上周 MicroStrategy 股票 [MSTR] 的表现优于比特币 [BTC]，接下来会怎样？

MicroStrategy 的股票 [MSTR] 显然是上周比特币 [BTC] 敞口中表现最好的股票。

MicroStrategy’s stock [MSTR] recorded the best performance among Bitcoin [BTC]-linked stocks last week.

MicroStrategy 的股票 [MSTR] 上周在比特币 [BTC] 相关股票中表现最佳。

The MSTR shares rallied 34% last week and crossed the $1500 level, supported by BTC’s recovery and MicroStrategy’s inclusion in the MSCI Index. The rally continued into this week, reaching a high of $1740, adding another +4% as of 22nd May.

受 BTC 复苏和 MicroStrategy 纳入 MSCI 指数的支撑，MSTR 股价上周上涨 34%，突破 1500 美元大关。涨势持续到本周，达到 1740 美元的高点，截至 5 月 22 日又上涨了 4%。

Overall, MSTR’s double-digit performance outpaced even Coinbase [COIN] and several Bitcoin miner stocks.

总体而言，MSTR 的两位数表现甚至超过了 Coinbase [COIN] 和几只比特币矿商股票。

MicroStrategy stock vs other BTC-linked stocks

MicroStrategy 股票与其他 BTC 相关股票

MicroStrategy’s stock recorded 3.6X higher gains than the largest US cryptocurrency exchange Coinbase’s stock [COIN] when adjusted on the weekly chart.

在周线图上调整后，MicroStrategy 的股票涨幅比美国最大的加密货币交易所 Coinbase 的股票 [COIN] 高出 3.6 倍。

While MSTR was up 22% in the past five trading days, COIN gained only 6% over the same period.

MSTR 在过去五个交易日上涨了 22%，而 COIN 同期仅上涨了 6%。

Interestingly, collective Bitcoin miner stocks also saw double-digit gains but were slightly lower than MSTR over the same period.

有趣的是，比特币矿业股集体也出现了两位数的涨幅，但同期略低于 MSTR。

Notably, the Valkyrie Bitcoin Miners ETF (WGMI), which tracks top BTC miner stocks, including Marathon Digital’s stock [MARA], recorded 12.8% gains in the past five-day trading period.

值得注意的是，追踪顶级 BTC 矿工股票（包括 Marathon Digital 的股票 [MARA]）的 Valkyrie 比特币矿工 ETF (WGMI) 在过去 5 天的交易期间录得 12.8% 的涨幅。

Thus, MSTR outperformed COIN and overall BTC miner stocks in the past 5-day trading sessions. However, it is also worth noting that COIN’s performance remained muted, partly due to the ongoing lawsuit with the US SEC.

因此，在过去 5 个交易日中，MSTR 的表现优于 COIN 和整体 BTC 矿商股票。然而，还值得注意的是，COIN 的业绩仍然低迷，部分原因是与美国 SEC 正在进行的诉讼。

MicroStrategy, under the leadership of its founder and CEO Michael Saylor, has maintained its BTC strategy.

MicroStrategy 在其创始人兼首席执行官 Michael Saylor 的领导下，一直维持其 BTC 战略。

So far, in Q2, the company added 122 BTC, bringing its total BTC war chest to 214,400 coins, valued at over $15 billion at current market prices.

到目前为止，该公司在第二季度增加了 122 个 BTC，使其 BTC 战争基金总额达到 214,400 个代币，按当前市场价格计算，价值超过 150 亿美元。

Compared to the firm’s current total of 17.7 million shares as of 22nd May, its BTC per share was around 0.01209 BTC.

与截至 5 月 22 日该公司目前的 1770 万股股票总数相比，其每股 BTC 约为 0.01209 BTC。

However, a large number of investors have flocked to MSTR, sometimes way higher than the underlying asset BTC that they are seeking exposure to.

然而，大量投资者涌向 MSTR，有时其价格远高于他们寻求投资的标的资产 BTC。

But MSTR’s allure could be irresistible, especially when compared to BTC’s performance. MSTR outperformed BTC on a weekly, monthly and YTD (Year-to-Date) basis.

但 MSTR 的吸引力可能是不可抗拒的，尤其是与 BTC 的表现相比。 MSTR 的每周、每月和年初至今的表现均优于 BTC。

In May, MSTR was up 55% compared to BTC’s 15%. On the YTD front, MSTR’s gains were over 140%, while BTC’s value was +58%.

5 月份，MSTR 上涨了 55%，而 BTC 上涨了 15%。今年迄今，MSTR 的涨幅超过 140%，而 BTC 的价值则为 +58%。

It meant that MSTR holders had better returns compared to their BTC counterparts. So, what’s next for MSTR’s price?

这意味着 MSTR 持有者比 BTC 持有者拥有更好的回报。那么，接下来MSTR的价格会怎样呢？

What’s next for MSTR’s price?

MSTR接下来的价格会怎样？

Source: MicroStrategy stock (MSTR), TradingView

资料来源：MicroStrategy 股票 (MSTR)、TradingView

On the daily chart, the key next bullish targets were the ATH of $1999 and $2300 based on the Fib retracement tool (yellow). The bullish reading on the RSI (Relative Strength Index) indicated that the above bullish targets were possible.

日线图上，基于斐波那契回撤工具（黄色），下一个关键看涨目标是 1999 美元和 2300 美元。 RSI（相对强度指数）的看涨读数表明上述看涨目标是可能的。

However, despite MSTR outperforming BTC on the price charts, a pullback by the king coin could erase part of the share’s gains.

然而，尽管 MSTR 在价格图表上的表现优于 BTC，但王币的回调可能会抹去该股的部分涨幅。

At the time of writing, BTC slipped slightly below $70K after hitting the range-highs at $71K, while MSTR traded at $1650. MSTR’s further rally could be impacted if BTC extends its retracement.

截至撰写本文时，BTC 在触及 7.1 万美元区间高点后略跌至 7 万美元以下，而 MSTR 交易价格为 1650 美元。如果 BTC 扩大回调，MSTR 的进一步上涨可能会受到影响。