Strive 申请比特币债券 ETF，追踪为购买比特币而发行的可转换债券

比特币债券 ETF 的概念是有利可图的，因为它提供了间接接触 MicroStrategy 的比特币收购收益的机会。

Asset management firm Strive, founded by Vivek Ramaswamy, has filed an application with the SEC on December 26 to launch an ETF that will invest in convertible bonds issued by MicroStrategy and other companies that use the money to buy Bitcoin.

由 Vivek Ramaswamy 创立的资产管理公司 Strive 已于 12 月 26 日向 SEC 提交申请，推出一只 ETF，该 ETF 将投资于 MicroStrategy 和其他使用这笔资金购买比特币的公司发行的可转换债券。

According to the filing, the ETF will give investors exposure to “Bitcoin Bonds,” which are convertible securities that are issued by companies like MicroStrategy that use the money to buy Bitcoin.

根据文件，该 ETF 将为投资者提供“比特币债券”的投资机会，这是由 MicroStrategy 等公司发行的可转换证券，这些公司用这些资金购买比特币。

Strive will actively manage the ETF, investing directly in these bonds or using financial products like swaps and options. The asset management firm was founded by Republican politician Vivek Ramaswamy in 2022.

Strive将积极管理ETF，直接投资于这些债券或使用掉期和期权等金融产品。该资产管理公司由共和党政治家 Vivek Ramaswamy 于 2022 年创立。

In November, Ramaswamy joined Tesla founder Elon Musk in heading the Department of Government Efficiency (DOGE), a private initiative to reduce wasteful government spending that, due to its similarity with the largest meme coin, has continuously triggered market volatility.

去年 11 月，拉马斯瓦米与特斯拉创始人埃隆·马斯克一起领导政府效率部 (DOGE)，这是一项旨在减少浪费性政府支出的私人倡议，由于其与最大的模因硬币的相似性，不断引发市场波动。

“Vivek's ETF company has filed for a Bitcoin Bond ETF that will track (using swaps) convertible bonds issued for the purpose of buying Bitcoin- so essentially it's a Microstrategy convertible bond ETF until other firms do the same,” ETF analyst Eric Balchunas wrote on X (formerly Twitter).

ETF 分析师 Eric Balchunas 写道：“Vivek 的 ETF 公司已申请推出比特币债券 ETF，该 ETF 将跟踪（使用掉期）为购买比特币而发行的可转换债券，因此本质上它是一款 Microstrategy 可转换债券 ETF，直到其他公司也这样做。” X（以前的 Twitter）。

Meanwhile, industry analysts expect more crypto ETFs to be approved under Trump's administration. Earlier this month, the SEC approved the first-ever duel Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton.

与此同时，行业分析师预计特朗普政府将批准更多加密货币 ETF。本月早些时候，美国证券交易委员会批准了 Hashdex 和富兰克林邓普顿的首个比特币和以太坊 ETF。

Strive's proposed Bitcoin Bonds ETF could offer another unique financial product for retail investors longing for Bitcoin's exposure.

Strive 提议的比特币债券 ETF 可以为渴望投资比特币的散户投资者提供另一种独特的金融产品。

“Elon's silence about Bitcoin since the election, combined with recent news about Vivek's Bitcoin Bond ETF applicatio,n has brought my confidence in a strategic US Bitcoin reserve to a near guarantee. Day one is not off the table. Things are in motion that cannot be undone,” wrote popular influencer The Bitcoin Therapist.

“自大选以来，埃隆对比特币保持沉默，再加上最近有关 Vivek 的比特币债券 ETF 申请的消息，使我对美国比特币战略储备的信心几乎得到保证。第一天并非不可能。事情正在发生，无法挽回。”颇有影响力的比特币治疗师写道。

MicroStrategy's stock has soared in parallel with its Bitcoin acquisitions. Since 2020, MicroStrategy, led by Michael Saylor, has spent over $27 billion buying Bitcoin. This strategy has boosted its stock price by over 2,200%.

随着比特币收购的进行，MicroStrategy 的股价也随之飙升。自 2020 年以来，Michael Saylor 领导的 MicroStrategy 已花费超过 270 亿美元购买比特币。这一策略使其股价上涨了2,200%以上。

However, the firm has aggressively ramped up its Bitcoin purchases throughout 2024. In December alone, MicroStrategy bought over $4 billion worth of BTC. All of these purchases took place when the token was hovering above $95,000.

然而，该公司在 2024 年积极增加了比特币购买量。仅在 12 月，MicroStrategy 就购买了价值超过 40 亿美元的比特币。所有这些购买都是在代币价格徘徊在 95,000 美元以上时发生的。

Bitcoin's bullish performance in 2024 is also reflected in MSTR's stock performance. The stock gained nearly 400% year-to-date, which propelled MicroStrategy into the top 100 public companies. This success led to the stock's inclusion in the Nasdaq-100 index, with potential for inclusion in the S&P 500 next year.

比特币在 2024 年的看涨表现也反映在 MSTR 的股票表现上。今年迄今为止，该股上涨了近 400%，推动 MicroStrategy 跻身上市公司 100 强之列。这一成功导致该股被纳入纳斯达克 100 指数，并有可能明年被纳入标准普尔 500 指数。

MicroStrategy has funded these Bitcoin purchases by issuing new shares and convertible bonds. These bonds have low or no interest but can be converted into MSTR shares.

MicroStrategy 通过发行新股和可转换债券为这些比特币购买提供资金。这些债券的利息很低或没有利息，但可以转换为 MSTR 股票。