策略™（以前为MicroStrategy）是世界上最大的比特币美国国库公司，已宣布收购4,020 BTC

策略™（以前为MicroStrategy）是世界上最大的比特币财政部公司，宣布在5月19日至23日，2025年5月19日至23日之间收购了4,020 BTC

As of May 23, Strategy™ (Nasdaq: MSTR) has reportedly purchased an additional 4,020 BTC at an average price of $106,237, incrementing its treasury holdings to 580,250 BTC, valued at over $63 billion.

据报道，截至5月23日，战略™（NASDAQ：MSTR）以106,237美元的平均价格购买了4,020 BTC，将其国库券持有量增加到580,250 BTC，价值超过630亿美元。

The company's bitcoin buying spree continues amid 2025's bullish momentum, which has seen a 16.8% BTC yield year-to-date.

该公司的比特币购买狂潮持续了2025年的看涨势头，BTC每年至今已有16.8％的BTC收益率。

Strategy's recent buy was fueled by its at-the-market (ATM) equity programs.

策略最近的买入是由其在市场上的股票计划推动的。

Earlier this year, Strategy launched three distinct offerings:

今年早些时候，战略推出了三个不同的产品：

MSTR common stock (ticker: MSTR) STRK perpetual preferred shares (ticker: STRK) STRF 10% Series A perpetual preferred shares (ticker: STRF)

MSTR普通股（股票：MSTR）Strk永久优先股（股票：Strk）Strf 10％A系列A永久优先股（股票：strf：strf）

Together, these instruments have raised $427.1 million.

这些工具共同筹集了4.271亿美元。

This follows the announcement of a $2.1 billion ATM offering for STRF, which is part of Strategy's long-term bitcoin investment strategy to raise up to $84 billion through equities and convertible notes to accumulate BTC through 2027.

这是在宣布为STRF提供21亿美元的ATM产品之后，这是战略长期比特币投资策略的一部分，可通过股票和可转换票据筹集高达840亿美元，直到2027年累积BTC。

These varied fundraising mechanisms are part of a broader strategy to expand bitcoin exposure without increasing corporate debt. Unlike previous cycles where companies faltered during volatility, Strategy executed quickly and decisively, converting capital into 4,020 BTC in less than a week.

这些各种各样的筹款机制是扩大比特币敞口而不增加公司债务的更广泛战略的一部分。与以前的周期在波动性过程中步履蹒跚的周期不同，战略在不到一周的时间内迅速而果断地执行，将资本转换为4,020 BTC。

The use of equity instruments reflects a calculated approach to enhance shareholder exposure to bitcoin with minimal balance sheet risk.

股权工具的使用反映了一种计算出的方法，可以增强股东对比特币的风险最小。

Strategy's treasury approach, rooted in long-term digital capital accumulation, is now intertwined with enterprise analytics powered by AI, positioning Strategy as a hybrid leader across tech and finance.

战略的国库方法植根于长期数字资本积累，现在与AI支持的企业分析交织在一起，将战略定位为技术和金融跨越的混合领导者。

This provides exposure to bitcoin via equity (MSTR) and income-generating instruments (STRK, STRF), appealing to investors across risk profiles.

这提供了通过股权（MSTR）和创收工具（Strk，Strf）对比特币的接触，这些工具吸引了风险概况的投资者。

The growing institutional demand for STRF and STRK is a testament to the confidence in Strategy's dual-value approach of BTC yield generation and long-term BTC appreciation.

对Strf和Strk的制度需求不断增长，这证明了对BTC产量产生和长期BTC欣赏的策略双值方法的信心。

According to Bernstein analysts, Strategy's model has inspired over 70 firms, including Tether-backed Twenty One, KURL, Metaplanet, and Semler Scientific, to establish or expand their own BTC treasuries.

根据伯恩斯坦分析师的说法，战略的模型激发了70多家公司，其中包括绑定的二十一家，Kurl，Metaplanet和Semler Scientific，以建立或扩展自己的BTC国库。

These 'Strategy copycats' are expected to add $330 billion to bitcoin's market cap over the next five years.

