策略（以前为MicroStrategy）成为最新购买后首家越过500K比特币[BTC]持有的上市公司

策略（以前是MicroStrategy）成为最新购买后首家越过500K比特币[BTC]持有的上市公司。

Strategy (formerly MicroStrategy) (NASDAQ: MSTR) became the first public company to cross 500K Bitcoin (BTC)holdings after the latest purchase.

策略（以前为MicroStrategy）（NASDAQ：MSTR）成为最新购买后首位越过500K比特币（BTC）持有的上市公司。

The firm disclosed in a recent SEC filing that it acquired an extra 6,911 BTC at an average price of $846,367 for a total consideration of $584,208,000.

该公司在最近的SEC文件中透露，该公司以846,367美元的平均价格获得了6,911 BTC的额外，总额为584,208,000美元。

According to the filing, the bitcoin purchases were funded by the recent stock sale.

根据文件，比特币购买是由最近的股票销售资助的。

“The bitcoin purchases (6,911 BTC) were made using proceeds from the Common ATM and the STRK ATM.”

“比特币购买（6,911 BTC）是使用普通ATM和Strk ATM的收益进行的。”

To elaborate, the STRK units were sold in January to raise $750 million, while the Common ATM program saw the issuance of 1.2 million shares in February. Together, the two capital raisings could have generated nearly $1.2 billion of capital.

为了详细说明，Strk单位于1月份出售，筹集了7.5亿美元，而普通的ATM计划则在2月发行了120万股。这两个资本筹款共同产生了近12亿美元的资本。

The latest purchase brought Strategy’s BTC holdings to a staggering 506,137. As of March 24, the coins were worth $43.9 billion, or 2.4% of the total BTC supply (21M coins).

最新的购买使战略的BTC持有量达到了惊人的506,137。截至3月24日，硬币的价值为439亿美元，占BTC总供应总额的2.4％（2100万硬币）。

To put this in perspective, 492,750 BTC would be mined between now and March 25, 2028, just before the next halving.

考虑到这一点，将在下一个减半之前至2028年3月25日之间开采492,750 BTC。

Simply put, Strategy held more BTC than would ever be mined in the next three years.

简而言之，战略拥有的BTC比未来三年的开采要多。

MSTR as a Bitcoin beta

MSTR作为比特币β

Since Strategy’s aggressive BTC approach in 2020, its share, MSTR, has been the largest beneficiary.

由于战略在2020年对BTC进行了积极的BTC方法以来，其MSTR的份额一直是最大的受益人。

The stock was a major talking point among retail investors, especially during the 2024 stock market rally.

该股票是散户投资者中的主要话题，尤其是在2024年股市集会期间。

Over the past five years, MSTR gained 2,115% while BTC, according to CoinGecko, rallied 638%. It outperformed the world’s largest cryptocurrency by 3.3X.

在过去的五年中，MSTR上涨了2,115％，而Coingecko称，BTC上涨了638％。它的表现优于世界上最大的加密货币3.3倍。

On a month-to-date basis, MSTR was up nearly 25%, while BTC bounced about 1%. The outperformance was very clear, even on a YTD (year-to-date) timeframe.

按月至今，MSTR上涨了近25％，而BTC弹跳约1％。即使在YTD（年初至今）的时间表上，跑性的表现也非常明确。

MSTR was up 12% in 2025, while BTC was down 8%, reinforcing the stock as the ultimate BTC proxy play.

MSTR在2025年增长了12％，而BTC下跌了8％，将该股票作为最终的BTC代理游戏增强。

That said, the latest purchase was financed by a recent stock sale (both MSTR and STRK), SEC filing showed.

也就是说，最新的购买是由最近的股票销售（MSTR和Strk）资助的。

In short, the recent preferred stock sale (STRF) was yet to be deployed. BTC analyst James Van Straten noted that the firm could acquire an extra 7K BTC in the next few days.

简而言之，最近的首选股票销售（STRF）尚未部署。 BTC分析师James van Straten指出，该公司将在接下来的几天内获得额外的7K BTC。

For the unfamiliar, this was part of the firm’s 21/21 plan to raise $42B of capital through stock issuance and debt financing for BTC buys.

对于不熟悉的人来说，这是该公司21/21计划通过BTC购买的股票发行和债务融资筹集42B美元的资本的一部分。

According to analyst Ragnar, the firm had $15B worth of debt issuance remaining under the plan, with an overall $39B capital left to be raised.

根据分析师拉格纳尔（Ragnar）的说法，该公司在该计划下还保留了价值15b美元的债务发行，总的39B美元资本还剩下。

On the price chart, MSTR oscillated between 200DMA (Daily Moving Average) and 100DMA. The brief dip lower on March 23 saw shares testing the 200DMA.

在价格表上，MSTR在200DMA（每日移动平均线）和100DMA之间振荡。 3月23日的简短下跌幅度下降了股票测试了200DMA。

The 41% rally seen in the past two weeks tapped the upper range of 100DMA (orange). Whether a breakout would happen remained to be seen.

在过去的两周中，看到的41％集会攻击了100DMA（橙色）的上部范围。是否会发生突破。