Saylor，比特币，控股：策略的加密帝国成长

深入了解策略的最新比特币购买，迈克尔·塞勒（Michael Saylor）的愿景，以及这种加密策略如何重塑资本市场。近60万BTC和计数！

Saylor, Bitcoin, Holdings: Strategy's Crypto Empire Grows

Saylor，比特币，控股：策略的加密帝国成长

Strategy, led by Michael Saylor, is doubling down on Bitcoin, and it's making waves. With holdings nearing 600K BTC, the firm's strategy is more than just an investment—it's a statement. Here's the lowdown on their latest moves and what it means for the future of finance.

由迈克尔·塞勒（Michael Saylor）领导的策略正在加倍比特币，这引起了波浪。随着持股量接近60万BTC，该公司的战略不仅仅是一项投资，这是一项声明。这是他们最新举动的低点及其对金融的未来意味着什么。

Strategy's Latest Bitcoin Bonanza

策略的最新比特币大富翁

Strategy made headlines again, snagging 4,980 BTC for a cool $531.1 million in late June 2025. That's an average of $106,801 per Bitcoin! This move bumped their total Bitcoin stash to a whopping 597,325 BTC, valued at $42.4 billion. Not bad for a company that started buying Bitcoin back in August 2020.

策略再次成为头条新闻，2025年6月下旬以5.311亿美元的价格抢购了4,980 BTC。平均每比特币106,801美元！这一举动将他们的比特币储藏率撞到了597,325 BTC的高达597,325，价值424亿美元。对于一家在2020年8月开始购买比特币的公司来说还不错。

The Numbers Don't Lie: Impressive Bitcoin Yields

数字不撒谎：令人印象深刻的比特币产量

The company's Bitcoin strategy is paying off. In 2025 alone, they added 85,871 BTC to their treasury, worth around $9.5 billion. Their year-to-date Bitcoin yield hit 19.7%, and quarter-to-date yield rose to 7.8%. These aren't just numbers; they represent a significant return on investment, solidifying Strategy's position as a major player in the crypto world.

该公司的比特币战略正在获得回报。仅在2025年，他们就向财政部增加了85,871 BTC，价值约95亿美元。他们的年初比特币收益率达到19.7％，季度到期的收益率上升至7.8％。这些不仅仅是数字；它们代表了重大投资回报，巩固了策略在加密货币世界中的主要参与者的地位。

Saylor's Vision: Bitcoin as the Future of Capital Markets

Saylor的愿景：比特币作为资本市场的未来

Michael Saylor isn't just buying Bitcoin; he's building a financial revolution. He envisions companies rapidly scaling their Bitcoin holdings by converting credit and equity directly into BTC, bypassing traditional business cycles. This approach allows firms to grow at unprecedented speeds, potentially achieving in a month what might take an individual 20 years.

迈克尔·赛勒（Michael Saylor）不只是购买比特币；他正在建立金融革命。他设想公司通过将信用和股权直接转换为BTC来迅速扩展其比特币持有量，并绕过传统的商业周期。这种方法允许公司以前所未有的速度发展，有可能在一个月内实现20年的个人。

A New Valuation Framework

一个新的评估框架

Saylor argues that Bitcoin-focused companies aren't like traditional firms. They're not judged on operational earnings or growth but on how much Bitcoin they can acquire and hold. This shift demands new valuation frameworks, where the rate at which a company can issue financial instruments and convert them into Bitcoin becomes a key metric. It's an exponential game, moving

塞勒认为，以比特币为重点的公司不像传统公司。他们不是根据运营收入或增长来判断，而是根据他们可以获取和持有多少比特币的判断。这种转变需要新的估值框架，其中公司可以发行金融工具并将其转换为比特币的价格成为关键指标。这是一个指数的游戏，移动