二十一首资本是最大的比特币投资者，持有BTC多于市值

多年来，MicroStrategy，Marathon Holdings和Riot平台一直是最大的公共比特币投资者的名单，总的来说，与大多数其他上市公司合并在一起的BTC统治更多。但是，在2025年，一位大胆的新玩家二十一首首都（XXI）加入了，拥有比公司价值的比特币要多得多。

For years, MicroStrategy (NASDAQ:MICRO), Marathon Digital Holdings (NASDAQ:HDIG), and Riot Platforms (NASDAQ:RIOT) have been the top contenders for the largest public Bitcoin investor, together holding more BTC than most other public companies combined.

多年来，MicroStrategy（NASDAQ：MICRO），马拉松数字控股（NASDAQ：HDIG）和RIOT平台（NASDAQ：RIOT）一直是最大的公共比特币投资者的顶级竞争者，共同拥有比大多数其他上市公司组合的BTC更多的BTC。

However, in 2025, a new and even bolder player has joined the race, boasting an astounding amount of Bitcoin, far exceeding the company's own value.

但是，在2025年，一个新的，甚至更大胆的球员参加了比赛，拥有大量的比特币，远远超过了公司自己的价值。

According to data presented by CryptoPresales.com from Bitcoin Treasuries and StockAnalysis, Twenty One Capital (NYSE:XXI) has the highest BTC-to-market cap ratio of 1,071%, or 12 times more than Marathon Digital and 21 times more than MicroStrategy.

根据比特币国库和股票分析的CryptoPresales.com提供的数据，二十一位资本（NYSE：XXI）的BTC与市场上限比为1,071％，比马拉松数字高12倍，而Marathon数字的21倍，比MicroStrategy高21倍。

This means that for every $1 of XXI’s market capitalization, the company holds around $10.71 in Bitcoin, making it the most Bitcoin-leveraged public company in the world.

这意味着，在XXI市值的每1美元中，该公司的比特币持有约为10.71美元，使其成为世界上比特币最多的上市公司。

The company holds 31,500 Bitcoin valued at nearly $3 billion as of last week, which is 10.7 times more than its stock value.

截至上周，该公司持有31,500个比特币，价值近30亿美元，是其股票价值的10.7倍。

Compared to other Bitcoin-leveraged companies, MicroStrategy (NASDAQ:MICRO) is known for its massive BTC holdings, reaching 568,840 Bitcoins as of last week. This amount is being valued at $59 billion, which is about 50% of the company's market cap or 21 times less than XXI’s ratio.

与其他具有比特币的公司相比，MicroStrategy（NASDAQ：MICRO）以其庞大的BTC持有量而闻名，截至上周，比特币达到了568,840个比特币。这笔款项的价值为590亿美元，约占公司市值的50％，比XXI的比率低21倍。

After MicroStrategy, Marathon Digital (NASDAQ:HDIG) follows with a BTC-to-market cap ratio of 88%, 12 times lower than XXI’s.

在MicroStrategy之后，Marathon Digital（NASDAQ：HDIG）的BTC与市场上限比为88％，比XXI低12倍。

Still, it’s good to note that for every $1 of Marathon’s market cap, around $0.88 is backed by Bitcoin.

不过，可以注意到，在马拉松市值的每1美元中，大约0.88美元得到了比特币的支持。

Among the ten largest public Bitcoin investors, Hut 8 Mining Corp (TSX: HUT8)(NASDAQ: HUTMF) and Riot Platforms (NASDAQ:RIOT) also have significantly lower BTC-to-market cap ratios, at 62% and 51%, respectively.

在十个最大的公共比特币投资者中，HUT 8 Mining Corp（TSX：HUT8）（NASDAQ：HUTMF）和RIOT平台（NASDAQ：RIOT）的BTC与市场上的帽比率分别为62％和51％。

Meanwhile, Coinbase (NASDAQ:COIN) and Tesla (NASDAQ:TSLA) are on the other side of the list, with their Bitcoin holdings accounting for just 1.3% and 0.1% of their market caps.

同时，Coinbase（NASDAQ：COIN）和TESLA（NASDAQ：TSLA）位于榜单的另一侧，其比特币控股仅占其市场上限的1.3％和0.1％。

The number of Bitcoin-leveraged companies also surges fivefold.

比特币杠杆化公司的数量也飙升了五倍。

Significant BTC investments from these companies also reflect the broader trend in corporate Bitcoin adoption, which has seen remarkable growth over the past year.

这些公司的BTC投资大量投资还反映了公司比特币采用的更广泛趋势，在过去的一年中，这一趋势显着增长。

As of Q1 2024, only 38 publicly traded companies included Bitcoin in their balance sheets, collectively investing $13 billion in BTC. However, this number has since surged to over 200, with their combined BTC holdings reaching $82.1 billion as of last week.

截至2024年第1季度，只有38家公开交易的公司将比特币纳入其资产负债表，共同向BTC投资了130亿美元。但是，此数字已飙升至200多个，截至上周，其总BTC持有量达到了821亿美元。