迈克尔·塞勒 (Michael Saylor)，比特币极端主义者，向微软宣传数字货币的未来

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MicroStrategy founder Michael Saylor tried to convince Microsoft shareholders to put some of the company's cash into bitcoin during a shareholder vote in December 2024.

MicroStrategy 创始人 Michael Saylor 在 2024 年 12 月的股东投票中试图说服微软股东将公司的部分现金投入比特币。

Saylor's plea failed by a wide margin, with less than 1% of Microsoft shareholders voting in favor of the proposal. However, Saylor's appearance at the meeting provided him with yet another opportunity to spread his gospel of bitcoin and tout the benefits of converting as much cash as possible into that single digital asset. It's a story that Wall Street has been gobbling up.

塞勒的请求以大幅失败告终，只有不到 1% 的微软股东投票赞成该提议。然而，塞勒出席会议为他提供了另一个传播比特币福音并宣扬将尽可能多的现金转换为单一数字资产的好处的机会。这是华尔街一直津津乐道的故事。

MicroStrategy shares are up 477% this year as of Friday's close, second only to AppLovin among all U.S. tech companies valued at $5 billion or more, according to FactSet data. That follows a 346% gain in 2023.

FactSet 数据显示，截至周五收盘，MicroStrategy 股价今年已上涨 477%，在所有估值 50 亿美元或以上的美国科技公司中仅次于 AppLovin。 2023 年涨幅为 346%。

While the rally was in full force well before November of this year, Donald Trump's election victory, funded heavily by the crypto industry, propelled the stock even more. The shares have climbed 60% since the Nov. 5 election, and finally exceeded their dot-com era high from 2000 on Nov. 11.

尽管涨势早在今年 11 月之前就已全面展开，但唐纳德·特朗普 (Donald Trump) 在加密行业的大力资助下赢得大选，进一步推动了该股的上涨。自 11 月 5 日大选以来，该股股价已上涨 60%，并最终在 11 月 11 日超过了 2000 年以来的互联网时代高点。

Saylor has long talked about bitcoin in an evangelical fashion and co-authored a book about it in 2022 titled "What is Money?" But his critics have gotten louder than ever of late, describing Saylor as a cult-like leader and his strategy as a "ponzi loop" that involves issuing debt and equity to buy bitcoin, watching MicroStrategy's stock price go up, and then doing more of the same.

Saylor 长期以来一直以福音派的方式谈论比特币，并于 2022 年与人合着了一本关于比特币的书，题为《什么是货币？》但他的批评者最近比以往任何时候都更加响亮，将 Saylor 描述为一个邪教般的领导者，并将他的策略描述为“庞氏循环”，涉及发行债务和股票来购买比特币，看着 MicroStrategy 的股价上涨，然后做更多的事情相同。

"Wash, rinse, repeat — what could possibly go wrong?" wrote Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management, in a Nov. 12 post on X to his 1 million followers.

“清洗、漂洗、重复——可能会出什么问题呢？”欧洲太平洋资产管理公司（Euro Pacific Asset Management）首席经济学家兼全球策略师彼得·希夫（Peter Schiff）在 11 月 12 日向他的 100 万粉丝发布的 X 帖子中写道。

Saylor, who has 3.8 million followers, addressed the growing chorus of skeptics last week in an interview with CNBC's "Money Movers."

拥有 380 万粉丝的塞勒上周在接受 CNBC 节目《Money Movers》采访时回应了越来越多的怀疑论者。

"Just like developers in Manhattan, every time Manhattan real estate goes up in value, they issue more debt to develop more real estate, that's why your buildings are so tall in New York City," Saylor said, in a clip that's been posted to X by his legion of fans. "It's been going for 350 years. I would call it an economy."

“就像曼哈顿的开发商一样，每当曼哈顿的房地产价值上涨时，他们就会发行更多的债务来开发更多的房地产，这就是为什么纽约市的建筑物如此高，”塞勒在发布的一段视频中说道。 X 受到他众多粉丝的喜爱。 “它已经存在了 350 年。我将其称为经济。”

Saylor is a frequent guest on CNBC, making appearances on various programs throughout the year. He also agreed to two interviews with CNBC.com, one in September and another soon after the election.

