MicroStrategy鞏固了最大的企業比特幣持有人的地位，另外十億美元的收購

著名的軟件服務公司MicroStrategy繼續鞏固其作為比特幣最大的公司持有人的地位，並以全新的價值收購。

Prominent software services firm MicroStrategy continues to solidify its position as the largest corporate holder of Bitcoin with a fresh billion-dollar acquisition.

著名的軟件服務公司MicroStrategy繼續鞏固其作為比特幣最大的公司持有人的地位，並以全新的價值收購。

Today, the firm disclosed adding 10,107 BTC to its already massive Bitcoin portfolio. This latest acquisition came at $105,596 per token, bringing the total new capital to $1.1 billion.

如今，該公司透露了其本已大量比特幣投資組合中增加了10,107 BTC。這項最新收購的價格為105,596美元，使新資本總計為11億美元。

As of today, MicroStrategy now controls a Bitcoin portfolio consisting of 471,107 tokens, purchased for approximately $30.4 billion over the last four years.

截至今天，MicroStrategy現在控制著一個由471,107個代幣組成的比特幣投資組合，在過去的四年中以大約304億美元的價格購買。

Interestingly, MicroStrategy also invested $1.1 billion in the Bitcoin market last week, acquiring 11,000 tokens in return. As of now, this acquisition has seen a gain of $4.45 million.

有趣的是，上週，MicroStrategy在比特幣市場上投資了11億美元，以回報獲得11,000個令牌。截至目前，此次收購的收入增長了445萬美元。

However, the firm is getting fewer tokens today—10,107 BTC—for the same $1.1 billion investment. This discrepancy is due to Bitcoin’s price increase since the previous acquisition.

但是，該公司今天獲得了同樣11億美元的投資，該公司的代幣（BTC 10,107 btc）較少。這種差異是由於比特幣自上次收購以來的價格上漲。

While MicroStrategy bought 10,107 BTC at $105,596 per token, the asset’s current value stands at $99,999 at press time. As a result, this latest acquisition is experiencing an unrealized loss of $85.5 million, a dip of 7.8%.

雖然MicroStrategy以每個令牌的價格以105,596美元的價格購買了10,107 BTC，但本發稿時，資產的當前價值為99,999美元。結果，這一最新的收購是未實現的8550萬美元損失，下降了7.8％。

Interestingly, MicroStrategy only faces losses with this week’s acquisition and the one from December 23. All other individual acquisitions show impressive profitability.

有趣的是，MicroStrategy僅在本週的收購中面臨損失，而從12月23日開始，所有其他個人收購都顯示出令人印象深刻的盈利能力。

Cumulatively, MicroStrategy is sitting on an unrealized gain of $16.95 billion, having invested around $30.4 billion in Bitcoin. This reflects a 55.76% return, as its entire Bitcoin portfolio is now valued at $47.35 billion.

累積地，MicroStrategy的收益為169.5億美元，投資了大約304億美元的比特幣。這反映了55.76％的回報，因為其整個比特幣投資組合現在價值473.5億美元。

Notably, with this Monday’s announcement, MicroStrategy continues its weekly dollar-cost averaging Bitcoin strategy established in November 2024. Specifically, every week since November 11, 2024, the company has disclosed new Bitcoin acquisitions and today is no different.

值得注意的是，隨著本週一的宣布，MicroStrategy繼續其每週的美元成本平均比特幣戰略於2024年11月建立。特別是自2024年11月11日以來的每週，該公司都披露了新的比特幣收購，如今並沒有什麼不同。

Despite growing caution from other market participants, it continues to buy Bitcoin in the $100K price range. Many are wary of acquiring Bitcoin at these levels due to concerns about bearish market performance. This sentiment is evident in the comments following the latest announcement.

儘管其他市場參與者的謹慎態度越來越小，但它繼續在10萬美元的價格範圍內購買比特幣。由於對看跌市場績效的擔憂，許多人對在這些水平上獲取比特幣保持警惕。在最新公告之後的評論中，這種情緒很明顯。

Bitcoin critic and Chief Economist Peter Schiff pointed out that MicroStrategy’s average cost per Bitcoin keeps rising while Bitcoin’s overall price has been declining. He argues that if this trend continues, the company’s entire position could eventually be at a loss, especially as its holdings increase and more debt is taken on to fund the acquisitions.

比特幣評論家兼首席經濟學家彼得·席夫（Peter Schiff）指出，微觀策略的平均每比特幣成本在不斷上升，而比特幣的總價格正在下降。他認為，如果這種趨勢繼續下去，該公司的整個頭寸最終可能會虧本，尤其是隨著其持股增加並承擔更多債務以資助收購。

Another commentator expressed similar concerns, highlighting that MicroStrategy’s average cost per Bitcoin is getting very high. They suggest that there is a good chance that the company's Bitcoin holdings will be in the red by 2026-2027, assuming that the current pace of acquisitions continues and bearish market conditions set in. However, it is expected that the company's Bitcoin position will return to profitability by 2028-2029.

另一位評論員也表達了類似的擔憂，強調了Microstrategy的平均每個比特幣成本越來越高。他們認為，假設當前的收購速度繼續持續並設定出看跌的市場條件，公司的比特幣持有量很有可能會在2026 - 2027年之前處於紅色。但是，預計公司的比特幣頭寸將返回到2028-2029到盈利能力。