这些“战略模仿者”预计将在未来五年内为比特币的市值增加3,300亿美元。

Strategy's bitcoin accumulation in 2025 is noteworthy not only for its volume but also for its efficiency.

策略在2025年的比特币积累不仅值得注意，而且还因为其效率。

With an average purchase price of $69,979 per BTC, which is significantly lower than the current market price of $109,884, Strategy showcases sharp financial discipline.

策略平均每BTC的平均购买价格为69,979美元，这明显低于目前的109,884美元的市场价格，策略列出了敏锐的财务纪律。

This bitcoin investment strategy has yielded a 16.8% return YTD, which is a staggering performance compared to traditional reserve assets.

该比特币投资策略产生了16.8％的回报YTD，与传统的储备资产相比，这是惊人的表现。

According to reports, Strategy has acquired 580,250 BTC at an average price of $69,979, and at current market prices, these holdings are valued at over $63 billion.

据报道，策略以69,979美元的平均价格收购了580,250 BTC，并且以当前的市场价格，这些持股的价值超过630亿美元。

This represents nearly 3% of Bitcoin's total 21 million coins in circulation.

这占比特币总循环中2100万枚硬币的近3％。

At an estimated acquisition cost of approximately $40.61 billion, Strategy's bitcoin treasury has already generated paper gains of over $22.7 billion YTD.

策略的比特币财政部估计以大约406.1亿美元的收购成本，已经产生了超过227亿美元的纸质收益。

This move comes amid 2025's bullish momentum, which has seen a 16.8% BTC yield year-to-date.

这一举动是在2025年的看涨势头的出现，该动力的年度最佳收益率达到了16.8％。

According to a recent study, Bitcoin's price could surge to $1 million by 2029 due to the U.S. dollar's diminishing value and the growing institutional adoption of BTC.

根据最近的一项研究，由于美元的价值降低以及BTC的机构采用不断增长，比特币的价格可能到2029年增加到100万美元。

According to Bitcoin Visuals, the total hashrate reached a new all-time high of 526 petahashes per second (PH/s) on May 18.

根据比特币视觉效果的说法，5月18日，总哈希岩每秒达到了526 petahashes的新高分。

This record-breaking hashrate is a testament to the expanding and persistent mining activity on the Bitcoin network. A higher hashrate generally renders the network more secure and resistant to attacks.

这种破纪录的哈希底层证明了比特币网络上不断扩大和持久的采矿活动。较高的哈希酸盐通常会使网络更加安全和对攻击具有抵抗力。

According to data from Glassnode, the Bitcoin network has crossed a key threshold with over 16 million coins now held in long-term wallets.

根据GlassNode的数据，比特币网络已越过关键阈值，现在在长期钱包中举行了超过1600万个硬币。

This milestone signals a growing preference for long-term holding strategies among Bitcoiners. Long-term holding, often mentioned as 'hodl' in the cryptocurrency community, is a strategy where investors maintain their coins for an extended period without engaging in frequent trading.

这一里程碑表明，对比特币机中的长期持有策略的偏爱越来越偏爱。长期持有，在加密货币社区中经常被称为“ hodl”，是一项策略，投资者长时间维护硬币而不进行频繁交易。

The firm also announced three new at-the-market programs to sell MSTR common stock, STRK perpetual preferred shares, and STRF 10% Series A perpetual preferred shares.

该公司还宣布了三个新的市场计划，以销售MSTR普通股，Strk Perpetual Experred股票和Strf 10％A Seriper A Perpetual Experred股票。

Together, these instruments will enable the company to raise up to $427.1 million to expand its bitcoin treasury.

这些工具共同使该公司能够筹集高达4.271亿美元，以扩大其比特币财政部。

This follows Strategy's announcement last month of a $2.1 billion at-the-market offering of

这是在策略上个月公告的21亿美元的市场上发布的