灰度發射比特幣（BTC）採用者ETF目標公司持有比特幣國庫

資產經理Grayscale推出了灰比特幣採用者交易所交易基金（ETF），這是一種追踪僱用比特幣（BTC）公司的投資工具

Asset manager Grayscale has launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy.

資產經理Grayscale已推出了灰比特幣採用者交易所交易基金（ETF），這是一種投資工具，可追踪僱用比特幣（BTC）財政部或持有策略的公司。

According to an April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy.

根據4月30日的公告，ETF將為包括比特幣礦業公司，汽車公司和能源在內的七個業務部門的公司提供接觸。

Some of the most notable firms in the ETF include Michael Saylor’s Strategy, mining company MARA, automotive manufacturer Tesla, BTC treasury company Metaplanet, and aerospace energy firm KULR Technology Group.

ETF中一些最著名的公司包括邁克爾·塞勒（Michael Saylor）的戰略，礦業公司Mara，汽車製造商特斯拉（Tesla），BTC財政公司Metaplanet和Aerostace Energy Firms Kulr Technology Group。

Grayscale’s Bitcoin Adopters ETF highlights the growing trend of Bitcoin acquisition companies using the scarce digital asset to drive up shareholder prices and to protect their corporate financial reserves against the inflation inherent in fiat currencies.

Grayscale的比特幣採用者ETF強調了比特幣採集公司使用稀缺數字資產來推動股東價格並保護其企業金融儲備免受菲亞特貨幣固有的通貨膨脹率的增長趨勢。

Cantor plans $3B crypto venture with SoftBank, Bitfinex and Tether: Report

Cantor計劃$ 3B加密貨幣，帶軟銀，Bitfinex和Tether：報告

Bitcoin treasury companies and the effect on BTC markets

比特幣國庫公司以及對BTC市場的影響

Blockstream CEO Adam Back recently wrote that Bitcoin treasury companies will cause BTC to surge to a $200 billion market capitalization in the coming years.

Blockstream首席執行官亞當（Adam Back）最近寫道，比特幣國庫公司將使BTC在未來幾年內增加到2000億美元的市值。

According to the CEO, companies adopting BTC are "front-running" market participants in their early bet that hyperbitcoinization — a reference to a point where BTC becomes the dominant store of value — will happen.

據首席執行官稱，採用BTC的公司是“最初”的市場參與者，他們的早期賭注是，超額競爭者將發生超穩定化（指對BTC成為主要價值存儲的地步）。

Fidelity Digital Assets released metrics suggesting that the supply of BTC on exchanges is dwindling due to heightened buying pressure from companies like Strategy that regularly acquire Bitcoin for their corporate reserves.

Fidelity Digital Assets發布的指標表明，由於諸如策略等公司的購買壓力加重，該公司在交流上的供應正在減少，這些公司經常為其公司儲備收購比特幣。

"Public Companies have bought over 30,000 bitcoin per month so far in 2025," Fidelity Digital Assets wrote in an April 24 X post.

富達數字資產在4月24日x帖子中寫道：“到目前為止，上月，上市公司每月已經購買了30,000多個比特幣。”

Michael Saylor’s Strategy is currently the largest corporate holder of Bitcoin, outside of crypto exchange companies like Coinbase, and continues accumulating BTC regularly.

邁克爾·塞勒（Michael Saylor）的戰略目前是比特幣（Bitcoin）之外最大的比特幣公司持有人，例如Coinbase等加密交易所（Coinbase），並繼續定期積累BTC。

Adam Livingston, the author of "The Bitcoin Age and The Great Harvest," said that Strategy’s aggressive BTC buying is synthetically halving the newly minted BTC supply.

“比特幣時代和大收成”的作者亞當·利文斯頓（Adam Livingston）表示，策略的積極性BTC購買正在合成將新近鑄造的BTC供應量減少。

Livingston added that institutions like Strategy are purchasing an average of 2,087 BTC per day, dwarfing the daily output of miners, who collectively produce around 450 BTC per day.

利文斯頓補充說，諸如策略之類的機構每天平均購買2,087 BTC，使礦工的每日產出相形見,，他們每天共同生產約450 BTC。

The rapid accumulation of BTC by institutions outpacing miner output should create a supply crunch that will drive the price of Bitcoin to heights unaffordable for most retail investors, Livingston concluded.

利文斯頓總結說，BTC的迅速積累超過了礦工的產出，應該會產生供應緊縮，這將使大多數零售投資者的價格推動比特幣的價格促進高地的價格。