尽管第一季度亏损，MicroStrategy仍加倍押注比特币

软件公司 MicroStrategy 在 4 月份收购了更多比特币，增强了对比特币的信任。此举反映了该公司对加密货币的持续信心，但未能阻止第一季度出现大幅净亏损。我们研究了 MicroStrategy 的比特币投资及其 2024 年第一季度的财务业绩，以解决其对数字资产的持续信念，同时应对财务挑战。

MicroStrategy's Unwavering Faith in Bitcoin Despite Net Loss

尽管净亏损，MicroStrategy 对比特币的坚定信心

Software giant MicroStrategy, a staunch advocate for Bitcoin, has once again demonstrated its unwavering belief in the cryptocurrency by purchasing an additional 122 BTC in April. This acquisition brings MicroStrategy's total Bitcoin holdings to a staggering 214,400, cementing its position as the largest institutional holder of Bitcoin.

软件巨头 MicroStrategy 是比特币的坚定拥护者，在 4 月份额外购买了 122 个比特币，再次表明了其对加密货币坚定不移的信念。此次收购使 MicroStrategy 的比特币总持有量达到惊人的 214,400 枚，巩固了其作为比特币最大机构持有者的地位。

Despite the company's bold move, financial challenges persisted in the first quarter of 2024, resulting in a significant net loss of $53.1 million. This loss represents a tenfold increase from the previous year and is primarily attributed to crypto asset impairment losses. Revenues also declined by 5.5% compared to the first quarter of 2023, falling to $115.2 million.

尽管该公司采取了大胆举措，但 2024 年第一季度财务挑战依然存在，导致净亏损 5310 万美元。这一损失比上一年增加了十倍，主要归因于加密资产减值损失。收入也较 2023 年第一季度下降 5.5%，降至 1.152 亿美元。

Nonetheless, MicroStrategy's commitment to Bitcoin remains resolute. The company's average purchase price of $35,180 per Bitcoin for its massive hoard indicates a long-term investment strategy. Andrew Kang, MicroStrategy's Chief Financial Officer, emphasized the significance of the acquisition, marking the 14th consecutive quarter of Bitcoin accumulations. This unwavering dedication underscores the company's deep-rooted belief in Bitcoin's long-term potential.

尽管如此，MicroStrategy 对比特币的承诺仍然坚定。该公司的大量比特币平均购买价格为每枚 35,180 美元，这表明了该公司的长期投资策略。 MicroStrategy 首席财务官 Andrew Kang 强调了此次收购的重要性，标志着比特币连续第 14 个季度增持。这种坚定不移的奉献精神凸显了该公司对比特币长期潜力的根深蒂固的信念。

However, MicroStrategy's bullish stance on Bitcoin coincides with a period of financial difficulties. The first quarter report revealed a 5.5% decline in total revenue compared to the previous year. Despite a 22% increase in subscription services revenue, the company incurred a net loss of $53.1 million, primarily due to a $191.6 million Bitcoin impairment charge. Additionally, there was a significant increase in operating expenses by 152.8%.

然而，MicroStrategy 对比特币的看涨立场恰逢一段财务困难时期。第一季度报告显示，总收入较上年下降5.5%。尽管订阅服务收入增长了 22%，但该公司仍出现 5310 万美元的净亏损，主要是由于 1.916 亿美元的比特币减值费用。此外，运营费用大幅增加152.8%。

Undeterred by these financial setbacks, MicroStrategy remains true to its strategy. The recent approval of spot Bitcoin exchange-traded products (ETPs) adds to the company's optimism and points to a potential influx of institutional investment into the crypto market. This development could unlock significant growth opportunities in the future.

MicroStrategy 没有被这些财务挫折吓倒，仍然坚持其战略。最近比特币现货交易所交易产品（ETP）的批准增加了该公司的乐观情绪，并表明机构投资可能涌入加密市场。这一发展可以在未来释放巨大的增长机会。

Michael Saylor, the visionary former CEO of MicroStrategy, continues to champion the company's Bitcoin acquisition strategy. Emphasizing a long-term investment approach, he sees Bitcoin holdings as a vital hedge against inflation. Highlighting the success of this strategy, Saylor noted a remarkable 937% increase in MicroStrategy's stock price since August 2020, outpacing both Bitcoin's 435% growth and the S&P 500's 52% appreciation.

MicroStrategy 富有远见的前首席执行官 Michael Saylor 继续支持该公司的比特币收购战略。他强调长期投资方法，认为持有比特币是对冲通胀的重要手段。 Saylor 强调了这一策略的成功，他指出，自 2020 年 8 月以来，MicroStrategy 的股价上涨了 937%，超过了比特币 435% 的增长和标准普尔 500 指数 52% 的升值。

In conclusion, MicroStrategy's unwavering commitment to Bitcoin, despite short-term financial challenges, reflects a deep-seated belief in the cryptocurrency's long-term potential. The company's strategic acquisitions and unwavering support for the asset position it as a leading advocate for Bitcoin and a testament to the growing institutional adoption of the digital gold.

总之，尽管存在短期财务挑战，MicroStrategy 对比特币的坚定承诺反映了对加密货币长期潜力的根深蒂固的信念。该公司的战略收购和对该资产的坚定支持使其成为比特币的主要倡导者，并证明了机构越来越多地采用数字黄金。