MicroStrategy 的比特币购买呈红色闪烁，凸显了 BTC 的波动性

MicroStrategy 是比特币领域最著名的机构投资者之一。但即使对于经验丰富的投资者来说，把握市场时机也可能很困难

One of the most well-known institutional investors in Bitcoin is MicroStrategy. But even for seasoned investors, timing the market can be difficult, as seen by their most recent Bitcoin purchase, which is currently showing red.

MicroStrategy 是比特币领域最著名的机构投资者之一。但即使对于经验丰富的投资者来说，把握市场时机也可能很困难，正如他们最近购买的比特币（目前呈红色）所示。

At present, MicroStrategy’s August 2024 acquisition of 8,169 Bitcoin at an average price of $67,455 per Bitcoin is indicating a loss of roughly $1.3 million, signifying an 11.61% decline in value. Given that MicroStrategy’s Bitcoin holdings have typically produced profits over the long run, this underperformance is noteworthy. With an all-time return of about 61.45% or $5.1 billion, the company has amassed a total of over 811,000 BTC.

目前，MicroStrategy 于 2024 年 8 月以每比特币平均价格 67,455 美元收购了 8,169 个比特币，损失约 130 万美元，意味着价值下跌 11.61%。鉴于 MicroStrategy 持有的比特币通常会在长期内产生利润，这种表现不佳值得注意。该公司的历史回报率约为 61.45%（即 51 亿美元），总共积累了超过 811,000 枚 BTC。

Still, even for institutional investors with long-term investment horizons, the recent purchase underscores the volatility and risks involved with Bitcoin. The price of Bitcoin has been anything but stable lately. Bitcoin is currently trading at about $59,738 on the given chart, which is slightly below the crucial $60,000 threshold.

尽管如此，即使对于具有长期投资视野的机构投资者来说，最近的购买也凸显了比特币的波动性和风险。比特币的价格最近并不稳定。在给定图表上，比特币目前的交易价格约为 59,738 美元，略低于关键的 60,000 美元门槛。

As of March 2024, the asset has been in a descending channel, and it is currently hovering close to its lower boundary. A crucial level for long-term investors, the 200-day moving average is where price action suggests Bitcoin is having difficulty staying above.

截至2024年3月，该资产一直处于下降通道，目前徘徊在其下限附近。对于长期投资者来说，200 日移动平均线是一个至关重要的水平，价格走势表明比特币很难保持在该水平之上。

This suggests a period of uncertainty in the market where, depending on market sentiment and external factors like macroeconomic conditions, Bitcoin could either attempt to rally towards higher levels or break down below the descending channel.

这表明市场处于一段不确定时期，根据市场情绪和宏观经济状况等外部因素，比特币可能会尝试反弹至更高水平，也可能跌破下降通道。

The risks of buying Bitcoin at high levels are highlighted by the poor performance of MicroStrategy’s latest Bitcoin purchase. However, the company has a long-term strategy and has realized substantial gains in the past. The recent loss is a minor setback that MicroStrategy should be able to weather without any problems, given its vast liquidity.

MicroStrategy 最新购买比特币的糟糕表现凸显了高位购买比特币的风险。然而，该公司制定了长期战略，并在过去取得了可观的收益。鉴于 MicroStrategy 拥有巨大的流动性，最近的损失是一个小挫折，但它应该能够毫无问题地度过。