比特幣價格下跌：通過公司策略導航下降

探索像Microstrategy and Beyond，Inc。這樣的公司如何使用比特幣儲備金和CVR等策略在價格下跌以創新和保存資本。

Bitcoin Price Drop: Navigating the Dip with Corporate Strategies

比特幣價格下跌：通過公司策略導航下降

Bitcoin's price fluctuations are old news. But how companies react to these dips? Let's dive into how firms are strategizing around Bitcoin's volatility, from MicroStrategy's bold moves to innovative approaches like Contingent Value Rights (CVRs).

比特幣的價格波動是舊新聞。但是公司對這些傾角的反應如何？讓我們深入研究公司如何圍繞比特幣的波動性制定企業，從Microstrategy的大膽動作到創新的方法，例如偶然的價值權利（CVRS）。

MicroStrategy's Bitcoin Treasury Playbook

Microstrategy的比特幣國庫劇本

MicroStrategy, the OG corporate Bitcoin bull, really shook things up back in 2020. They didn't just dip a toe; they cannonballed into the crypto pool, amassing a massive Bitcoin treasury. This sparked a trend, with companies across various sectors exploring crypto as a way to boost investor interest.

OG企業比特幣公牛MicroStrategy在2020年確實使事情震撼了。他們不僅傾斜了腳趾。他們進入加密貨幣池中，積累了龐大的比特幣國庫。這引發了趨勢，跨各個部門的公司探索了加密貨幣，以增加投資者的興趣。

On July 29, 2025, Strategy (Nasdaq: MSTR) announced that it had closed its initial public offering of around 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90, thus raising about $2.52 billion. Strategy announced that the proceeds from the IPO of the newly formed vehicle were used to purchase 21,021 Bitcoins.

2025年7月29日，戰略（納斯達克股票代碼：MSTR）宣布，它已關閉了其首次公開發行的約2800萬股可變利率系列A永久優先股（Strc）的股票，以90美元的公開發行價格，因此籌集了約25.2億美元。策略宣布，新成立的車輛IPO的收益用於購買21,021個比特幣。

“Strategy has acquired 21,021 BTC for around $2.46 billion at about $117,256 per Bitcoin and has achieved a BTC Yield of 25.0% YTD 2025. As of 7/29/2025, we hodl 628,791 BTC acquired for approximately $46.08 billion at around $73,277 per Bitcoin,” Michael Saylor, Chairman at Strategy, noted.

“策略以24.6億美元的價格獲得了21,021 BTC，每比特幣117,256美元，並獲得了BTC的收益率為25.0％YTD 2025。截至7/29/2025，我們以大約46.08億美元的價格獲得了約76.08億美元的BTC，大約是76.79億美元，邁克爾（Mainter）的2791美元，273.73,73,73,7,73,7,73,7,7,73,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,73,7,7,7,7,7,27，27，27,27，' 著名的。

Beyond, Inc.: A Balancing Act with CVRs and Bitcoin

Beyond，Inc。 ：與CVR和比特幣的平衡行為

Beyond, Inc. (NYSE: BYND), is trying to balance innovation and risk. They're using Contingent Value Rights (CVRs) and a Bitcoin reserve to stabilize their business and aim for long-term growth. But can these unconventional tools really deliver without too much risk?

Beyond，Inc。 （NYSE：BYND）正在試圖平衡創新和風險。他們使用偶然的價值權利（CVR）和比特幣儲備來穩定其業務並旨在實現長期增長。但是，這些非常規工具真的可以沒有太大的風險提供嗎？

Their CVR strategy, which is tied to its Medici portfolio, aims to distribute proceeds from blockchain holdings to shareholders. Think of it as a way to unlock value from assets that aren't being fully used.

他們的CVR戰略與Medici Portfolio相關，旨在將區塊鏈持有的收益分配給股東。將其視為一種從未完全使用的資產中解鎖價值的一種方式。

However, Bitcoin's wild ride, with an annualized volatility of 71.56% (assessed between 2018 and 2025!), makes it a risky reserve asset. Critics point out its correlation with equities, especially during downturns, undermining its safe-haven appeal.

但是，比特幣的野外騎行率為71.56％（在2018年至2025年之間進行了評估！），使其成為危險的儲備資產。評論家指出，其與股票的相關性，尤其是在低迷期間，破壞了其安全的吸引力。

The Memecoin Dip: A Buying Opportunity?

Memecoin DIP：購買機會？

Even memecoins aren't immune to price drops. Fartcoin (yes, really) experienced a 14% drop on July 28th, triggering significant long liquidations. However, data suggests accumulation actually increased during July, indicating that some investors saw the dip as a buying opportunity.

即使是紀念物也不能免疫價格下跌。 Fartcoin（是的，實際上）在7月28日下降了14％，引發了長期的清算。但是，數據表明在7月的積累實際上有所增加，表明一些投資者將下降視為購買機會。

One analyst noted that the memecoin price surged over 600% after March’s long liquidation. While the exchange sell pressure also spiked 16.86% during the Monday dump, if history repeats, the decline could be a great discount buying opportunity.

一位分析師指出，三月份清算後的成員價格飆升了600％以上。雖然交換賣壓力在周一垃圾場中也飆升了16.86％，但如果歷史重演，那麼下降可能是一個很棒的折扣購買機會。

What's the Takeaway?

收穫是什麼？

Bitcoin's price drops are inevitable, but the strategies companies employ to navigate them are fascinating. Whether it's MicroStrategy's all-in approach, Beyond's balancing act, or memecoin investors buying the dip, there's no shortage of ways to play the crypto game.

比特幣的價格下跌是不可避免的，但是公司對其進行導航的策略令人著迷。無論是MicroStrategy的全面方法，超越平衡行為，還是購買DIP的Memecoin投資者，都不乏玩加密遊戲的方法。

So, the next time you see Bitcoin taking a tumble, remember: it's not just about the price. It's about the strategy, baby! And who knows, maybe you'll find your own unique way to ride the crypto rollercoaster. Just remember to buckle up – it's gonna be a wild one!

因此，下次您看到比特幣滾滾時，請記住：這不僅僅是價格。寶貝，這是關於策略的！誰知道，也許您會找到自己獨特的方式來騎加密過山車。只要記住要係好 - 這將是一個狂野的！