Bitwise和UTXO管理已預測，比特幣（BTC）供應總額的20％

Bitwise和UTXO管理層預測，比特幣（BTC）供應的20％將在公司組織的資產負債表上

A new report by Bitwise and UTXO Management predicts that 20% of the total Bitcoin (BTC) supply could be on the balance sheets of corporate organizations by the end of next year.

Bitwise和UTXO管理層的一份新報告預測，在明年年底之前，比特幣（BTC）供應的20％可能是在公司組織的資產負債表上。

The study, titled “Bitwise & UTXO Management: IncInstitutions and U.S. States to Integrate Bitcoin,” highlights a significant shift in how institutional investors like wealth managers, sovereign wealth funds, and corporations are approaching Bitcoin accumulation.

該研究的標題為“ Bitwise＆Utxo管理：Incinstistions and US州以整合比特幣”，重點介紹了諸如財富管理人員，主權財富基金和公司等機構投資者如何接近比特幣積累的方式發生了重大轉變。

Institutions to Acquire 4.2M BTC as Nations and U.S. States Expand Crypto Reserves

隨著國家和美國國家擴大加密儲備金，收購4200萬BTC的機構

The report predicts that institutions will acquire over 4.2 million BTC by the end of next year. It predicts that public companies will own more than 1 million BTC, which would be a double of their current holdings.

該報告預測，到明年年底，機構將收購超過420萬BTC。它預測上市公司將擁有超過100萬BTC，這將是他們目前持有的兩倍。

With sovereign nations and the United States increasingly considering this cryptocurrency as a reserve asset, at least five more states and four more nations will likely add BTC to their official reserves.

隨著主權國家和美國越來越多地將這種加密貨幣視為儲備資產，至少五個州和四個國家可能會增加BTC的官方儲備。

The report also mentions a few pending legislative actions, like the proposed Bitcoin act, could accelerate this trend. If passed, the act allows the U.S. Government to purchase one million BTC, which would be a precedent case worldwide and reduces market volatility.

該報告還提到，如擬議的比特幣法案，如有一些未決的立法行動，可以加速這一趨勢。如果通過，該法案允許美國政府購買一百萬BTC，這將是全球範圍的先例案例，並降低了市場波動。

“The leading cryptocurrency has become a part of most institutions’ portfolios as they’ve recognized it as a hedge against currency devaluation and economic instability,” said Juan Leon, a top-level executive at Bitwise.

Bitwise的頂級高管胡安·萊昂（Juan Leon）說：“主要的加密貨幣已成為大多數機構投資組合的一部分，因為他們已經將其視為貨幣貶值和經濟不穩定的對沖。”

In addition, several wealth management companies like Charles Schwab, Vanguard, and BlackRock are also expanding access to Bitcoin through ETFs. Institutions seeking greater returns are exploring new BTC-native financial products such as BTCH, a yield-generating strategy being developed by Bitwise.

此外，查爾斯·施瓦布（Charles Schwab），先鋒和貝萊德（Blackrock）等幾家財富管理公司也通過ETF擴大了對比特幣的訪問。尋求更多回報的機構正在探索新的BTC新金融產品，例如BTCH，BTCH是一種由BTWISE制定的產生產生的策略。

How Accumulation Fuels Bitcoin’s Rise as a Primary Store of Value

積累如何為比特幣的上升作為價值的主要存儲

Corporations like Metaplanet and Strategy (founded by Michael Saylor) are using similar yield methods to boost their reserves without issuing any equity.

Metaplanet和戰略（由Michael Saylor創立）等公司正在使用類似的產量方法來提高其儲備，而無需發行任何權益。

The report also predicts that with rising demand, the coin’s scarcity which is limited to 21 million coins could reshape global finance.

該報告還預測，隨著需求的增加，硬幣的稀缺性限制為2100萬枚硬幣可以重塑全球財務。

“As institutions are increasingly integrating BTC into their investment strategies, we're likely to see even more units of the cryptocurrency being locked away in the coming year,” the authors stated.

作者說：“隨著機構越來越多地將BTC整合到他們的投資策略中，我們很可能會看到更多的加密貨幣單位在來年被鎖定。”

The authors called this a game-theory loop, where each accumulation reduces the coin’s circulating supply. They pressure others to act, even though the huge accumulations will keep causing a rise in the cryptocurrency’s price.

作者稱這為遊戲理論循環，每個累積都會減少硬幣的循環供應。他們向其他人施加壓力，即使巨大的積累將不斷提高加密貨幣的價格。

Bitwise and UTXO believe that the BTC accumulation trend among institutions, companies, and nations would further push the cryptocurrency’s adoption beyond speculative trading into investment strategies.

Bitwise和UTXO認為，機構，公司和國家之間的BTC積累趨勢將進一步將加密貨幣的採用超出投機性交易，將其推向投資策略。