一家公司的雪崩將使比特幣成為主要國庫資產，並將比特幣推向新的高點。

沒有一天的新公司將比特幣製造出其主要財政部資產。根據馬特·霍根（Matt Hougan）的說法，這種趨勢有望加速

An avalanche of companies are about to make bitcoin their primary treasury asset and push bitcoin to new highs.

一批公司即將使比特幣成為主要國庫資產，並將比特幣推向新的高點。

The Bitcoin Strategy

比特幣策略

Not a day goes by without a new company making bitcoin their primary treasury asset. This trend is expected to accelerate according to Matt Hougan, director at Bitwise Asset Management, who anticipates BTC at $200,000.

沒有新公司將比特幣作為主要財政資產，沒有一天過去了。根據Bitwise Management的董事Matt Hougan的說法，該趨勢預計將加速，他預計BTC為20萬美元。

Mr. Hougan stated on CNBC that the race has just begun and that thousands of companies will soon adopt bitcoin for their treasury. Today, 131 publicly traded companies collectively hold 819,000 bitcoins, nearly 4% of circulating BTC (88 billion $).

Hougan先生在CNBC上說，這場比賽才剛剛開始，成千上萬的公司將很快採用比特幣作為國庫。如今，有131家公開交易的公司共同持有819,000比特幣，佔BTC循環的4％（880億美元）。

Most of these companies are North American, but not only. China, Japan, Singapore, Germany, Korea, Brazil, and England are also involved. And even in France, with only one representative: Blockchain Group.

這些公司大多數是北美公司，但不僅是。中國，日本，新加坡，德國，韓國，巴西和英國也參與其中。甚至在法國，只有一個代表：區塊鏈組。

There are 35 private companies holding nearly 300,000 bitcoins. Examples include Block, Tether, SpaceX, etc.

有35家擁有近30萬比特幣的私營公司。示例包括塊，繫繩，太空X等。

Matt Hougan attributes this “megatrend” to growing concerns about the value of the dollar threatened by increasing deficits and geopolitical confrontations.

馬特·霍根（Matt Hougan）將這種“大趨勢”歸因於對赤字和地緣政治對抗受到威脅的美元價值的日益擔憂。

For him, bitcoin is seen as a superior option to protect corporate wealth from monetary devaluation. “Companies that took the bold initiative to add bitcoin to their balance sheets are rewarded.”

對他來說，比特幣被視為保護企業財富免受金錢貶值的優越選擇。 “採取大膽倡議以將比特幣添加到資產負債表中的公司得到獎勵。”

Pioneers have already benefited from bitcoin’s rise from under $40,000 in January 2024 to $70,000 in June 2024.

先驅者已經從比特幣從2024年1月的40,000美元上升到2024年6月的70,000美元。

For example, the 8,027 bitcoins purchased by Block between 2020 and 2024 are now worth 864 million dollars, a 300% increase. Conversely, the dollar has only appreciated by 2%.

例如，2020年至2024年之間由Block購買的8,027個比特幣現在價值8.64億美元，增長了300％。相反，美元只欣賞了2％。

Companies Have No More Choice

公司別無選擇

There will never be more than 21 million bitcoins and 19.87 million are already in circulation, as shown in real time by this specialized dashboard. A striking contrast to the unlimited expansion of national currencies.

正如這個專業的儀表板實時表明，已經流通了2100萬比特幣和1987萬比特幣。與國家貨幣無限擴張形成鮮明對比。

Ultimately, everything stems from the difficulty of growing the economy (due to energy constraints). Without growth, the system is forced to incur ever more debt to honor political promises (e.g., pensions). The result is inflation.

最終，一切源於發展經濟的困難（由於能源限制）。沒有增長，該系統將被迫承擔更多的債務來兌現政治諾言（例如，養老金）。結果是通貨膨脹。

Thus, without drastic productivity increases, wages and pensions cannot keep pace. Debt/GDP ratios deteriorate, forcing central banks to buy back debt to neutralize the exponential effect of interest.

因此，如果沒有急劇的生產率提高，工資和養老金就無法保持步伐。債務/GDP比率惡化，迫使中央銀行購買債務，以中和利息的指數效應。

On this topic, don’t miss our article: French Debt Interest Explodes.

關於這個話題，不要錯過我們的文章：法國債務利益爆炸。

Granted, AI offers prospects to boost productivity. But transport is (and will remain) the limiting factor for economic growth. Yet, 95% of transport runs on oil, whose supply is becoming increasingly uncertain, as highlighted in the Shift Project report on oil peak and shale oil.

當然，AI提供了提高生產力的前景。但是運輸是經濟增長的限制因素。然而，正如Shift Project關於石油峰值和頁岩石油的報告中所強調的那樣，95％的運輸運輸在石油上越來越不確定。

Here is a very interesting thread of five short videos on the subject (for English speakers):

這是一個關於該主題的五個簡短視頻的非常有趣的線程（對於說英語）：

States are aware of the consequences of this physical bottleneck on currency value. The giant fund Fidelity reminds in this study that the IMF publishes articles affirming central banks have no choice but to print money to artificially reduce the weight of national debts.

各州意識到這種物理瓶頸對貨幣價值的後果。巨型基金的保真度提醒在這項研究中提醒，國際貨幣基金組織發表的文章確認中央銀行別無選擇，只能打印金錢來人為地減輕國家債務的體重。

But companies are not states. Participating in the public debt Ponzi scheme is not mandatory. Bitcoin offers for the first time a simple, solid, and liquid alternative. It has never been easier for a company to place its treasury in bitcoin thanks to ETFs.

但是公司不是州。參加公共債務龐氏債計劃不是強制性的。比特幣首次提供簡單，固體和液體替代品。借助ETF，公司將其財政部放在比特幣上從未如此簡單。

This booming treasury revolution suggests that $200,000 for one bitcoin is just around the corner.

這次蓬勃發展的財政革命表明，一隻比特幣的20萬美元即將來臨。

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通過我們的“閱讀賺取”計劃最大化您的共同構成體驗！對於您閱讀的每篇文章，請賺取積分並獲得獨家獎勵。立即註冊並開始賺取福利。

Bitcoin, geopolitical, economic and energy journalist.

比特幣，地緣政治，經濟和能源記者。