購買比特幣，國庫策略和公司採用：新時代？

探索公司作為國庫策略的一部分，比特幣採用比特幣採用的趨勢不斷上升，研究了關鍵參與者和潛在的風險。

The intersection of Bitcoin purchases, treasury strategies, and corporate adoption is creating a buzz in the financial world. Companies are increasingly viewing Bitcoin not just as a speculative asset, but as a legitimate part of their financial structure. Let's dive into this evolving trend.

比特幣購買，國庫策略和公司採用的交匯處在金融界引起了轟動。公司越來越多地將比特幣視為投機性資產，而且是其財務結構的合法部分。讓我們深入了解這種不斷發展的趨勢。

Bitcoin as a Treasury Asset: The New Normal?

比特幣作為國庫資產：新常態？

We're seeing a surge in companies, like The Smarter Web Company and DigiAsia Corp, integrating Bitcoin into their treasury strategies. The Smarter Web Company, for example, has been steadily accumulating Bitcoin, viewing it as a store of value and growth for their reserves. DigiAsia Corp secured $3 million in debt financing to kickstart its Bitcoin treasury acquisition strategy, signaling a strong commitment to digital assets.

我們看到像Smarter Web Company和Digiasia Corp這樣的公司激增，將比特幣集成到其國庫策略中。例如，智能網絡公司一直在穩步積累比特幣，將其視為其儲備金的價值和增長存儲。 Digiasia Corp獲得了300萬美元的債務融資，以啟動其比特幣財政部收購策略，這表明對數字資產的堅定承諾。

The MicroStrategy Effect and the Rise of Crypto Treasury Companies

微型造成效果和加密貨幣公司的興起

Michael Saylor’s MicroStrategy, now known as Strategy, pioneered the Bitcoin treasury strategy, holding over $67 billion worth of Bitcoin. This move has inspired many others. Since April 2025, over 30 public companies have announced similar strategies, targeting approximately $19 billion in capital raises. Even Trump Media and Technology Group secured $2.3 billion for Bitcoin treasury deals.

邁克爾·塞勒（Michael Saylor）的微觀策略（現在被稱為戰略）開創了比特幣國庫策略，持有價值超過670億美元的比特幣。此舉激發了許多其他舉動。自2025年4月以來，超過30多家上市公司宣布了類似的策略，針對約190億美元的資本籌集。甚至特朗普的媒體集團也獲得了23億美元的比特幣國庫協議。

How Companies Are Funding Their Bitcoin Buys

公司如何為比特幣購買

Many companies are leveraging public markets via SPACs and reverse mergers to fund their Bitcoin acquisitions. This allows them to access deep institutional capital markets and raise billions quickly. Companies like Janover (now DeFi Development Corporation) and MetaPlanet have seen their stocks soar after adopting crypto-focused strategies.

許多公司正在利用空格和反向合併來資助其比特幣收購。這使他們能夠進入深厚的機構資本市場並迅速籌集數十億美元。像Janover（現為Defi Development Corporation）和Metaplanet這樣的公司在採用了以加密貨幣為中心的策略後看到其股票飆升。

The Risks and Rewards

風險和獎勵

While the potential rewards are high, there are risks involved. The rapid balance sheet build-up and the use of leverage can amplify returns but also increase volatility. As Elliot Chun of Architect Partners warns, many companies entering the crypto space may not fully understand the intricacies of operating with this asset class.

儘管潛在的獎勵很高，但仍有風險。快速資產負債表的積累和使用槓桿的使用可以擴大回報，但也會增加波動率。正如建築師合作夥伴的Elliot Chun所警告的那樣，許多進入加密貨幣空間的公司可能無法完全理解與此資產類別一起運營的複雜性。

One concern is that the current excitement is driven by hype and enthusiasm, with companies capitalizing on investor interest in crypto. This could lead to a market correction if the underlying fundamentals don't support the high valuations.

一個令人擔憂的是，當前的興奮是由炒作和熱情驅動的，公司利用了投資者對加密貨幣的興趣。如果基本的基本面不支持高估，這可能會導致市場更正。

Final Thoughts

最後的想法

The trend of Bitcoin purchases, treasury strategies, and corporate adoption is undoubtedly exciting. It's like watching a financial revolution unfold in real-time. However, it's crucial to approach this trend with a healthy dose of skepticism and awareness of the potential risks. Will this be a sustainable shift or a fleeting fad? Only time will tell. But for now, buckle up and enjoy the ride!

毫無疑問，比特幣購買，國庫策略和公司採用的趨勢令人興奮。這就像觀看一場金融革命實時展開。但是，至關重要的是要以健康的懷疑和對潛在風險的認識來解決這一趨勢。這是可持續的轉變還是短暫的時尚？只有時間會證明。但是現在，搭扣並享受旅程！