比特币价格下跌：通过公司策略导航下降

探索像Microstrategy and Beyond，Inc。这样的公司如何使用比特币储备金和CVR等策略在价格下跌以创新和保存资本。

Bitcoin Price Drop: Navigating the Dip with Corporate Strategies

比特币价格下跌：通过公司策略导航下降

Bitcoin's price fluctuations are old news. But how companies react to these dips? Let's dive into how firms are strategizing around Bitcoin's volatility, from MicroStrategy's bold moves to innovative approaches like Contingent Value Rights (CVRs).

比特币的价格波动是旧新闻。但是公司对这些倾角的反应如何？让我们深入研究公司如何围绕比特币的波动性制定企业，从Microstrategy的大胆动作到创新的方法，例如偶然的价值权利（CVRS）。

MicroStrategy's Bitcoin Treasury Playbook

Microstrategy的比特币国库剧本

MicroStrategy, the OG corporate Bitcoin bull, really shook things up back in 2020. They didn't just dip a toe; they cannonballed into the crypto pool, amassing a massive Bitcoin treasury. This sparked a trend, with companies across various sectors exploring crypto as a way to boost investor interest.

OG企业比特币公牛MicroStrategy在2020年确实使事情震撼了。他们不仅倾斜了脚趾。他们进入加密货币池中，积累了庞大的比特币国库。这引发了趋势，跨各个部门的公司探索了加密货币，以增加投资者的兴趣。

On July 29, 2025, Strategy (Nasdaq: MSTR) announced that it had closed its initial public offering of around 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90, thus raising about $2.52 billion. Strategy announced that the proceeds from the IPO of the newly formed vehicle were used to purchase 21,021 Bitcoins.

2025年7月29日，战略（纳斯达克股票代码：MSTR）宣布，它已关闭了其首次公开发行的约2800万股可变利率系列A永久优先股（Strc）的股票，以90美元的公开发行价格，因此筹集了约25.2亿美元。策略宣布，新成立的车辆IPO的收益用于购买21,021个比特币。

“Strategy has acquired 21,021 BTC for around $2.46 billion at about $117,256 per Bitcoin and has achieved a BTC Yield of 25.0% YTD 2025. As of 7/29/2025, we hodl 628,791 BTC acquired for approximately $46.08 billion at around $73,277 per Bitcoin,” Michael Saylor, Chairman at Strategy, noted.

“策略以24.6亿美元的价格获得了21,021 BTC，每比特币117,256美元，并获得了BTC的收益率为25.0％YTD 2025。截至7/29/2025，我们以大约46.08亿美元的价格获得了约76.08亿美元的BTC，大约是76.79亿美元，迈克尔（Mainter）的2791美元，273.73,73,73,7,73,7,73,7,7,73,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,7,73,7,7,7,7,7,27，27，27,27，' 著名的。

Beyond, Inc.: A Balancing Act with CVRs and Bitcoin

Beyond，Inc。：与CVR和比特币的平衡行为

Beyond, Inc. (NYSE: BYND), is trying to balance innovation and risk. They're using Contingent Value Rights (CVRs) and a Bitcoin reserve to stabilize their business and aim for long-term growth. But can these unconventional tools really deliver without too much risk?

Beyond，Inc。（NYSE：BYND）正在试图平衡创新和风险。他们使用偶然的价值权利（CVR）和比特币储备来稳定其业务并旨在实现长期增长。但是，这些非常规工具真的可以没有太大的风险提供吗？

Their CVR strategy, which is tied to its Medici portfolio, aims to distribute proceeds from blockchain holdings to shareholders. Think of it as a way to unlock value from assets that aren't being fully used.

他们的CVR战略与Medici Portfolio相关，旨在将区块链持有的收益分配给股东。将其视为一种从未完全使用的资产中解锁价值的一种方式。

However, Bitcoin's wild ride, with an annualized volatility of 71.56% (assessed between 2018 and 2025!), makes it a risky reserve asset. Critics point out its correlation with equities, especially during downturns, undermining its safe-haven appeal.

但是，比特币的野外骑行率为71.56％（在2018年至2025年之间进行了评估！），使其成为危险的储备资产。评论家指出，其与股票的相关性，尤其是在低迷期间，破坏了其安全的吸引力。

The Memecoin Dip: A Buying Opportunity?

Memecoin DIP：购买机会？

Even memecoins aren't immune to price drops. Fartcoin (yes, really) experienced a 14% drop on July 28th, triggering significant long liquidations. However, data suggests accumulation actually increased during July, indicating that some investors saw the dip as a buying opportunity.

即使是纪念物也不能免疫价格下跌。 Fartcoin（是的，实际上）在7月28日下降了14％，引发了长期的清算。但是，数据表明在7月的积累实际上有所增加，表明一些投资者将下降视为购买机会。

One analyst noted that the memecoin price surged over 600% after March’s long liquidation. While the exchange sell pressure also spiked 16.86% during the Monday dump, if history repeats, the decline could be a great discount buying opportunity.

一位分析师指出，三月份清算后的成员价格飙升了600％以上。虽然交换卖压力在周一垃圾场中也飙升了16.86％，但如果历史重演，那么下降可能是一个很棒的折扣购买机会。

What's the Takeaway?

收获是什么？

Bitcoin's price drops are inevitable, but the strategies companies employ to navigate them are fascinating. Whether it's MicroStrategy's all-in approach, Beyond's balancing act, or memecoin investors buying the dip, there's no shortage of ways to play the crypto game.

比特币的价格下跌是不可避免的，但是公司对其进行导航的策略令人着迷。无论是MicroStrategy的全面方法，超越平衡行为，还是购买DIP的Memecoin投资者，都不乏玩加密游戏的方法。

So, the next time you see Bitcoin taking a tumble, remember: it's not just about the price. It's about the strategy, baby! And who knows, maybe you'll find your own unique way to ride the crypto rollercoaster. Just remember to buckle up – it's gonna be a wild one!

因此，下次您看到比特币滚滚时，请记住：这不仅仅是价格。宝贝，这是关于策略的！谁知道，也许您会找到自己独特的方式来骑加密过山车。只要记住要系好 - 这将是一个狂野的！