{"id":1451,"date":"2025-07-28T07:53:19","date_gmt":"2025-07-27T23:53:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=1451"},"modified":"2025-07-28T07:53:19","modified_gmt":"2025-07-27T23:53:19","slug":"%e7%99%be%e4%ba%bf%e6%9d%a0%e6%9d%86%e7%8b%82%e9%ad%94%ef%bc%8c%e4%b8%80%e6%96%87%e6%8b%86%e8%a7%a3microstrategy%e5%a6%82%e4%bd%95%e8%8a%b1%e5%bc%8f%e7%8e%a9%e8%bd%ac%e3%80%8c%e5%8f%af%e8%bd%ac","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=1451","title":{"rendered":"\u767e\u4ebf\u6760\u6746\u72c2\u9b54\uff0c\u4e00\u6587\u62c6\u89e3MicroStrategy\u5982\u4f55\u82b1\u5f0f\u73a9\u8f6c\u300c\u53ef\u8f6c\u503a\u300d"},"content":{"rendered":"

Michael Saylor \u548c MicroStrategy(MSTR) \u662f\u4e0d\u662f\u53d1\u73b0\u4e86\u4ec0\u4e48\u94b1\u751f\u94b1\u7684\u91d1\u878d\u300c\u6f0f\u6d1e\u300d\uff1f<\/p>\n

\u5f88\u96be\u8d23\u602a\u4eba\u4eec\u6709\u8fd9\u6837\u7684\u60f3\u6cd5\u3002<\/p>\n

\u867d\u7136\u8fd9\u5bb6\u7531 Saylor \u9886\u5bfc\u7684\u516c\u53f8\u56db\u5e74\u591a\u524d\u5c31\u5f00\u59cb\u8d2d\u4e70\u6bd4\u7279\u5e01 (BTC)\uff0c\u4f46\u5728\u8fc7\u53bb 10 \u4e2a\u6708\u91cc\uff0cMicroStrategy \u5df2\u7ecf\u4f7f\u7528\u4e00\u79cd\u72ec\u7279\u7684\u7b56\u7565\u7b79\u96c6\u4e86\u8d85\u8fc7 60 \u4ebf\u7f8e\u5143\uff0c\u5176\u660e\u786e\u76ee\u7684\u662f\u5728\u5176\u8d44\u4ea7\u8d1f\u503a\u8868\u4e2d\u589e\u52a0\u66f4\u591a\u6bd4\u7279\u5e01\uff0c\u622a\u81f3 12 \u6708 15 \u65e5\uff0c\u5176\u8d44\u4ea7\u8d1f\u503a\u8868\u4e0a\u7684\u6bd4\u7279\u5e01\u6570\u91cf\u8fbe\u5230 439,000 \u679a\uff0c\u4ef7\u503c 460 \u4ebf\u7f8e\u5143\uff0c\u76ee\u524d\u4ef7\u683c\u7ea6\u4e3a 106,000 \u7f8e\u5143\u3002<\/p>\n

MicroStrategy \u5e76\u6ca1\u6709\u901a\u8fc7\u8d37\u6b3e\u6216\u53d1\u884c\u66f4\u591a\u516c\u53f8\u80a1\u7968\u6765\u7b79\u96c6\u8fd9\u4e9b\u8d44\u91d1\uff08\u5c3d\u7ba1\u5b83\u5df2\u7ecf\u5355\u72ec\u53d1\u884c\u4e86\u4ef7\u503c\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u80a1\u7968\uff09\u3002\u76f8\u53cd\uff0c\u8be5\u516c\u53f8\u51fa\u552e\u4e86\u53ef\u8f6c\u6362\u503a\u5238\u2014\u2014\u53ef\u4ee5\u5728\u7279\u5b9a\u65e5\u671f\u6216\u7279\u6b8a\u6761\u4ef6\u4e0b\u8f6c\u6362\u4e3a\u80a1\u7968\u7684\u503a\u52a1\u8bc1\u5238\u3002\u800c\u4e14\u8fd9\u8fd8\u6ca1\u5b8c\uff1a\u6839\u636e 10 \u6708\u4efd\u5236\u5b9a\u7684\u8ba1\u5212\uff0cSaylor \u548c\u516c\u53f8\u6253\u7b97\u5728\u672a\u6765\u4e09\u5e74\u5185\u901a\u8fc7\u6b64\u7c7b\u503a\u5238\u518d\u7b79\u96c6\u81f3\u5c11 180 \u4ebf\u7f8e\u5143\u3002<\/p>\n

