新的“涵蓋範圍”的“日子”可幫助投資者發現真正的比特幣累積器

“覆蓋量的日子”揭示了公司在BTC中賺取市值需要多長時間。低分信號低估了比特幣的玩具。

The 'Days to Cover' metric, recently highlighted by Blockstream CEO Adam Back, offers a unique perspective on evaluating companies with large Bitcoin holdings.

最近由Blockstream首席執行官Adam Back強調的“覆蓋度量”的“涵蓋度量”，為評估擁有大型比特幣持有的公司提供了獨特的觀點。

This formula, showing how long it would take for a company to earn its market valuation in Bitcoin terms, is a powerful tool as the crypto sector matures.

該公式表明，隨著加密貨幣行業的成熟，公司以比特幣的方式獲得其市場估值需要多長時間。

The ‘Days to Cover’ metric is calculated using the formula:

使用公式計算的“覆蓋日期”：

Days to Cover = ln(mNAV) / ln(1 + Daily BTC Yield)

覆蓋天數= LN（MNAV） / LN（每天1 + BTC產​​量）

Where:

在哪裡：

mNAV = Company’s market valuation

MNAV =公司的市場估值

Daily BTC Yield = Company’s average daily Bitcoin yield over the last 3 months

每日BTC收益=公司在過去三個月中的平均每日比特幣產量

This metric is applied to publicly traded companies that hold Bitcoin in their treasury. It’s designed to show how long it would take for a company to ‘cover’ its market cap by converting it to Bitcoin at the current rate.

該指標適用於在其財政部持有比特幣的上市公司。它旨在顯示公司通過以當前價格將其轉換為比特幣要“覆蓋”市值需要多長時間。

MicroStrategist, a leading BTC analysis platform, applied this metric to the top BTC-holding public companies. They found that companies like MetaPlanet and ALTBG are stacking Bitcoin aggressively—yielding over 1.4% daily.

領先的BTC分析平台MicroStrategist將該指標應用於BTC持有的頂級上市公司。他們發現，像Metaplanet和Altbg這樣的公司正在積極地堆疊比特幣，每天超過1.4％。

While MicroStrategy, despite its massive holdings of 576,230 BTC, is accumulating at a more conservative pace and remains the most institutionally trusted BTC stock.

儘管MicroStrategy儘管擁有576,230 BTC的大量持有，但仍以更加保守的速度積累，並且仍然是最信任的BTC股票。

In March, The Blockchain Group had one of the lowest ‘Days to Cover’ scores—and its stock has since surged over 834%.

3月，區塊鏈集團擁有最低的“覆蓋”分數之一，此後的股票飆升了834％以上。

As crypto investors search for fundamentally sound BTC plays, metrics like ‘Days to Cover’ are becoming crucial.

隨著加密投資者從根本上搜索BTC的戲劇，“覆蓋日”之類的指標變得至關重要。

This metric offers a unique window into which companies are truly stacking sats—not just talking about it.

該指標提供了一個獨特的窗口，公司真正堆疊了SAT，而不僅僅是談論它。