到2030年，大约四分之一的标准普尔500家公司将投资比特币

标准普尔500指数上市的公司大约有四分之一将在2030年投资比特币，财政部经理担心如果错过了潜在的比特币收益，他们可能会失业

A partner at a tech-focused financial advisory firm said on Tuesday that he anticipates around a quarter of firms listed on the S&P 500 would have invested in Bitcoin by 2030, with treasury managers fearing they could lose their jobs if they missed out on potential Bitcoin gains.

一家以科技为重点的金融咨询公司的合伙人周二表示，他预计到2030年，标准普尔500指数上市的四分之一的公司将投资于比特币，财政经理担心如果错过了潜在的比特币收益，他们可能会失业。

“I anticipate that by 2030, a quarter of the S&P 500 will have BTC somewhere on their balance sheets as a long-term asset,” said Elliot Chun, a partner at Architect Partners, in a March 28 blog post.

“我预计到2030年，标准普尔500指数的四分之一将以长期资产的资产负债表上的BTC，” Architect Partners的合伙人Elliot Chun在3月28日的博客文章中说。

Chun said this shift will be driven by treasury managers feeling compelled to at least experiment with Bitcoin (BTC) as they see their peers achieve success.

朱恩说，这种转变将由财政部经理驱动，因为他们认为自己的同龄人取得了成功，他们至少被迫对比特币（BTC）进行实验。

Strategy (MSTR) is the largest corporate Bitcoin holder of all 89 public-traded firms that currently have Bitcoin on their balance sheets, according to data from BitcoinTreasuries.NET.

根据BitCoinTreasuries.net的数据，战略（MSTR）是所有89家公共贸易公司的最大公司比特币持有人，目前拥有比特币。

One more firm could be added to the list after GameStop's $1.3 billion convertible notes offering on March 26, which the firm intends to use to buy its first batch of Bitcoin.

3月26日，GameStop的13亿美元可转换票据销售后，该公司打算购买其第一批比特币后，可以将另外一家公司添加到列表中。

Tesla and Block are the only S&P 500-listed firms that hold Bitcoin — meaning at least another 123 S&P 500 firms would need to invest in Bitcoin by 2030 for Chun’s prediction to be correct.

特斯拉（Tesla）和Block是唯一拥有比特币的标准普尔500指名公司 - 这意味着到2030年，至少需要另外123家标准普尔500指数的公司投资比特币，以使Chun的预测是正确的。

The top 10 largest corporate Bitcoin holders. Source: BitcoinTreasuries.NET

最大的十大公司比特币持有人。资料来源：比特币库.net

Tech investors and execs expect Bitcoin to keep rising

科技投资者和高管期望比特币继续上升

Bitcoin could soar to the $500,000 to $1,000,000 range or even higher by 2030, according to the likes of ARK Invest CEO Cathie Wood, Galaxy Digital CEO Mike Novogratz, Coinbase CEO Brian Armstrong and Block CEO Jack Dorsey.

根据ARK Invest Cathie Wood，Galaxy Digital Ceo Mike Novogratz，Coinbase Coinbase首席执行官Brian Armstrong和Block Block Ceo Jack Dorsey等人的说法，比特币可能会飙升至2030美元的$ 500,000至$ 1,000,000范围，甚至到2030年更高。

Meanwhile, firms adopting Bitcoin treasury strategies have seen a positive impact on their share prices. Strategy, whose stock has surged over 2,000% since its first Bitcoin investment on Aug. 20, 2020 — massively outperforming Bitcoin (781.1%) and S&P 500 (64.8%) over that stretch.

同时，采用比特币国库策略的公司对其股价产生了积极影响。自2020年8月20日首次投资以来，其股票飙升了2000％以上，超过了比特币（781.1％）和标准普尔500指数（64.8％）。

But there’s a big difference between firms that adopt Bitcoin for treasury diversification and risk management and those that restructure their entire business models to become the Bitcoin treasury leader within their industries, Chun said.

但是，采用比特币进行国库多元化和风险管理的公司与重组整个业务模式成为其行业中比特币国库领导者的公司之间存在很大的差异。

“Companies who are implementing this strategy in hopes of replicating MSTR’s performance are positioning for disappointment,” said Chun, who referred to Strategy as a “one-of-one.”

“正在实施这项策略的公司希望复制MSTR的表现使人失望，” Chun说，他将战略称为“一项”。

MSTR initially provided US asset managers exposure to Bitcoin at a time when they couldn’t hold Bitcoin directly. That changed when the Securities and Exchange Commission approved a handful of spot Bitcoin exchange-traded fund applications on Jan. 10, 2024.

最初，MSTR在无法直接持有比特币的时候为美国资产经理提供了对比特币的风险。当证券交易委员会于2024年1月10日批准了少数现货比特币交易所交易基金申请时，情况发生了变化。

Related: Bitcoin-to-gold ratio breaks 12-year support as gold price hits a record $3K

相关：当金价达到创纪录的$ 3K时，比特币与金的比率打破了12年的支持

Despite the increased adoption, Bitcoin used as a treasury asset is still an “unproven strategy” for firms hoping it will hedge against US dollar and fiat inflation or diversify their treasury for risk management purposes, Chun said.

Chun说，尽管采用的采用率增加，但比特币用作财政资产仍然是“未经证实的策略”，对于希望它将对冲美元和法定通货膨胀或为风险管理目的而多样化的财政部的公司。

That said, Bitcoin is still a more flexible treasury asset than gold, according to Chun, who pointed out the challenges in storing and moving gold bars.

话虽如此，比特币仍然比黄金更灵活，他指出了存储和移动黄金条所面临的挑战。

On the other hand, Bitcoin is a digital commodity that is GAAP-recognized as a tangible asset with a fungible and liquid profile, he added.

他补充说，另一方面，比特币是一种数字商品，被公认为具有可函件和液体概况的有形资产。

Earlier this month, crypto asset manager Bitwise launched Bitwise Bitcoin Standard Corporations ETF on March 11, which seeks to track companies with at least 1,000 Bitcoin in their corporate treasuries.

本月初，加密资产经理Bitwise于3月11日推出了比特币标准公司ETF，该公司旨在追踪其公司国库中至少有1,000个比特币的公司。