\u8fd9\u79cd\u53ef\u8f6c\u6362\u7968\u636e\u7684\u9700\u6c42\u5982\u6b64\u4e4b\u9ad8\uff0c\u4ee5\u81f3\u4e8e\u5176\u4ed6\u516c\u53f8\uff0c\u5176\u4e2d\u5305\u62ec\u6bd4\u7279\u5e01\u77ff\u5de5 MARA Holdings (MARA)\uff0c\u4e5f\u91c7\u53d6\u4e86\u7c7b\u4f3c\u7684\u505a\u6cd5\uff0c\u7b79\u96c6\u6570\u5341\u4ebf\u7f8e\u5143\u6765\u5145\u5b9e\u81ea\u5df1\u7684\u8d44\u91d1\u3002<\/p>\n

\u4f46\u8fd9\u5f15\u53d1\u4e86\u4e00\u4e2a\u95ee\u9898\uff1a\u53d1\u884c\u5982\u6b64\u591a\u7684\u503a\u52a1\u6700\u7ec8\u662f\u5426\u4f1a\u5bf9\u8fd9\u4e9b\u516c\u53f8\u4ee5\u53ca\u6574\u4e2a\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u9020\u6210\u5371\u9669\uff1f<\/p>\n

\u52a0\u5bc6\u5bf9\u51b2\u57fa\u91d1 Lekker Capital \u521b\u59cb\u4eba Quinn Thompson \u544a\u8bc9 CoinDesk\uff1a\u300c\u5982\u679c\u6bd4\u7279\u5e01\u4ef7\u683c\u957f\u671f\u5904\u4e8e\u4f4e\u4f4d\u6216\u4e0b\u8dcc\u72b6\u6001\uff0c[\u8fd9\u4e9b\u516c\u53f8] \u4e3a\u4e86\u7b79\u96c6\u8d44\u91d1\uff0c\u4ed6\u4eec\u53ef\u80fd\u4e0d\u5f97\u4e0d\u53d1\u884c\u66f4\u591a\u7684\u80a1\u7968\uff0c\u8fd9\u4f1a\u7a00\u91ca\u73b0\u6709\u80a1\u4e1c\u7684\u6301\u80a1\u6bd4\u4f8b\u2026\u2026[\u6216] \u4ee5\u4f4e\u4e8e\u8d2d\u4e70\u4ef7\u7684\u4ef7\u683c\u51fa\u552e\u6bd4\u7279\u5e01\u3002\u300d\u7136\u800c\uff0cThompson \u8ba4\u4e3a\u8fd9\u4e9b\u516c\u53f8\u4e0d\u4f1a\u7834\u4ea7\u3002<\/p>\n

\u53ef\u8f6c\u6362\u7968\u636e\u7684\u8fd0\u4f5c\u65b9\u5f0f<\/strong><\/p>\n

\u53ef\u8f6c\u6362\u503a\u5238\u662f\u4e00\u79cd\u91d1\u878d\u5de5\u5177\uff0c\u53ef\u5e2e\u52a9\u516c\u53f8\u5feb\u901f\u7b79\u96c6\u8d44\u91d1\uff0c\u800c\u65e0\u9700\u63d0\u4f9b\u62b5\u62bc\u54c1\uff08\u5982\u8d37\u6b3e\uff09\u6216\u7acb\u5373\u7a00\u91ca\u5176\u80a1\u7968\u3002\u8fd9\u4e9b\u503a\u5238\u7684\u5b9a\u4ef7\u57fa\u4e8e\u5176\u6240\u5305\u542b\u7684\u5229\u7387\u3001\u516c\u53f8\u7684\u6807\u7684\u80a1\u7968\u3001\u8be5\u80a1\u7968\u7684\u6ce2\u52a8\u6027\u548c\u516c\u53f8\u7684\u4fe1\u7528\u4ef7\u503c\u3002<\/p>\n

