揭示比特币采矿的未来：比特币的战略扩张在波动中

作为一个公开交易的矿工比特币的神秘世界中，令人眼花and乱的景象展现出来，积极扩展其数字宝藏

Publicly traded miner Bitdeer has seen its Bitcoin holdings soar by 75%, showcasing a striking pivot in strategy amid a volatile market year.

公开交易的矿工比特尔（Bitdeer）看到其比特币持有量飙升了75％，在动荡的市场年中展示了一个惊人的战略枢纽。

As we navigate a year defined by financial turbulence and rapidly shifting digital landscapes, Bitdeer (NYSE: BITD) emerges as a beacon of resilience. Having begun the year in the depths of a fourth-quarter loss that sparked a concerning stock plunge, Bitdeer has seen remarkable recovery.

当我们在财务动荡和迅速转移数字景观的一年中导航时，比特（NYSE：BITD）成为弹性的灯塔。 Bitdeer在第四季度损失的深处开始了这一年，这引起了人们的兴趣。

Their narrative is one of careful strategy, pivoting quickly to self-mine Bitcoin and setting up a global infrastructure footprint. A 25% backing by stablecoin stalwart Tether also adds an interesting layer of stability to their venture.

他们的叙述是仔细的策略之一，迅速旋转到自矿比特币并建立全球基础设施足迹。 Stablecoin Stalwart系列的25％支持也为他们的冒险层增添了有趣的稳定性。

Now, as we approach the final quarter, Bitdeer’s shares have shown a dramatic 70% upswing over the past year, even as they are down 50% year-to-date.

现在，随着我们接近最后一个季度，Bitdeer的股票在过去一年中表现出了70％的增长，即使它们一年一度下降了50％。

A startup in 2020, Bitdeer went public in 2021. Back then, they were best known as a subsidiary of blockchain and cryptocurrency investment firm Bitmain Technologies.

比特尔（Bitdeer）在2020年的一家初创公司于2021年上市。当时，他们最著名的是区块链和加密货币投资公司Bitmain Technologies的子公司。

However, Bitdeer has since carved out its own path, becoming a publicly traded entity in the U.S. Through this journey, they have aggressively expanded their digital treasure chest. In February, they were extracting 110 Bitcoins, a slight reduction from January’s bounty, largely due to February’s brevity. Their rising hoard now stands at a formidable 1,039 Bitcoins, which at today’s values comes to nearly $87 million.

但是，Bitdeer从那以后就开辟了自己的道路，在这次旅程中成为美国公开交易的实体，他们积极扩大了数字宝藏。 2月，他们提取了110个比特币，这比一月份的赏金略有减少，这主要是由于2月的简洁起见。现在，他们上升的ho积站在一个可强大的1,039个比特币，今天的价值近8700万美元。

In contrast, giants like MARA (NASDAQ:MARA) and Riot Platforms (NASDAQ:RIOT) possess tens of thousands of BTCs, but Bitdeer is quickly making a name for itself, potentially securing a place in Bitwise’s new ETF.

相比之下，像Mara（Nasdaq：Mara）和Riot Platforms（NASDAQ：RIOT）这样的巨头拥有数万BTC，但Bitdeer迅速为自己取名，可能在Bitwise的新ETF中占有一席之地。

As we delve deeper, several aspects can be highlighted:

随着我们的深入研究，可以强调几个方面：

* Market Forecasts & Industry Trends: Bitdeer’s increase in Bitcoin holdings and the backing by Tether highlight a trend toward leveraging stablecoins for enhanced financial stability. This strategy may become more prevalent as mining companies seek to buffer against Bitcoin’s inherent volatility. According to industry analysts, such maneuvers could solidify miner operations, potentially driving future investments and partnerships across the sector.

*市场预测和行业趋势：比特尔比特币持有量的增加，而束缚的支持则强调了利用稳定的趋势，以增强财务稳定。随着采矿公司试图缓冲比特币固有的波动性，这种策略可能会变得更加普遍。据行业分析师称，这样的演习可以巩固矿工业务，有可能推动整个行业的未来投资和伙伴关系。

* Real-World Use Cases: Bitdeer’s self-mining strategy, where they extract and retain the mined Bitcoin, savvily positions them to capitalize on future Bitcoin price hikes. This approach can be particularly effective for large-scale players who can readily manage the operational costs and technicalities of maintaining their own mining rigs.