Saylor 是 CNBC 的常客，全年都会出现在各种节目中。他还同意接受 CNBC.com 的两次采访，一次是在 9 月份，另一次是在选举后不久。

The first of those chats came back at the Lotte, just a few elevator stops from the penthouse where he stayed the night before his stock hit the Nasdaq. Saylor was delivering a conference keynote at the hotel and taking meetings on the side.

第一次聊天是在乐天酒店，距离他的股票登陆纳斯达克前一天晚上所住的顶层公寓只有几站电梯。塞勒当时正在酒店发表会议主题演讲，并同时参加会议。

He wore a designer suit and an orange Hermes tie, matching bitcoin's designated color. The election was less than two months away, and crypto companies were pumping money into the Trump campaign after the Republican nominee and ex-president, who previously called bitcoin a "scam against the dollar," started guaranteeing a much more crypto-friendly administration.

他穿着一套名牌西装和一条橙色的爱马仕领带，与​​比特币的指定颜色相匹配。距离选举还有不到两个月的时间，在这位共和党候选人和前总统开始保证一个对加密货币更加友好的政府之后，加密货币公司开始向特朗普竞选活动注入资金。这位共和党候选人和前总统此前称比特币是“兑美元的骗局”。

Two months earlier, in July, Trump delivered a keynote at the biggest bitcoin conference of the year in Nashville, where he promised to fire SEC Chair Gary Gensler, an industry critic, and said the U.S. would become the "crypto capital of the planet" if he won.

两个月前的 7 月，特朗普在纳什维尔举行的年度最大的比特币会议上发表了主题演讲，他承诺解雇 SEC 主席、行业评论家加里·詹斯勒 (Gary Gensler)，并表示美国将成为“地球的加密货币之都”如果他赢了。

"I think the election year has inspired the crypto community to find its voice, and I think it has catalyzed a lot of enthusiasm that was latent," Saylor said in the September interview. "When Trump came out tentatively positive, that was a big boost to the industry. When he came out fully positive, that was another boost."

塞勒在 9 月份的采访中表示：“我认为选举年激发了加密社区发出自己的声音，并且激发了很多潜在的热情。” “当特朗普表现出暂时积极的态度时，这对整个行业来说是一个巨大的推动。当他表现出完全积极的态度时，这是另一个推动力。”

Until this year, MicroStrategy was one of the few ways many institutions could buy bitcoin. Because MicroStrategy was an equity, investment firms didn't need any special provisions to own it. The environment changed in January, when the SEC approved spot bitcoin exchange-traded funds, allowing investors to buy ETFs that track the value of bitcoin.

直到今年，MicroStrategy 还是许多机构可以购买比特币的少数方式之一。由于 MicroStrategy 是一种股权，投资公司不需要任何特殊条款即可拥有它。一月份，环境发生了变化，美国证券交易委员会批准了现货比特币交易所交易基金，允许投资者购买追踪比特币价值的 ETF。

Since Trump's victory, it's all been up and to the right. Bitcoin is up about 41% and BlackRock's ETF has climbed 39%. Gensler is preparing to leave the SEC, and Trump has picked deregulation advocate and former SEC Commissioner Paul Atkins to replace him.

自从特朗普获胜以来，一切都在向好的方向发展。比特币上涨了约 41%，贝莱德的 ETF 上涨了 39%。詹斯勒正准备离开 SEC，特朗普已选择放松管制倡导者、前 SEC 专员保罗·阿特金斯 (Paul Atkins) 接替他。

Venture capitalist David Sacks, an outspoken conservative who hosted a fundraiser for Trump in San Francisco, will be the "White House A.I. & Crypto Czar," Trump announced earlier this month in a post on his Truth Social platform.

特朗普本月早些时候在他的 Truth Social 平台上发帖称，风险投资家大卫·萨克斯 (David Sacks) 是一位直言不讳的保守派人士，他在旧金山为特朗普举办了一场筹款活动，他将担任“白宫人工智能和加密货币沙皇”。

"With the red sweep, bitcoin is surging up with tailwinds, and the rest of the digital assets will also begin to surge," Saylor told CNBC in a phone interview, soon after the election. He said bitcoin remains the "safe trade" in the crypto space,

选举后不久，塞勒在接受 CNBC 电话采访时表示：“随着红色的横扫，比特币顺势飙升，其他数字资产也将开始飙升。”他表示，比特币仍然是加密货币领域的“安全交易”，