MicroStrategy 推出创新财务策略：用于收购比特币的永久优先股

MicroStrategy Inc. 准备彻底改变其财务战略，提议引入永久优先股，明确旨在加强其比特币收购。

MicroStrategy Inc. is setting the stage for a groundbreaking financial strategy. The company is exploring a new avenue to amplify its Bitcoin acquisitions with the introduction of perpetual preferred stock.

MicroStrategy Inc. 正在为突破性的财务战略奠定基础。该公司正在探索通过引入永久优先股来扩大比特币收购的新途径。

In a recent meeting with investors organized by The Benchmark Company, Executive Chairman Michael Saylor revealed plans for a potential $2 billion capital raise via perpetual preferred stock offerings, scheduled for the first quarter of 2025, dependent on market dynamics. This innovative approach intends to provide investors not just with exposure to Bitcoin, but with a structure that allows for attractive returns.

在 The Benchmark Company 最近组织的一次投资者会议上，执行董事长 Michael Saylor 透露了计划通过永久优先股发行筹集 20 亿美元资金，计划于 2025 年第一季度进行，具体时间取决于市场动态。这种创新方法不仅旨在为投资者提供比特币投资机会，而且还提供一种可带来有吸引力回报的结构。

The planned perpetual preferred stock aims to deliver returns at 1.5 times the Bitcoin rate, offering a unique advantage with its indefinite maturity, thus reducing long-term liquidity concerns. Saylor pointed out that this financial instrument could revitalize a market he characterized as troubled, bringing renewed interest and opportunities for potential investors.

计划中的永久优先股旨在提供比特币1.5倍的回报，以其无限期的期限提供独特的优势，从而减少长期流动性担忧。塞勒指出，这种金融工具可以重振他认为陷入困境的市场，为潜在投资者带来新的兴趣和机会。

Moreover, Saylor discussed MicroStrategy’s remarkable commitment to Bitcoin, with total holdings now around 450,000 Bitcoin, valued at approximately $41.1 billion. The company’s strategic purchasing decisions are made with both foresight and responsiveness to market trends.

此外，Saylor 还讨论了 MicroStrategy 对比特币的非凡承诺，目前总持有量约为 450,000 个比特币，价值约 411 亿美元。公司的战略采购决策具有前瞻性和对市场趋势的响应能力。

As discussions about potential legislative changes heat up, including a favorable climate for cryptocurrency under the incoming Trump administration, Saylor remains optimistic that supportive policies will enhance Bitcoin demand. With the prospect of repeal of regulations that limit banking service for digital assets, the market landscape could shift dramatically in favor of crypto investments.

随着有关潜在立法变化的讨论升温，包括即将上任的特朗普政府为加密货币创造有利环境，塞勒仍然乐观地认为支持性政策将增加比特币需求。随着限制数字资产银行服务的法规有望废除，市场格局可能会发生巨大变化，有利于加密货币投资。

MicroStrategy's Innovative Financial Strategy: A Deeper Dive into the Impact on Cryptocurrency and Society

MicroStrategy 的创新财务策略：深入探讨对加密货币和社会的影响

MicroStrategy Inc.'s bold plans to issue perpetual preferred stock to significantly enhance its Bitcoin acquisitions have sparked a wave of interest in the financial community. This strategy, announced during a recent investor meeting, is set to reshape how investors engage with cryptocurrency.

MicroStrategy Inc. 发行永久优先股以大幅加强其比特币收购的大胆计划引发了金融界的兴趣。这一策略是在最近的一次投资者会议上宣布的，旨在重塑投资者与加密货币的互动方式。

The company's move to embrace cryptocurrencies, particularly Bitcoin, is a testament to the shifting investment landscape. As digital assets gain wider acceptance, their role in mainstream finance is continuously being redefined. This evolution presents both opportunities and challenges at the intersection of finance, technology, and society.