*现实世界中的用例：比特尔的自矿工策略，它们提取和保留了矿体的比特币，可精心地位地定位它们，以利用未来的比特币价格上涨。这种方法对于可以轻松管理维护自己的采矿钻机的运营成本和技术的大型玩家特别有效。

* Pros & Cons Overview:

* PROS＆CONS概述：

* Pros: Stability through Stablecoin Support, Strategic Reserves Management, Global Expansion Potential

*优点：通过Stablecoin支持，战略储备管理，全球扩张潜力的稳定性

* Cons: Market Volatility, Regulatory Challenges, High Operational Costs

*缺点：市场波动，监管挑战，高运营成本

This story is part of CoinDesk’s technical analysis series.

这个故事是Coindesk技术分析系列的一部分。

Last year, Bitdeer’s shares took a significant hit following the announcement of a fourth-quarter loss and a broader downturn in the cryptocurrency market. Despite the gloomy financial outlook, Bitdeer’s shares have shown resilience, rallying throughout 2024.

去年，在宣布第四季度亏损和加密货币市场的较广泛经济状况之后，比特尔的股票受到了重大打击。尽管财务前景令人沮丧，但Bitdeer的股票表现出了韧性，整个2024年都在集会。

After plunging to lows of $3.18 in March, Bitdeer’s stock has experienced a dramatic seven-fold recovery, approaching the $20 level. This recovery follows a turbulent period marked by a 50% decline in the stock price year-to-date.

在3月份下跌至3.18美元的低点之后，Bitdeer的股票经历了巨大的7倍恢复，接近20美元的水平。这种复苏是在动荡的时期之后的，其标志是股票价格逐年下降50％。

However, the stock’s recovery can be attributed to a broader shift in market sentiment toward cryptocurrencies, driven by a U.S. court ruling in favor of XRP tokens and the approval of several spot Bitcoin ETFs.

但是，该股票的收回可以归因于市场情绪向加密货币的更大转变，这是由美国法院裁决驱动XRP令牌的驱动以及对几个现货比特币ETF的批准。

Despite the stock’s recovery, Bitdeer’s net loss in the fourth quarter of 2022 can be attributed to a $44.4 million impairment loss on crypto assets and a $16.4 million provision for cryptocurrency-related legal and regulatory matters.

尽管股票收回，但Bitdeer在2022年第四季度的净亏损归因于加密资产的4,440万美元减值损失，而与加密货币相关的法律和法规事务则提供了1640万美元的规定。

This loss follows a period of rapid growth for Bitdeer, which went public in the U.S. in 2021 as a subsidiary of Bitmain Technologies. In 2022, Bitdeer began mining Bitcoin independently and began a strategy of self-mining and holding the cryptocurrency.

Bitdeer迅速增长的时期，该损失是在2021年作为Bitmain Technologies的子公司在美国公开的。 2022年，比特（Bitdeer）开始独立开采比特币，并开始了一种自我挖掘和保持加密货币的策略。

Earlier this year, Bitdeer announced that it had increased its Bitcoin holdings three-fold during 2023.

今年早些时候，比特尔宣布，它在2023年增加了三倍。

The Singapore-based miner, which is also backed by stablecoin issuer Tether, said in its fourth-quarter earnings report that it had mined 1,039 Bitcoins by the end of March, compared with 600 coins at the end of December 2022.

这位总部位于新加坡的矿工也得到了Stablecoin发行人Tether的支持，他在其第四季度的收益报告中表示，到3月底，它已经挖掘了1,039个比特币，而2022年12月底，它已经挖掘了600枚硬币。

At today’s prices, Bitdeer’s Bitcoin hoard is valued at $87 million. In comparison, MARA and Riot Platforms had mined 16,067 and 14,034 Bitcoins, respectively, by the end of March. Both U.S. miners began hoarding Bitcoin in 2021.

以今天的价格，比特尔的比特币ho积价为8700万美元。相比之下，到3月底，Mara和Riot平台分别开采了16,067和14,034个比特币。两位美国矿工在2021年开始ho积比特币。

However,

然而，