\u4f8b\u5982\uff0c11 \u6708\uff0c\u6bd4\u7279\u5e01\u6316\u77ff\u516c\u53f8 Bitdeer (BTDR) \u901a\u8fc7\u53d1\u884c\u5229\u7387\u4e3a 5.25% \u7684\u53ef\u8f6c\u6362\u503a\u5238\u7b79\u96c6\u4e86 3.6 \u4ebf\u7f8e\u5143\u3002\u8fd9\u4e9b\u503a\u5238\u5c06\u4e8e 2029 \u5e74 12 \u6708 1 \u65e5\u5230\u671f\uff0c\u4ef7\u683c\u4e3a\u6bcf\u80a1 15.95 \u7f8e\u5143\u2014\u2014\u6bd4 11 \u6708 21 \u65e5\u53d1\u884c\u53ef\u8f6c\u6362\u503a\u5238\u65f6\u8fd9\u4e9b\u80a1\u7968\u7684\u4ea4\u6613\u4ef7\u683c\u9ad8\u51fa\u7ea6 42.5%\u3002<\/p>\n

\u6362\u53e5\u8bdd\u8bf4\uff0c\u6295\u8d44\u8005\u4e0d\u5fc5\u7b80\u5355\u5730\u5728\u516c\u5f00\u5e02\u573a\u4e0a\u8d2d\u4e70\u8be5\u516c\u53f8\u7684\u80a1\u7968\uff0c\u800c\u662f\u53ef\u4ee5\u901a\u8fc7\u6301\u6709\u8fd9\u4e9b\u7968\u636e\u83b7\u5f97\u53ef\u89c2\u7684\u6536\u76ca\uff0c\u540c\u65f6\u5728\u80a1\u4ef7\u98d9\u5347\u65f6\u4e5f\u80fd\u83b7\u76ca\u3002\u66f4\u68d2\u7684\u662f\uff0c\u53ef\u8f6c\u6362\u7968\u636e\u8fd8\u5177\u6709\u4e0b\u884c\u4fdd\u62a4\u529f\u80fd\u3002\u5728\u7279\u5b9a\u65e5\u671f\uff0c\u6b64\u7c7b\u503a\u5238\u53ef\u4ee5\u4ee5\u73b0\u91d1\u8d4e\u56de\uff0c\u91d1\u989d\u7b49\u4e8e\u539f\u59cb\u6295\u8d44\u52a0\u4e0a\u5229\u606f\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u5373\u4f7f\u80a1\u7968\u5728\u7968\u636e\u5230\u671f\u524d\u66b4\u8dcc\uff0c\u6295\u8d44\u8005\u4e5f\u51e0\u4e4e\u53ef\u4ee5\u4fdd\u8bc1\u6536\u56de\u8d44\u91d1\u3002<\/p>\n

\u4f46 MicroStrategy \u7684\u60c5\u51b5\u5374\u975e\u5e38\u7279\u6b8a\uff0c\u56e0\u4e3a\u8be5\u516c\u53f8\u53d1\u73b0\uff0c\u5c3d\u7ba1\u7f8e\u56fd\u57fa\u51c6\u5229\u7387\u63a5\u8fd1 5%\uff0c\u4f46 0% \u5229\u7387\u7684\u53ef\u8f6c\u6362\u503a\u5238\u4ecd\u6709\u9700\u6c42\u3002\u4e3a\u4ec0\u4e48\uff1f\u56e0\u4e3a\u6ce2\u52a8\u6027\u3002MicroStrategy \u666e\u901a\u80a1\u672c\u8d28\u4e0a\u662f\u6bd4\u7279\u5e01\u7684\u6760\u6746\u4ea4\u6613\uff0c\u6700\u8fd1\u7684 30 \u5929\u5e73\u5747\u9690\u542b\u6ce2\u52a8\u7387\u4e3a 106\uff0c\u6b64\u524d\u751a\u81f3\u66f4\u9ad8\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6807\u51c6\u666e\u5c14 500 \u6307\u6570\u7684\u9690\u542b\u6ce2\u52a8\u7387\u901a\u5e38\u7ea6\u4e3a 15\uff0c\u800c\u6bd4\u7279\u5e01\u7684\u9690\u542b\u6ce2\u52a8\u7387\u4e3a 60\u3002<\/p>\n

\u80a1\u7968\u6ce2\u52a8\u4f1a\u5f71\u54cd MSTR \u53ef\u8f6c\u6362\u503a\u5238\u7684\u4ef7\u683c\u8d70\u52bf\uff0c\u800c\u7ecf\u9a8c\u4e30\u5bcc\u7684\u5e02\u573a\u53c2\u4e0e\u8005\u80fd\u591f\u901a\u8fc7\u4ee5\u5e02\u573a\u4e2d\u6027\u7684\u65b9\u5f0f\u4ea4\u6613\u8fd9\u79cd\u6ce2\u52a8\u6765\u83b7\u5f97\u53ef\u89c2\u7684\u5229\u6da6\u3002<\/p>\n