该公司拥抱加密货币（尤其是比特币）的举措证明了投资格局的变化。随着数字资产获得更广泛的接受，它们在主流金融中的作用正在不断被重新定义。这种演变在金融、技术和社会的交叉领域带来了机遇和挑战。

To fully grasp the implications of MicroStrategy's actions, it's essential to delve deeper into the broader context and consider the environmental, economic, and humanitarian aspects at play. Here's a closer examination:

为了充分理解 MicroStrategy 行动的影响，有必要深入研究更广泛的背景并考虑其中的环境、经济和人道主义方面。这是更仔细的检查：

1. Environmental Impact: The environmental footprint of Bitcoin mining is a pressing concern that cannot be ignored. As companies like MicroStrategy embrace cryptocurrencies, their strategies and practices directly or indirectly influence the energy consumption and carbon emissions associated with crypto mining.

1.环境影响：比特币挖矿的环境足迹是一个不容忽视的紧迫问题。随着像 MicroStrategy 这样的公司拥抱加密货币，他们的策略和实践直接或间接影响与加密货币挖矿相关的能源消耗和碳排放。

While cryptocurrencies offer decentralized and accessible financial systems, their energy demands and impact on natural resources must be carefully considered. As more firms pour resources into Bitcoin, we might see an intensification of mining practices, potentially leading to increased greenhouse gas emissions.

虽然加密货币提供了去中心化且易于访问的金融系统，但必须仔细考虑其能源需求和对自然资源的影响。随着越来越多的公司将资源投入比特币，我们可能会看到采矿活动的强化，这可能会导致温室气体排放增加。

If the anticipated legislation under a future administration fosters a more favorable environment for cryptocurrency, it may inadvertently accelerate the energy demands of crypto mining. This could exacerbate environmental challenges unless sustainable practices are adopted, such as utilizing renewable energy sources and improving energy efficiency.

如果未来政府的预期立法为加密货币创造一个更有利的环境，它可能会无意中加速加密货币挖矿的能源需求。除非采取可持续做法，例如利用可再生能源和提高能源效率，否则这可能会加剧环境挑战。

2. Economic Shift: From a broader perspective, MicroStrategy's strategies and the increasing adoption of cryptocurrencies hint at a paradigm shift toward digital assets becoming essential components of financial portfolios.

2. 经济转变：从更广泛的角度来看，MicroStrategy 的战略和加密货币的日益普及暗示着数字资产成为金融投资组合重要组成部分的范式转变。

The growing acceptance of Bitcoin, spearheaded by companies like MicroStrategy, could stimulate job creation in tech, finance, and eco-friendly solutions to the energy demands of crypto mining. As businesses adapt to a more decentralized financial system, the economy may evolve to prioritize digital currencies, potentially leading to systemic change in how transactions and investments are handled globally.

在 MicroStrategy 等公司的带动下，比特币的接受度不断提高，可以刺激技术、金融和环保解决方案领域创造就业机会，以满足加密货币挖矿的能源需求。随着企业适应更加去中心化的金融体系，经济可能会发展为优先考虑数字货币，这可能会导致全球交易和投资处理方式发生系统性变化。

3. Societal Implications: As we move toward a world increasingly influenced by digital currencies, it will be crucial to balance these innovations with ecological and humanitarian considerations. It underscores the pressing need for responsible governance surrounding cryptocurrencies to ensure that while we navigate this exciting paradigm, we do not compromise our environment or the well-being of humanity in the process.

3. 社会影响：随着我们走向一个越来越受数字货币影响的世界，平衡这些创新与生态和人道主义考虑至关重要。它强调了围绕加密货币进行负责任的治理的迫切需要，以确保在我们驾驭这一令人兴奋的范式的同时，我们不会在此过程中损害我们的环境或人类的福祉。

As the future unfolds, the legacy of financial innovations like those proposed by MicroStrategy will significantly influence both the economic landscape and the trajectory of global sustainability.

随着未来的发展，MicroStrategy 提出的金融创新遗产将对经济格局和全球可持续发展轨迹产生重大影响。