MicroStrategy将比特币[BTC]资本收购计划降低至840亿美元

策略（以前为MicroStrategy）将其最初的比特币[BTC]资本收购计划翻了一番，达到840亿美元

Strategy has doubled its initial Bitcoin [BTC] capital acquisition plan to $84 billion. The firm announced this in its Q1 2025 earnings report.

策略将其最初的比特币[BTC]资本收购计划翻了一番，达到了840亿美元。该公司在其第一季度的2025年收入报告中宣布了这一点。

Strategy doubles BTC capital plan to $84 billion

策略将BTC资本计划翻倍至840亿美元

策略将BTC资本计划翻倍至840亿美元

Announcing the plan in an X post, Strategy’s founder, Michael Saylor, also noted that the capital will be raised through stock sales and debt.

战略的创始人迈克尔·赛勒（Michael Saylor）在X帖子中宣布该计划，还指出，资本将通过股票销售和债务筹集。

This was a bold shift from its previous $42B capital target in its 21/21 plan. The company has $56 billion capital left to be raised.

这是与以前的21/21计划中的42B $ 42B资本目标的大胆转变。该公司还有560亿美元的资本要筹集。

This will be achieved via sale of stocks MSTR, STRK, STRF, and debt via convertible notes. In fact, the firm also announced a $21 billion stock sale on the 1st of May.

这将通过股票MSTR，Strk，Strf和债务通过可转换说明来实现。实际上，该公司还在5月1日宣布了210亿美元的股票销售。

If the capital target is achieved and the largest portion goes to BTC buys, this could fuel the price.

如果实现了资本目标，并且最大的部分是BTC购买的，那么这可能会推动价格。

As of May, Strategy’s holdings were at 553,555 BTC, the largest publicly traded company in the world to hold the digital asset. The firm’s stash translates to 2.63% of the total 21 million BTC.

截至5月，策略的持股量为553,555 BTC，BTC是全球持有数字资产的最大公开交易公司。该公司的储藏量转化为总计2100万BTC的2.63％。

However, analysts stated that the Strategy may not aggressively buy more BTC given the limited price swings for the MSTR per the IV (Implied Volatility).

但是，分析师表示，鉴于IV的MSTR的价格波动有限（隐含波动率），该策略可能不会积极购买更多的BTC。

“Interesting how subdued $MSTR implied vol remains relative to Nov melt up given streak and spot $400. At a macro level, without IV rising, harder to issue more leverage. At a micro level, also implies sticky strike dynamics.”

“有趣的是，相对于新的连胜和400美元的柔和的$ MSTR隐含Vol的柔和是如何保持的。在宏观水平上，没有IV升高，很难发出更多的杠杆作用。在微观水平上，也暗示着粘性的罢工动态。”

On the price chart, MSTR has rallied 60% from April lows of $240 to over $380. Over the same period, BTC bounced 28%, hitting $97K for the first time since February.

在价格表上，MSTR从4月份的低点开始涨到60％，达到240美元，超过380美元。在同一时期，BTC弹跳了28％，自2月以来首次达到了9.7万美元。

Like always, MSTR outperformed BTC 2x during the Q2 recovery.

像往常一样，在Q2恢复期间，MSTR优于BTC 2X。

The post Strategy doubles BTC capital plan to $84 billion appeared first on AMM Journal.

邮政策略将BTC资本计划翻了一番，达到840亿美元，首先出现在AMM Journal上。

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and do not constitute, and should not be interpreted as, legal or financial advice.output:

作者或本文中提到的任何人所表达的观点和观点仅出于信息目的，不构成，不应将其解释为法律或财务建议。

Strategy has doubled its initial Bitcoin [BTC] capital acquisition plan to $84 billion. The firm announced this in its Q1 2025 earnings report.

策略将其最初的比特币[BTC]资本收购计划翻了一番，达到了840亿美元。该公司在其第一季度的2025年收入报告中宣布了这一点。

Strategy doubles BTC capital plan to $84 billion

策略将BTC资本计划翻倍至840亿美元

策略将BTC资本计划翻倍至840亿美元

Announcing the plan in an X post, Strategy’s founder, Michael Saylor, also noted that the capital will be raised through stock sales and debt.

战略的创始人迈克尔·赛勒（Michael Saylor）在X帖子中宣布该计划，还指出，资本将通过股票销售和债务筹集。

This was a bold shift from its previous $42B capital target in its 21/21 plan. The company has $56 billion capital left to be raised.

这是与以前的21/21计划中的42B $ 42B资本目标的大胆转变。该公司还有560亿美元的资本要筹集。

This will be achieved via sale of stocks MSTR, STRK, STRF, and debt via convertible notes. In fact, the firm also announced a $21 billion stock sale on the 1st of May.

这将通过股票MSTR，Strk，Strf和债务通过可转换说明来实现。实际上，该公司还在5月1日宣布了210亿美元的股票销售。

If the capital target is achieved and the largest portion goes to BTC buys, this could fuel the price.

如果实现了资本目标，并且最大的部分是BTC购买的，那么这可能会推动价格。

As of May, Strategy’s holdings were at 553,555 BTC, the largest publicly traded company in the world to hold the digital asset. The firm’s stash translates to 2.63% of the total 21 million BTC.

截至5月，策略的持股量为553,555 BTC，BTC是全球持有数字资产的最大公开交易公司。该公司的储藏量转化为总计2100万BTC的2.63％。

However, analysts stated that the Strategy may not aggressively buy more BTC given the limited price swings for the MSTR per the IV (Implied Volatility).

但是，分析师表示，鉴于IV的MSTR的价格波动有限（隐含波动率），该策略可能不会积极购买更多的BTC。

“Interesting how subdued $MSTR implied vol remains relative to Nov melt up given streak and spot $400. At a macro level, without IV rising, harder to issue more leverage. At a micro level, also implies sticky strike dynamics.”

“有趣的是，相对于新的连胜和400美元的柔和的$ MSTR隐含Vol的柔和是如何保持的。在宏观水平上，没有IV升高，很难发出更多的杠杆作用。在微观水平上，也暗示着粘性的罢工动态。”

On the price chart, MSTR has rallied 60% from April lows of $240 to over $380. Over the same period, BTC bounced 28%, hitting $97K for the first time since February.

在价格表上，MSTR从4月份的低点开始涨到60％，达到240美元，超过380美元。在同一时期，BTC弹跳了28％，自2月以来首次达到了9.7万美元。

Like always, MSTR outperformed BTC 2x during the Q2 recovery.

像往常一样，在Q2恢复期间，MSTR优于BTC 2X。