Richard Byworth\uff0c\u4e00\u4f4d\u53ef\u8f6c\u6362\u503a\u5238\u4e13\u5bb6\u517c\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8 Syz Capital \u6267\u884c\u5408\u4f19\u4eba\uff0c\u5728\u63a5\u53d7 On The Margin \u64ad\u5ba2\u91c7\u8bbf\u65f6\u8868\u793a\uff0c\u4ed6\u66fe\u4e0e\u4e00\u4f4d\u53ef\u8f6c\u6362\u503a\u5238\uff08convertible note\uff09\u5957\u5229\u4ea4\u6613\u5458\u8fdb\u884c\u8fc7\u4ea4\u6d41\u3002<\/p>\n

\u8fd9\u4f4d\u4ea4\u6613\u5458\u63cf\u8ff0\u4e86\u4ed6\u5f53\u524d\u7684\u75af\u72c2\u5de5\u4f5c\u72b6\u6001\uff0c\u4ed6\u8bf4\uff1a\u300cRichard\uff0c\u6211\u5df2\u7ecf\u53d8\u6210\u4e86\u4e00\u4e2a\u52a0\u5bc6\u8d27\u5e01\u7684\u2018Degen\u2019\u4ea4\u6613\u5458\u2026\u2026\u8fd9\u592a\u75af\u72c2\u4e86\uff0c\u6211\u4e0a\u4e2a\u5395\u6240\u7684\u529f\u592b\uff0c\u5982\u679c\u6ca1\u6709\u8c03\u6574\u597d\u6240\u6709\u7684 delta\uff08\u5e0c\u814a\u5b57\u6bcd\uff0c\u7528\u6765\u63cf\u8ff0\u671f\u6743\u4ef7\u683c\u5bf9\u5176\u4ed6\u56e0\u7d20\u7684\u654f\u611f\u5ea6\uff09\uff0c\u56de\u6765\u5c31\u53ef\u80fd\u4f1a\u9762\u4e34\u6570\u767e\u4e07\u7f8e\u5143\u7684\u98ce\u9669\uff0c\u884c\u60c5\u53d8\u52a8\u592a\u5feb\u4e86\u3002\u300d<\/p>\n

\u56e0\u6b64\uff0cMicroStrategy \u7684\u53ef\u8f6c\u6362\u503a\u5238\u9700\u6c42\u5de8\u5927\uff0c\u8fd9\u4f7f\u5f97\u8be5\u516c\u53f8\u80fd\u591f\u51fa\u552e\u5927\u91cf\u503a\u5238\u2014\u2014\u4e00\u5e74\u5185\u53d1\u884c\u4e94\u6b21\uff0c\u8fd9\u662f\u524d\u6240\u672a\u6709\u7684\u3002<\/p>\n

\u622a\u81f3\u76ee\u524d\uff0c\u516c\u53f8\u6709\u516d\u7b14\u672a\u507f\u8fd8\u7684\u53ef\u8f6c\u6362\u503a\u5238\uff0c\u5230\u671f\u65e5\u5728 2027 \u5e74\u81f3 2032 \u5e74\u4e4b\u95f4\u3002\u5176\u4e2d\u4e24\u7b14\u5229\u7387\u4e3a 0%\uff0c\u53e6\u5916\u4e24\u7b14\u4e3a 0.625%\uff0c\u7b2c\u4e94\u7b14\u4e3a 0.875%\uff0c\u6700\u540e\u4e00\u7b14\u4e3a 2.25%\u3002\u7531\u4e8e\u8fd9\u4e9b\u5229\u7387\u975e\u5e38\u4f4e\uff0cMicroStrategy \u80fd\u591f\u4ee5\u8fdc\u9ad8\u4e8e\u5f53\u524d\u80a1\u4ef7\u7684\u4ef7\u683c\u51fa\u552e\u80a1\u7968\uff0c\u540c\u65f6\u53ea\u9700\u652f\u4ed8 0.811% \u7684\u5e73\u5747\u503a\u52a1\u5229\u7387\uff0c\u5373\u6bcf\u5e74 3500 \u4e07\u7f8e\u5143\uff0c\u8fd9\u4e2a\u91d1\u989d\u5f88\u5bb9\u6613\u88ab\u516c\u53f8\u7684\u6536\u5165\u8986\u76d6\u3002<\/p>\n

