a riskier asset for businesses seeking stable long-term investments.

除了波动之外，希夫警告说，比特币面临着重大的监管风险。全球各国政府正在积极介绍有关数字资产的新法规，例如美国关税以及对加密货币使用情况的法律限制，这可能会使公司采用比特币的采用复杂化，并使它成为寻求稳定长期投资的企业的风险风险。

Unlike traditional assets like real estate and gold, which are well-established within regulatory frameworks, Bitcoin is still in a nascent stage and subject to shifting legal landscapes. This lack of regulatory clarity places a heavier burden on companies investing in cryptocurrencies.

与在监管框架内建立良好的房地产和黄金等传统资产不同，比特币仍处于起步阶段，并受到法律景观的转移。缺乏法规清晰度给投资加密货币的公司带来了较大的负担。

Michael Saylor vs. Peter Schiff: A Clash of Financial Philosophies

迈克尔·塞勒（Michael Saylor）vs.彼得·希夫（Peter Schiff）：一系列财务哲学

The debate surrounding Bitcoin as a corporate asset continues to divide financial experts. On one side, Michael Saylor champions Bitcoin as digital gold, arguing that it is superior to traditional fiat currencies and offers long-term protection against inflation. He believes U.S. companies should quickly convert their cash reserves into Bitcoin to avoid the rapid depreciation of the dollar.

围绕比特币作为公司资产的辩论继续划分财务专家。一方面，迈克尔·塞勒（Michael Saylor）冠军比特币（Bitcoin）是数字黄金，认为它优于传统菲亚特货币，并为通货膨胀提供了长期保护。他认为，美国公司应迅速将现金储备转换为比特币，以避免迅速贬值美元。

On the other side, Peter Schiff and other critics dismiss Bitcoin as a speculative bubble with no fundamental value. They suggest that the cryptocurrency hype is largely driven by a small group of investors who are trying to pump up the price of Bitcoin.

另一方面，彼得·希夫（Peter Schiff）和其他批评家将比特币视为一种投机性泡沫，没有基本价值。他们认为，加密货币炒作在很大程度上是由试图提高比特币价格的一小群投资者驱动的。

GameStop's decision to invest in Bitcoin is part of a broader trend of companies experimenting with cryptocurrency strategies. However, whether this strategy will pay off remains to be seen.

GameStop投资比特币的决定是公司尝试加密货币策略的更广泛趋势的一部分。但是，该策略是否会得到回报还有待观察。

The Bottom Line: Will Cryptocurrency Define Corporate Finance?

最重要的是：加密货币会定义公司融资吗？

As cryptocurrencies continue to evolve, their role in corporate investment strategies will be closely watched by financial analysts and investors alike. While some believe cryptocurrencies will revolutionize corporate finance, others are skeptical of their long-term viability.

随着加密货币的不断发展，财务分析师和投资者都将密切关注其在公司投资策略中的作用。尽管有些人认为加密货币会彻底改变公司财务，但其他人则对它们的长期生存能力持怀疑态度。

Ultimately, the market will determine whether cryptocurrencies become a mainstream corporate asset or remain a speculative experiment.

最终，市场将确定加密货币是否成为主流公司资产或仍然是投机实验。