首席執行官Brian Armstrong確認正在進行的比特幣購買時，Coinbase的股票打入了新的ATH。但是，他們會以全比特幣財政部跟隨Microstrategy的領導嗎？

Coinbase CEO's 'Relentless' Bitcoin Buying Spree: A New Era?

Coinbase首席執行官的“無情”比特幣購買狂歡：一個新時代？

Coinbase stock is soaring, hitting a new all-time high. CEO Brian Armstrong acknowledged the exchange's steady Bitcoin accumulation, sparking speculation about a full treasury allocation.

Coinbase Stock飆升，達到了新的歷史最高水平。首席執行官布萊恩·阿姆斯特朗（Brian Armstrong）承認該交易所的穩定比特幣積累，引發了人們對全庫分配的猜測。

Coinbase Stock Hits New Heights

Coinbase Stock命中了新的高度

Coinbase (COIN) is riding high! On June 26th, the stock surged to a new all-time high of $381.35. This bullish rally followed the announcement of launching crypto-linked perpetual-style futures contracts in the U.S. starting July 21. These contracts, including nano Bitcoin (0.01 BTC) and nano Ethereum (0.10 ETH) offerings, aim to attract retail investors with lower capital requirements.

Coinbase（硬幣）騎得很高！ 6月26日，該股票飆升至新歷史最高高點381.35美元。在7月21日開始在美國啟動與加密貨幣連接的永久性期貨合約的宣布之後。這些合同，包括Nano Bitcoin（0.01 BTC）和Nano Ethereum（0.10 ETH）產品，旨在吸引具有較低資本要求的零售投資者。

Armstrong Confirms Bitcoin Buys

阿姆斯特朗確認比特幣購買

Adding fuel to the fire, Brian Armstrong confirmed on X that Coinbase is indeed buying more Bitcoin every week. This “relentless” buying spree has the crypto community buzzing. David Bailey, CEO of BTC Inc., even congratulated Armstrong and urged him to build “a proper Bitcoin treasury.”

布萊恩·阿姆斯特朗（Brian Armstrong）在X上添加燃料，在X上證實，Coinbase確實每週購買更多的比特幣。這種“無情”的購買狂歡引起了加密貨幣社區的嗡嗡聲。 BTC Inc.首席執行官David Bailey甚至向阿姆斯特朗表示祝賀，並敦促他建立“合適的比特幣財政部”。

To Treasury, or Not to Treasury?

到財政部，還是不代表國庫？

While Armstrong acknowledged the Bitcoin purchases, he stopped short of committing to a full-blown Bitcoin treasury strategy. He previously stated concerns that a large Bitcoin allocation, similar to MicroStrategy's, could be too risky. Coinbase currently holds 9,267 BTC, worth around $993 million, making them the tenth-largest public corporate holder of Bitcoin. They seem to prefer a more balanced approach, prioritizing operational flexibility.

儘管阿姆斯特朗承認比特幣的購買，但他不再承諾制定成熟的比特幣國庫策略。他此前曾表示擔心，大量的比特幣分配（類似於MicroStrategy）可能太冒險了。 Coinbase目前擁有9,267 BTC，價值約9.93億美元，使其成為比特幣的第十大公共公司持有人。他們似乎更喜歡一種更加平衡的方法，可以優先考慮操作靈活性。

The Future is Futures (and Maybe More Bitcoin?)

未來是期貨（也許還有比特幣嗎？）

The introduction of perpetual-style futures in the U.S. is a big deal. These derivatives, which dominate international crypto markets, faced regulatory hurdles stateside until now. Coinbase's move signals growing regulatory clarity and investor confidence. The market clearly likes it, and COIN shares surged following the announcement, though they remain below the all-time high of $429.54.

在美國引入永久式期貨是一件大事。這些衍生品在國際加密貨幣市場上占主導地位，直到現在面對美國的監管障礙。 Coinbase的舉動標誌著監管的清晰度和投資者的信心。市場顯然喜歡它，並且在公告之後，硬幣股票飆升，儘管它們仍然低於429.54美元的歷史高處。

So, What's Next for Coinbase and Bitcoin?

那麼，Coinbase和Bitcoin的下一步是什麼？

Coinbase is navigating a complex landscape, balancing innovation with regulatory compliance. Their measured approach to Bitcoin accumulation suggests a long-term commitment without going all-in. While a full Bitcoin treasury might not be in the cards just yet, their continued buying and expansion into new markets paint a promising picture. It's gonna be fun watching these guys make big moves.

Coinbase正在瀏覽複雜的景觀，平衡創新與監管合規性。他們對比特幣積累的測量方法表明，長期承諾而無需全力以赴。雖然可能還沒有一張全比特幣財政部，但他們繼續購買和擴展到新市場，繪製了有希望的情況。看著這些傢伙做出重大舉動會很有趣。