MicroStrategy 推出 42B 美元計劃加倍押注比特幣以擴大其市場主導地位

MicroStrategy 這個名字現在與比特幣世界密不可分，它的大膽和長期願景繼續令人驚嘆。

MicroStrategy, a pioneer in institutional Bitcoin adoption, has filed an ambitious plan with the SEC to raise $42 billion over three years, aiming to maximize its BTC holdings under the “21/21” initiative.

MicroStrategy 是機構採用比特幣的先驅，已向 SEC 提交了一項雄心勃勃的計劃，將在三年內籌集 420 億美元，旨在根據「21/21」計劃最大限度地增加其 BTC 持有量。

The bold strategy, which comes as MicroStrategy has already allocated a significant portion of its treasury to Bitcoin, will see the company leverage all available financial instruments to bolster its crypto holdings.

這項大膽的策略是在 MicroStrategy 已經將其資金的很大一部分分配給比特幣之際推出的，該公司將利用所有可用的金融工具來增強其加密貨幣持有量。

As part of the plan, MicroStrategy will seek approval for a substantial increase in the number of authorized shares, reaching up to 10.33 billion for Class A common stock and over one billion for preferred shares. This move is crucial to support the company's large-scale Bitcoin acquisitions.

作為該計畫的一部分，MicroStrategy 將尋求批准大幅增加授權股票數量，A 類普通股達到 103.3 億股，優先股超過 10 億股。此舉對於支持該公司大規模比特幣收購至關重要。

The company, which began buying Bitcoin in 2020, has a deep-seated belief in the digital asset's potential as a store of value and an alternative to the traditional financial system, which it views as inherently unstable.

該公司於 2020 年開始購買比特幣，堅信數位資產作為價值儲存手段和傳統金融體系替代品的潛力，該公司認為傳統金融體系本質上不穩定。

However, MicroStrategy's heavy reliance on Bitcoin also carries substantial risks, as the asset's volatility could lead to significant losses.

然而，MicroStrategy 對比特幣的嚴重依賴也帶來了巨大的風險，因為該資產的波動性可能會導致重大損失。

Moreover, the company's heavy concentration in a single asset class may pose problems in the event of a market downturn.

此外，該公司高度集中於單一資產類別，在市場低迷時可能會帶來問題。

Despite these concerns, MicroStrategy appears undeterred in its pursuit of crypto dominance. The company's strategy is part of a broader shift toward an economy centered on digital assets, with MicroStrategy emerging as a pioneer in this domain.

儘管存在這些擔憂，MicroStrategy 似乎並沒有阻止其對加密貨幣主導地位的追求。該公司的策略是向以數位資產為中心的經濟更廣泛轉變的一部分，MicroStrategy 已成為該領域的先驅。

With a total holding of 444,262 BTC, valued at $43.5 billion, MicroStrategy outpaces its competitors by a wide margin, fundamentally altering the landscape of institutional crypto investment.

MicroStrategy 總共持有 444,262 BTC，價值 435 億美元，大幅領先競爭對手，從根本上改變了機構加密貨幣投資的格局。

As other companies remain hesitant to follow suit, MicroStrategy's path will serve either as a roadmap to success or a cautionary tale against overconcentration.

由於其他公司仍猶豫是否效仿，MicroStrategy 的道路要么成為成功的路線圖，要么成為反對過度集中的警示故事。