MicroStrategy 計劃將可轉換票據發行的部分淨收益用於購買更多比特幣

該公司已經累積了大量比特幣，目前是全球最大的 BTC 企業持有者，截至最新提交的文件，擁有約 214,400 枚比特幣，價值約 140 億美元。

MicroStrategy (Nasdaq: MSTR) announced Monday that it has raised $687.8 million in gross proceeds from the offering of senior secured notes.

MicroStrategy（納斯達克股票代碼：MSTR）週一宣布，其透過發行優先擔保票據籌集了 6.878 億美元的總收益。

The company plans to use a portion of the proceeds to acquire more Bitcoin for its treasury, adding to its already vast cryptocurrency stash.

該公司計劃用部分收益為其金庫購買更多比特幣，增加其本已龐大的加密貨幣儲備。

MicroStrategy is now the world’s largest corporate holder of BTC, with roughly 214,400 coins valued at approximately $14 billion as of the latest filings.

MicroStrategy 目前是全球最大的 BTC 企業持有者，截至最新提交的文件，擁有約 214,400 個比特幣，價值約 140 億美元。

The notes will carry a 2.25% annual interest rate and mature in June 2032, with MicroStrategy retaining the option to redeem them early under specific circumstances after June 2029.

該票據的年利率為 2.25%，將於 2032 年 6 月到期，MicroStrategy 保留在 2029 年 6 月後在特定情況下提前贖回的選擇權。

The offering comes amid a broader crypto market rally, which has seen Bitcoin’s price soar to levels not seen since last year.

這次發行正值加密市場更廣泛的反彈之際，比特幣的價格飆升至去年以來的最高水準。

Data from DeFiLlama suggests the total raised could be as high as $101 billion since 2014, while The Block Research puts the figure closer to $95 billion starting from 2017.

DeFiLlama 的數據顯示，自 2014 年以來籌集的資金總額可能高達 1,010 億美元，而 The Block Research 預計從 2017 年開始這一數字將接近 950 億美元。

Venture capital and token sales have been crucial fuel for the crypto sector’s growth, but the billions invested haven’t always translated into success stories.

創投和代幣銷售一直是加密產業成長的關鍵動力，但數十億美元的投資並不總是轉化為成功的故事。

Traditional exits, like major acquisitions or public listings, have been scarce and, according to Pantera Capital’s Paul Veradittakit, have “taken longer than I think you normally expect from traditional VC.

傳統的退出，例如重大收購或公開上市，一直很少見，根據 Pantera Capital 的 Paul Veradttakit 的說法，「花費的時間比我認為傳統創投通常預期的要長。

Coinbase’s (Nasdaq: COIN) 2021 direct listing stands as a rare exception.

Coinbase（納斯達克股票代碼：COIN）2021 年直接上市是一個罕見的例外。

Adding to investor scars are high-profile failures like FTX and BlockFi, which have led some big players like Tiger Global and Temasek to retreat from the space, with the latter writing down a hefty stake in FTX after its collapse, and saying last year it had no plans to invest in crypto exchanges.

FTX 和 BlockFi 等備受矚目的失敗讓投資者雪上加霜，這導致 Tiger Global 和淡馬錫等一些大公司退出該領域，後者在 FTX 倒閉後減記了 FTX 的大量股份，並表示去年沒有計劃投資加密貨幣交易所。

Looking at dealmaking, Coinbase Ventures leads the pack with the most investments since 2017, while the most recent quarter saw a rise in crypto venture funding to $2.5 billion, coinciding with a broader crypto market rally.

從交易角度來看，Coinbase Ventures 是 2017 年以來投資最多的公司，而最近一個季度的加密貨幣風險投資額增加至 25 億美元，與更廣泛的加密貨幣市場反彈同時發生。