从MicroStrategy到Tesla：这34家上市公司持有699,387 BTC，超过720亿美元

Tradfi与比特币的关系不断发展，现在有34家公共公司持有699387 BTC的总和超过720亿美元。微观策略仍然是无可争议的领导者

TradFi’s dabbling in Bitcoin continues, with 34 public corporations now holding a combined 699,387 BTC—worth over $72 billion. MicroStrategy, the reigning queen of crypto treasury strategies, leads the pack with 555,450 BTC.

Tradfi在比特币中涉足，仍有34家公共公司持有699,387 BTC，超过720亿美元。 MicroStrategy是加密货币策略的统治女王，以555,450 BTC领先。

While some view these Bitcoin treasury strategies as bullish catalysts, the data tells a more nuanced story: adding BTC to a balance sheet isn’t a guaranteed stock booster.

尽管有些人将这些比特币国库策略视为看涨的催化剂，但数据讲述了一个更加细微的故事：将BTC添加到资产负债表中并不是保证的股票助推器。

Outliers like Metaplanet have seen incredible surges—over 3,000%—since their BTC entry, but many others have seen far more modest gains, or even declines, in the same period.

由于BTC的进入，像Metaplanet这样的异常值已经看到了令人难以置信的激报（3,000％），但在同一时期，许多其他人的收益率在同一时期看到了更为适中的收益，甚至下降了。

Metaplanet Inc.

Metaplanet, a Japanese public company, has quickly transformed from a traditional business—formerly involved in hotel operations—into one of Asia’s most aggressive Bitcoin-focused firms. Its transformation shows how some TradFi players are reshaping their models around digital assets.

日本上市公司Metaplanet迅速从一家传统业务（从事酒店运营中参与）迅速转变为亚洲最具侵略性的比特币公司之一。它的转型表明，一些Tradfi玩家如何重塑其围绕数字资产的模型。

Since launching its Bitcoin Income Generation strategy in late 2024 and pivoting sharply toward crypto, 88% of its Q1 FY2025 revenue—¥770 million ($5.2 million)—came from Bitcoin option premium harvesting.

自2024年底制定其比特币收入生成战略并急剧向加密货币透露率以来，在其第一季度财政部收入中，有88％的收入（520万日元（520万美元）） - 比特币期权保费收获。

The company first added Bitcoin to its balance sheet in April 2024 and currently holds 5,555 BTC, which is valued at approximately $576.8 million.

该公司于2024年4月首次将比特币添加到其资产负债表中，目前持有5,555 BTC，价值约为5.768亿美元。

Since that initial move, the company’s stock has soared over 3,000%, with recent filings showing a 15x increase in share price year-to-date.

自从最初的举动以来，该公司的股票飙升了3,000％以上，最近的文件显示，股价每年至今上涨15倍。

The firm’s aggressive BTC accumulation strategy—aiming for 10,000 BTC by year-end—has drawn growing investor interest, expanding its shareholder base by 500% in a year.

该公司积极的BTC积累策略（按年底为10,000 BTC）吸引了不断增长的投资者权益，一年中将其股东基础增加了500％。

Despite short-term valuation losses due to Bitcoin price fluctuations, Metaplanet reported ¥13.5 billion in unrealized BTC gains as of May 12, signaling strong confidence in its long-term crypto positioning.

尽管由于比特币的价格波动造成的短期估值损失，但截至5月12日，Metaplanet报告的未实现的BTC收益未实现的135亿日元，这表明对其长期加密定位的信心强烈。