比特币，持有和策略：骑鲸鱼

分析2025年7月的比特币激增，机构策略和市场趋势。

Bitcoin, Holdings, and Strategy: Riding the Whale Waves

比特币，持有和策略：骑鲸鱼

Bitcoin's been on a wild ride lately, hitting new highs and stirring up the market. Let's dive into the strategies behind the holdings, focusing on the big players and what their moves mean for the rest of us.

比特币最近一直在狂野的旅程，击中了新的高点并激动了市场。让我们深入研究持股背后的策略，专注于大型球员以及他们的举动对我们其他人的意义。

Saylor's Strategy: A Bitcoin Fortress

塞勒的策略：比特币要塞

Michael Saylor's Strategy, formerly MicroStrategy, is all-in on Bitcoin. They've been aggressively buying, adding 4,225 BTC in July 2025 alone, bringing their total to a staggering 601,550 BTC. Saylor sees Bitcoin as a "dependable store of value," and his company's actions speak louder than words. They're funding these purchases by selling securities and liquidating assets, showing a deep conviction in their long-term strategy.

迈克尔·塞勒（Michael Saylor）的策略（以前是微型策略）是比特币的。他们一直在积极购买，仅2025年7月就增加了4,225 BTC，使他们的总数达到了惊人的601,550 BTC。 Saylor认为比特币是“可靠的价值存储”，他公司的行为胜于雄辩。他们通过出售证券和清算资产来资助这些购买，在其长期战略中表现出深刻的信念。

Bhutan's Tactical Plays: Sovereign Wealth Management 2.0

不丹的战术戏剧：主权财富管理2.0

Even sovereign nations are getting in on the action. The Royal Government of Bhutan strategically sold nearly $60 million worth of Bitcoin in just four days in July 2025, capitalizing on the market surge. But don't think they're bailing out – they still hold over 11,000 BTC, showing a savvy approach to managing their crypto treasury. They're trimming during rallies and benefiting from long-term price appreciation, setting an example for other nations.

甚至主权国家也在采取行动。不丹皇家政府在2025年7月的短短四天内战略性地售出了价值近6000万美元的比特币，这利用了市场激增。但是不要以为他们正在救助 - 他们仍然拥有11,000多个BTC，展示了管理加密货币的精明方法。他们在集会期间进行修剪，并受益于长期价格赞赏，为其他国家树立了一个榜样。

Market Reactions and Profit-Taking

市场反应和获利

Bitcoin's climb to $123,000 sent ripples through the market, lifting stocks like MicroStrategy (MSTR) and Coinbase (COIN). However, after such a strong rally, a pullback was inevitable. Traders took profits, leading to a market correction. But analysts see this as "healthy profit-taking" rather than a shift in sentiment. The long-term trajectory still looks promising, with many expecting Bitcoin to stay above $100,000.

比特币的攀升至$ 123,000，使涟漪在市场上散发出来，提升了MicroStrategy（MSTR）和Coinbase（Coin）等股票。但是，经过如此强烈的集会，不可避免的是回调。交易者获得了利润，导致了市场更正。但是分析人士认为这是“健康获取”，而不是情绪的转变。长期轨迹看起来仍然很有希望，许多人期望比特币保持在100,000美元以上。

Whales vs. Retail: Who's Accumulating?

鲸鱼与零售：谁在积累？

It seems the big boys, or “whales”, have been in accumulation mode, while smaller investors are now joining the party. Strategy's continued buying at high prices suggests strong conviction. This recent accumulation by smaller investors suggests growing mainstream interest.

似乎大男孩或“鲸鱼”已经处于积累模式，而小型投资者现在正在加入聚会。策略继续以高价购买表明有力的信念。较小投资者最近的积累表明越来越多的主流兴趣。

Final Thoughts: Bitcoin's Not Just a Trend, It's a Strategy

最终想法：比特币不仅是一种趋势，而且是一种策略

Bitcoin's journey is far from over. With institutions and even countries adopting sophisticated strategies, it's clear that Bitcoin is more than just a speculative asset. It's becoming a key part of the financial landscape. So buckle up, because the ride's just getting started! Who knows, maybe one day we'll all be talking about our own Bitcoin strategies over bagels and coffee.

比特币的旅程还远远没有结束。借助机构甚至国家采用复杂策略，很明显，比特币不仅仅是投机性资产。它已成为金融格局的关键部分。因此，搭扣，因为骑行才刚刚开始！谁知道，也许有一天我们都会谈论我们对百吉饼和咖啡的比特币策略。