就在：杰克·马拉尔（Jack Mallers）二十一首资本和绳索以458,700,000美元的价格购买4,812 #bitcoin

2025年5月14日，二十一首首都，一家比特币本地金融公司，由系绳，软银和Bitfinex等重量级人物支持，通过收购4,812 BTC，成为头条新闻

On May 14, 2025, Twenty One Capital, a Bitcoin-native financial firm backed by Tether, SoftBank, and Bitfinex, reportedly acquired 4,812 BTC at an average price of $95,300.

据报道，2025年5月14日，二十一首资本，一家由Tether，Softbank和Bitfinex支持的比特币本地金融公司，据报道以95,300美元的价格收购了4,812 BTC。

According to reports, the firm's treasury holdings now total over 42,000 BTC, making it the third-largest public Bitcoin holder.

据报道，该公司的财政部持有现在总计超过42,000 BTC，使其成为第三大公共比特币持有人。

According to a recent interview with Blockware Solutions, Jack Mallers, CEO of Twenty One Capital, prefers to focus on maximizing Bitcoin per share, positioning the firm as a pure-play Bitcoin opportunity in capital markets.

根据最近对Blockware Solutions的采访，二十一资本首席执行官Jack Mallers更喜欢专注于每股比特币最大化，将公司定位为资本市场中的纯比特币机会。

This approach contrasts with Strategy's strategy, which aims to maximize earnings per share (EPS) despite facing challenges with stock issuance efficiencies. For instance, Strategy bought 100 BTC at an average price of $104,200 on March 17, 2025, at an efficient price. However, the firm's stock sold poorly that day, raising only $10.7 million in new capital.

这种方法与战略的战略形成鲜明对比，该战略旨在最大程度地提高每股收益（EP），尽管面临股票发行效率的挑战。例如，战略以有效的价格以104,200美元的平均价格购买了100 BTC。但是，当天该公司的股票销售不佳，仅筹集了1,070万美元的新资本。

This inefficiency is a common challenge for firms like Strategy and Strategy, which are frequently challenged by market conditions when issuing stock to buy Bitcoin.

对于战略和战略等公司而言，这种效率低下是一个普遍的挑战，战略和战略，这些效率在发行股票购买比特币时经常受到市场条件的挑战。

However, Twenty One Capital's strategy is designed to capitalize on market inefficiencies.

但是，二十一首资本的战略旨在利用市场效率低下。

“We're offering a purer Bitcoin investment vehicle than what they have at Strategy. It's a different strategy. We're trying to maximize Bitcoin per share. So, we're a leveraged play on the Bitcoin price in the capital markets. It's a pure-play Bitcoin opportunity. It's not meant to be a proxy for the broader financial markets,” Mallers explained.

“我们提供的比特币投资工具要比他们在战略方面拥有的。这是一种不同的策略。我们试图最大限度地提高比特币的每股比特币。因此，我们在资本市场的比特币价格上发挥了一项杠杆作用。这是一个纯粹的比特币机会。这不是一个纯粹的比特币价格。这并不是要为更广泛的市场而言是一个代理，” Mallers解释说。

This massive purchase signals an interesting chapter in the ongoing narrative of corporate Bitcoin adoption.

这种大规模的购买标志着企业比特币采用的持续叙述中的一个有趣的一章。

Earlier this year, Strategy, known for its significant Bitcoin holdings, encountered a setback with a $670.8 million loss in Q4 2024. The loss was attributed to a $564.4 million impairment charge on its digital asset holdings, highlighting the high-stakes nature of these investments.

今年早些时候，以其大量比特币持有量而闻名的战略遇到了挫折，在2024年第四季度损失了6.708亿美元。损失归因于其数字资产持有的5.644亿美元的损害收费，这突出了这些投资的高股票性质。

Strategy's Bitcoin buying spree has slowed recently due to stock sale difficulties. Despite aiming to raise $42 billion to buy more Bitcoin with its “21/21” plan, Strategy has only managed to sell $1.34 billion worth of stock and buy 38,660 BTC this year.

由于股票销售困难，策略的比特币购买狂潮最近放慢了速度。尽管目标是通过其“ 21/21”计划筹集420亿美元购买更多比特币，但战略仅设法仅售出价值13.4亿美元的股票，今年购买了38,660 BTC。

According to Bitcoin Treasuries, Strategy currently holds 568,842 BTC, valued at $39.41 billion (at an average price of $69,284 per BTC) as of May 11, 2025.

根据比特币国债的数据，截至2025年5月11日，战略目前持有568,842 BTC，价值394.1亿美元（平均价格为每BTC 69,284美元）。

Meanwhile, Metaplanet, often referred to as "Strategy of Asia," is another institution that has notably adopted Bitcoin.

同时，Metaplanet通常被称为“亚洲战略”，是另一个主要采用比特币的机构。

According to Bitcoin Treasuries, at the beginning of May 2025, Metaplanet's treasury boasted 6,796 BTC, already surpassing El Salvador's holdings.

根据比特币国库券的说法，2025年5月初，Metaplanet的国库拥有6,796 BTC，已经超过了萨尔瓦多的持股。

Furthermore, Semler Scientific, a medical device company, is also engaging in Bitcoin accumulation. According to Bitcoin Treasuries, the firm had a total of 3,634 BTC valued at $342 million by May 2025.

此外，医疗器械公司Semler Scientific也正在从事比特币积累。根据比特币国库，该公司的总计3,634 BTC的价值为3.42亿美元，到2025年5月。

These institutions view Bitcoin as “digital gold,” serving as a hedge against inflation and a store of value in an uncertain economic landscape.

这些机构将比特币视为“数字黄金”，是对冲通货膨胀和不确定经济环境中价值的对冲。

Their strategies often involve issuing bonds or stocks to fund Bitcoin purchases. For instance, Strategy plans to sell up to $21 billion worth of stock to invest in Bitcoin, while MicroStrategy earlier sold bonds for $561 million to buy BTC.

他们的策略通常涉及发行债券或股票以资助比特币购买。例如，战略计划出售多达210亿美元的股票以投资比特币，而MicroStrategy早些时候以5.61亿美元的价格出售了债券以购买BTC。

It's worth noting that several public companies, including MARA, Tesla, and Tether, are known to engage in periodic Bitcoin acquisitions. However, there are inherent risks involved, as highlighted by Strategy's recent performance.

值得注意的是，已知包括Mara，Tesla和Tether在内的几家上市公司会定期进行比特币收购。但是，策略最近的表现强调了固有的风险。

With Twenty One Capital's entry and its massive Bitcoin purchase, the competition among institutions to accumulate the crypto asset is heating up.

随着二十一首资本的进入及其大规模的比特币购买，机构之间积累加密资产的竞争正在加热。