MicroStrategy的比特币下注：持股，抛售问题和标准普尔500指数梦想

MicroStrategy在比特币上加倍，引发了有关公司加密采用和潜在市场风险的辩论。抛售问题是合理的吗？

MicroStrategy's Bitcoin Bet: Holdings, Sell-Off Concerns, and S&P 500 Dreams

MicroStrategy的比特币下注：持股，抛售问题和标准普尔500指数梦想

MicroStrategy's aggressive Bitcoin accumulation continues, fueling speculation and debate within the crypto community. Is it a brilliant strategy or a ticking time bomb? Let's dive in.

MicroStrategy积极进取的比特币积累继续，加剧了加密社区内的猜测和辩论。这是一个出色的策略还是滴答时间炸弹？让我们潜水。

The Ever-Growing Bitcoin Hoard

不断增长的比特币ho积

Michael Saylor's Strategy, previously known as MicroStrategy, recently announced the purchase of an additional 4,980 Bitcoin for a cool $531 million. This brings their total holdings to a staggering 597,325 BTC as of June 29, 2025, acquired at an average price of $70,982 per coin. This move puts to rest recent rumors of a sell-off.

迈克尔·塞勒（Michael Saylor）的策略（以前称为MicroStrategy）最近宣布购买了额外的4,980比特币，价格为5.31亿美元。截至2025年6月29日，这使他们的总股份达到了惊人的597,325 BTC，平均价格为每币70,982美元。此举使最近关于抛售的谣言休息了。

Sell-Off Speculation: Smoke or Fire?

抛售的猜测：烟还是火？

Despite the bullish accumulation, recent Bitcoin transactions by MicroStrategy raised eyebrows. The transfer of 7,382 BTC (valued at around $796 million) to new wallets sparked speculation about a potential sell-off. While the company hasn't officially commented, the crypto community is buzzing. Adding fuel to the fire, reports surfaced that MicroStrategy's President and CEO, Phong Le, has been reducing his MSTR stock holdings.

尽管累积了看涨，但近最近的比特币交易引起了眉毛。新钱包的7,382 BTC（价值约7.96亿美元）转移到新钱包中，引发了人们对潜在抛售的猜测。虽然该公司尚未正式发表评论，但加密社区却在嗡嗡作响。报告说，大火增加了燃料，报道说Microstrategy的总裁兼首席执行官Phong Le一直在减少他的MSTR股票持有量。

The S&P 500 Dream

标普500梦想

MicroStrategy's Bitcoin strategy seems to be paying off. The company has a high chance of being included in the S&P 500, a milestone that could further legitimize corporate crypto adoption. Analyst Jeff Walton suggests the odds are good, provided Bitcoin doesn't tank by more than 10% before the end of June. If successful, Strategy would become the second crypto-linked company to enter the S&P 500 in 2025.

MicroStrategy的比特币策略似乎正在获得回报。该公司有很大的机会被纳入标准普尔500指数，这是一个可以进一步使公司加密货币合法化的里程碑。分析师杰夫·沃尔顿（Jeff Walton）认为，赔率很好，前提是比特币在6月底之前的储量不超过10％。如果成功，策略将成为2025年进入标准普尔500标准普尔500标准普尔500指数的第二家公司。

A Bull Market Built on Debt?

牛市建立在债务上？

MicroStrategy's aggressive Bitcoin strategy is being replicated by other companies, raising concerns about systemic fragility. A report notes that 199 entities now collectively hold over 3 million BTC. While this may seem bullish, an extended downturn could force liquidations, triggering a

MicroStrategy的积极性比特币战略正在其他公司复制，这引起了人们对系统性脆弱性的担忧。一份报告指出，现在有199个实体持有超过300万BTC。虽然这似乎是看好的，但延长的低迷可能会迫使清算，触发