比特幣，國庫和機構：公司融資的新時代

機構越來越多地將比特幣視為公司金融劇本的一部分，國債超過了100萬BTC。 Sora Ventures領導亞洲的指控。

Bitcoin, Treasuries, and Institutions: A New Era of Corporate Finance

比特幣，國庫和機構：公司融資的新時代

Bitcoin's journey from digital curiosity to institutional asset continues its impressive climb. With corporate treasuries now holding over 1 million BTC, and innovative funds emerging, it's clear that Bitcoin is carving out a permanent space in the world of corporate finance.

比特幣從數字好奇心到機構資產的旅程持續了令人印象深刻的攀登。現在，隨著公司國庫的持有超過100萬BTC，並出現了創新的資金，很明顯，比特幣正在企業融資世界中一個永久的空間。

The Million Bitcoin Milestone

百萬比特幣里程碑

In early September 2025, corporate Bitcoin treasuries crossed a significant threshold: 1 million BTC. This milestone underscores a growing trend of companies, both large and small, integrating Bitcoin into their financial strategies. From September 1st to 6th alone, companies announced allocations of nearly 9,800 BTC, valued at approximately $1 billion. This surge highlights the accelerating adoption of Bitcoin as a legitimate treasury asset.

2025年9月初，企業比特幣國庫越過了一個重大的門檻：100萬BTC。這個里程碑強調了大小公司的趨勢不斷增長，將比特幣整合到其財務策略中。僅9月1日至6日，公司宣布分配近9,800 BTC，價值約10億美元。這種激增強調了比特幣作為合法財政資產的加速採用。

New Players and Expanding Holdings

新玩家和擴大股份

The rise in corporate Bitcoin holdings isn't just about established players increasing their positions. New companies are also entering the space. During the first week of September 2025, three new corporate treasuries emerged, including a Dutch firm that allocated 1,000 BTC after raising about $147 million. China-listed CIMG Inc started with 500 BTC, while US-based Hyperscale Data put in an initial 3.6 BTC via an early program. These additions, though modest in size, signal a broadening base of corporate holders.

企業比特幣持有量的增加不僅僅是既定的球員都在增加自己的地位。新公司也正在進入該空間。在2025年9月的第一周，出現了三個新的公司國庫，其中包括一家荷蘭公司，該公司在籌集了約1.47億美元後分配了1,000 BTC。中國上市的CIMG Inc始於500 BTC，而總部位於美國的Hyperscale數據通過早期計劃置於最初的3.6 BTC。這些增加雖然規模適中，但表明了公司持有人的擴大基礎。

Alongside these new entrants, many companies are steadily increasing their Bitcoin holdings. Mining and infrastructure companies like Cipher Mining, CleanSpark, and others are making consistent purchases, adding to the overall momentum.

除這些新進入者外，許多公司正在穩步增加其比特幣持有量。諸如密碼礦業，CleanSpark和其他人之類的採礦和基礎設施公司正在進行一致的購買，從而增加了整體勢頭。

Sora Ventures Leads the Charge in Asia

Sora Ventures領導亞洲的指控

One of the most significant developments is the launch of Asia’s first $1 billion Bitcoin treasury fund by Sora Ventures. This fund aims to purchase $1 billion in Bitcoin within six months, with $200 million already secured in initial commitments. This initiative reflects a broader trend of institutional interest in Bitcoin treasuries, particularly in the U.S. and EU, which Sora aims to replicate in Asia.

最重要的事態發展之一是Sora Ventures推出了亞洲首個10億美元的比特幣國庫基金。該基金旨在在六個月內購買10億美元的比特幣，最初的承諾已獲得2億美元。這項倡議反映了比特幣國庫的機構興趣的廣泛趨勢，特別是在美國和歐盟，索拉旨在在亞洲複製。

Sora Ventures’ model streamlines and scales Bitcoin treasury strategies, offering shared resources, expertise, and regulatory support. By supporting the establishment of Bitcoin treasuries in Japan, Hong Kong, South Korea, and Thailand, Sora Ventures is solidifying Bitcoin’s position as a global reserve asset.

Sora Ventures的模型精簡和規模比特幣國庫策略，提供共享的資源，專業知識和監管支持。通過支持在日本，香港，韓國和泰國建立比特幣國庫，Sora Ventures正在鞏固比特幣作為全球儲備資產的地位。

Broader Market Sentiment and Institutional Flows

更廣泛的市場情緒和機構流動

While the crypto market has experienced shifts in sentiment, with periods of fear and uncertainty, the underlying trend of institutional adoption remains strong. BlackRock's significant Bitcoin purchases, along with other institutional moves, reflect growing mainstream interest in building crypto exposure at scale.

儘管加密市場經歷了情緒的轉變，但恐懼和不確定性時期，但機構採用的根本趨勢仍然很大。貝萊德（Blackrock）的大量比特幣購買以及其他機構的舉動反映了對大規模建造加密貨幣曝光的越來越多的主流興趣。

The market’s focus on large-cap assets and subdued altcoin activity points to a more defensive posture, but key indicators suggest the potential for a shift remains if broader macroeconomic factors or regulatory developments change the landscape.

該市場對大型資產和柔和的Altcoin活動的關注指向更具防禦性的姿勢，但是關鍵指標表明，如果更廣泛的宏觀經濟因素或監管發展改變了景觀，則可能存在轉變的潛力。

Looking Ahead

展望未來

The integration of Bitcoin into corporate treasuries marks a pivotal moment in the evolution of digital assets. With corporate holdings surpassing 1 million BTC and innovative funds like Sora Ventures leading the charge, the future looks bright for Bitcoin as a mainstream financial asset. So, buckle up, folks! It seems like Bitcoin is here to stay, and it's bringing a whole new meaning to the term "corporate finance." Who knew balancing the books could be so exciting?

將比特幣整合到公司國庫中標誌著數字資產發展中的關鍵時刻。隨著公司持有的超過100萬BTC和像Sora Ventures這樣的創新基金領導了這一指控，比特幣作為主流金融資產的未來看起來光明。所以，搭扣，伙計們！似乎比特幣將留在這裡，這為“公司財務”一詞帶來了全新的含義。誰知道平衡書籍可能如此令人興奮？