MicroStrategy，Bitcoin和XRP鯨魚垃圾場：有什麼交易？

MicroStrategy在比特幣上加倍，而XRP聯合創始人則引起了波浪。我們打破了對加密市場的影響。

MicroStrategy, Bitcoin, and XRP Whale Dumps: What's the Deal?

MicroStrategy，Bitcoin和XRP鯨魚垃圾場：有什麼交易？

MicroStrategy is all-in on Bitcoin, and an XRP co-founder just made a big move. Here's the lowdown on what's happening in the wild world of crypto.

MicroStrategy全力以赴，XRP聯合創始人剛剛做出了重大舉動。這是對加密世界中發生的事情的低點。

MicroStrategy's Bitcoin Bonanza Continues

MicroStrategy的比特幣大富翁繼續

Strategy (formerly MicroStrategy) isn't just dipping its toes into Bitcoin; it's diving headfirst. They've just expanded their stock offering to a whopping $2 billion, all earmarked for buying even more Bitcoin. That's on top of the 607,000+ BTC they already hold, making them the biggest corporate Bitcoin whale out there. Some analysts highlight that as of mid-2025, Strategy holds 2.9% of Bitcoin's total supply. Talk about conviction!

策略（以前是微型流通）不僅將其腳趾浸入比特幣中；首先是潛水。他們剛剛將股票的產品擴大到了20億美元，所有這些都專門用於購買更多的比特幣。這是他們已經持有的607,000多個BTC之上的，使它們成為那裡最大的企業比特幣鯨魚。一些分析師強調，截至2025年中期，戰略佔比特幣總供應量的2.9％。談論信念！

Is this a brilliant move or a risky gamble? Bulls see it as a sign of long-term confidence in Bitcoin. Critics worry that over-leveraging could spell trouble if Bitcoin takes a tumble. The company's preferred stock offerings (STRK, STRF, STRD, and STRC) are key to this strategy, allowing them to raise capital and accumulate Bitcoin without traditional debt. The latest STRC offering, priced at $90 per share with a 9% variable dividend, expands their buying power. This model hinges on Bitcoin's continued appreciation, which isn't guaranteed. Risks include dividend pressure, seniority over common equity, and refinancing challenges.

這是一個出色的舉動還是冒險的賭博？公牛將其視為對比特幣長期信心的標誌。批評者擔心，如果比特幣跌倒，過度槓桿作用可能會遇到麻煩。該公司的首選股票產品（Strk，Strf，Strd和Strc）是該策略的關鍵，使他們能夠籌集資金並在沒有傳統債務的情況下積累比特幣。最新的Strc產品價格為每股90美元，可變股息9％，擴大了其購買力。該模型取決於比特幣的持續欣賞，這是不能保證的。風險包括股息壓力，對共同股權的資歷以及再融資挑戰。

XRP Whale Alert: Co-Founder Offloads Millions

XRP鯨魚警報：聯合創始人卸載數百萬

Meanwhile, in XRP land, Ripple co-founder Chris Larsen transferred 50 million XRP (around $140 million) to exchanges. Whale dumps like this can sometimes spook the market, leading to price dips.

同時，在XRP Land，Ripple聯合創始人Chris Larsen將5000萬XRP（約1.4億美元）轉移到了交易所。這樣的鯨魚垃圾場有時會嚇到市場，從而導致價格下跌。

Spot Bitcoin ETFs See Inflows

斑點比特幣ETF看到流入

U.S. Spot Bitcoin ETFs experienced significant net inflows of $129.37 million on July 25, 2025, reflecting heightened institutional and retail investor confidence in crypto-linked investment vehicles. BlackRock’s IBIT dominated the inflows with $91.50 million. These ETFs make Bitcoin more accessible to traditional investors, addressing concerns about custody and security. While Grayscale's GBTC saw outflows, analysts attribute this to market adjustments rather than a loss of faith in Bitcoin.

美國現貨比特幣ETF在2025年7月25日經歷了1.2937億美元的大量淨流入，反映了機構和零售投資者對加密貨幣互聯投資工具的信心提高。貝萊德（Blackrock）的伊比特（Ibit）以9150萬美元的價格佔據了流入。這些ETF使傳統投資者更容易獲得比特幣，從而解決了對監護和安全的擔憂。儘管Grayscale的GBTC看到了外流，但分析師將其歸因於市場調整，而不是對比特幣的信念。

The Bottom Line

底線

MicroStrategy's aggressive Bitcoin strategy is a bold bet on the future of cryptocurrency. The preferred stock structure is interesting. Whether it pays off remains to be seen. The XRP whale dump adds a bit of drama, but the continued inflows into Bitcoin ETFs show that institutional interest in crypto is still growing.

MicroStrategy的積極性比特幣策略是對加密貨幣未來的大膽賭注。首選的庫存結構很有趣。是否有回報還有待觀察。 XRP鯨魚垃圾場增加了一些戲劇性，但是持續流入比特幣ETF表明，對加密貨幣的機構興趣仍在增長。

So, what does it all mean? Buckle up, buttercup! The crypto coaster is always full of surprises. Who knows what tomorrow will bring!

那麼，這意味著什麼？係好，毛cup！加密過山車總是充滿驚喜。誰知道明天會帶來什麼！