MicroStrategy，Bitcoin和XRP鲸鱼垃圾场：有什么交易？

MicroStrategy在比特币上加倍，而XRP联合创始人则引起了波浪。我们打破了对加密市场的影响。

MicroStrategy, Bitcoin, and XRP Whale Dumps: What's the Deal?

MicroStrategy，Bitcoin和XRP鲸鱼垃圾场：有什么交易？

MicroStrategy is all-in on Bitcoin, and an XRP co-founder just made a big move. Here's the lowdown on what's happening in the wild world of crypto.

MicroStrategy全力以赴，XRP联合创始人刚刚做出了重大举动。这是对加密世界中发生的事情的低点。

MicroStrategy's Bitcoin Bonanza Continues

MicroStrategy的比特币大富翁继续

Strategy (formerly MicroStrategy) isn't just dipping its toes into Bitcoin; it's diving headfirst. They've just expanded their stock offering to a whopping $2 billion, all earmarked for buying even more Bitcoin. That's on top of the 607,000+ BTC they already hold, making them the biggest corporate Bitcoin whale out there. Some analysts highlight that as of mid-2025, Strategy holds 2.9% of Bitcoin's total supply. Talk about conviction!

策略（以前是微型流通）不仅将其脚趾浸入比特币中；首先是潜水。他们刚刚将股票的产品扩大到了20亿美元，所有这些都专门用于购买更多的比特币。这是他们已经持有的607,000多个BTC之上的，使它们成为那里最大的企业比特币鲸鱼。一些分析师强调，截至2025年中期，战略占比特币总供应量的2.9％。谈论信念！

Is this a brilliant move or a risky gamble? Bulls see it as a sign of long-term confidence in Bitcoin. Critics worry that over-leveraging could spell trouble if Bitcoin takes a tumble. The company's preferred stock offerings (STRK, STRF, STRD, and STRC) are key to this strategy, allowing them to raise capital and accumulate Bitcoin without traditional debt. The latest STRC offering, priced at $90 per share with a 9% variable dividend, expands their buying power. This model hinges on Bitcoin's continued appreciation, which isn't guaranteed. Risks include dividend pressure, seniority over common equity, and refinancing challenges.

这是一个出色的举动还是冒险的赌博？公牛将其视为对比特币长期信心的标志。批评者担心，如果比特币跌倒，过度杠杆作用可能会遇到麻烦。该公司的首选股票产品（Strk，Strf，Strd和Strc）是该策略的关键，使他们能够筹集资金并在没有传统债务的情况下积累比特币。最新的Strc产品价格为每股90美元，可变股息9％，扩大了其购买力。该模型取决于比特币的持续欣赏，这是不能保证的。风险包括股息压力，对共同股权的资历以及再融资挑战。

XRP Whale Alert: Co-Founder Offloads Millions

XRP鲸鱼警报：联合创始人卸载数百万

Meanwhile, in XRP land, Ripple co-founder Chris Larsen transferred 50 million XRP (around $140 million) to exchanges. Whale dumps like this can sometimes spook the market, leading to price dips.

同时，在XRP Land，Ripple联合创始人Chris Larsen将5000万XRP（约1.4亿美元）转移到了交易所。这样的鲸鱼垃圾场有时会吓到市场，从而导致价格下跌。

Spot Bitcoin ETFs See Inflows

斑点比特币ETF看到流入

U.S. Spot Bitcoin ETFs experienced significant net inflows of $129.37 million on July 25, 2025, reflecting heightened institutional and retail investor confidence in crypto-linked investment vehicles. BlackRock’s IBIT dominated the inflows with $91.50 million. These ETFs make Bitcoin more accessible to traditional investors, addressing concerns about custody and security. While Grayscale's GBTC saw outflows, analysts attribute this to market adjustments rather than a loss of faith in Bitcoin.

美国现货比特币ETF在2025年7月25日经历了1.2937亿美元的大量净流入，反映了机构和零售投资者对加密货币互联投资工具的信心提高。贝莱德（Blackrock）的伊比特（Ibit）以9150万美元的价格占据了流入。这些ETF使传统投资者更容易获得比特币，从而解决了对监护和安全的担忧。尽管Grayscale的GBTC看到了外流，但分析师将其归因于市场调整，而不是对比特币的信念。

The Bottom Line

底线

MicroStrategy's aggressive Bitcoin strategy is a bold bet on the future of cryptocurrency. The preferred stock structure is interesting. Whether it pays off remains to be seen. The XRP whale dump adds a bit of drama, but the continued inflows into Bitcoin ETFs show that institutional interest in crypto is still growing.

MicroStrategy的积极性比特币策略是对加密货币未来的大胆赌注。首选的库存结构很有趣。是否有回报还有待观察。 XRP鲸鱼垃圾场增加了一些戏剧性，但是持续流入比特币ETF表明，对加密货币的机构兴趣仍在增长。

So, what does it all mean? Buckle up, buttercup! The crypto coaster is always full of surprises. Who knows what tomorrow will bring!

那么，这意味着什么？系好，毛cup！加密过山车总是充满惊喜。谁知道明天会带来什么！