\u52a0\u5bc6\u6570\u636e\u516c\u53f8 Amberdata \u884d\u751f\u54c1\u603b\u76d1 Greg Magadini \u544a\u8bc9 CoinDesk\uff1a\u300c\u5982\u679c\u9690\u542b\u6ce2\u52a8\u7387\u4fdd\u6301\u9ad8\u4f4d\uff0c\u6211\u6562\u6253\u8d4c MSTR \u4f1a\u51fa\u552e\u8d8a\u6765\u8d8a\u591a\u7684\u53ef\u8f6c\u6362\u503a\u5238\u2026\u2026\u8fd9\u610f\u5473\u7740\u4ed6\u4eec\u4f1a\u8d2d\u4e70\u8d8a\u6765\u8d8a\u591a\u7684\u6bd4\u7279\u5e01\u3002\u5bf9\u6211\u6765\u8bf4\uff0c\u6bd4\u7279\u5e01\u53cd\u5f39\u7684\u7b2c\u4e00\u4e2a\u8ff9\u8c61\u2018TOP\u2019\u5c06\u4e0e MSTR \u9690\u542b\u6ce2\u52a8\u7387\u7684\u4e0b\u964d\u540c\u65f6\u53d1\u751f\u3002\u300d<\/p>\n

\u53ef\u8f6c\u6362\u503a\u5238\u70ed\u6f6e<\/strong><\/p>\n

\u9664\u4e86\u4e0a\u8ff0\u6bd4\u7279\u5e01\u77ff\u4f01\u5916\uff0c\u8fd8\u6709\u533b\u7597\u8bbe\u5907\u516c\u53f8 Semler Scientific (SMLR)\uff0c\u8be5\u516c\u53f8\u4e8e 5 \u6708\u5e95\u516c\u5e03\u4e86\u5176\u6bd4\u7279\u5e01\u8d22\u52a1\u6218\u7565\u3002\u867d\u7136\u8be5\u516c\u53f8\u8fc4\u4eca\u4e3a\u6b62\u4ec5\u4f7f\u7528\u5176\u8d44\u4ea7\u8d1f\u503a\u8868\u4e0a\u7684\u73b0\u91d1\u548c\u901a\u8fc7\u80a1\u7968\u9500\u552e\u7b79\u96c6\u7684\u8d44\u91d1\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u4f46\u5176\u80a1\u7968\u4e8e\u5468\u4e8c\u83b7\u5f97\u4e86\u671f\u6743\u5e02\u573a\uff0c\u8fd9\u5c06\u4f7f\u503a\u5238\u53d1\u884c\u5bf9\u5bfb\u6c42\u7c7b\u4f3c\u4e8e MicroStrategy \u7684\u503a\u52a1\u6536\u76ca\u7684\u6295\u8d44\u8005\u548c\u4ea4\u6613\u5458\u66f4\u5177\u5438\u5f15\u529b\u3002<\/p>\n

\u636e MinerMag \u62a5\u9053\uff0c\u4ec5\u4ece 6 \u6708\u5230 12 \u6708 5 \u65e5\uff0c\u6bd4\u7279\u5e01\u77ff\u5de5\u5c31\u627f\u62c5\u4e86\u7ea6 52 \u4ebf\u7f8e\u5143\u7684\u503a\u52a1\u3002MARA \u548c Core Scientific \u7b49\u4e00\u4e9b\u53ef\u8f6c\u6362\u7968\u636e\u7684\u53d1\u884c\u5229\u7387\u4e3a 0%\uff0c\u800c Bitdeer\u3001IREN (IREN) \u548c TeraWulf (WULF) \u7b49\u5176\u4ed6\u516c\u53f8\u5219\u4ee5 2.75% \u81f3 8.5% \u4e0d\u7b49\u7684\u5229\u7387\u53d1\u884c\u4e86\u8fd9\u4e9b\u7968\u636e\u3002<\/p>\n

\u7136\u800c\uff0c\u5e76\u975e\u6bcf\u5bb6\u516c\u53f8\u90fd\u51fa\u4e8e\u540c\u6837\u7684\u539f\u56e0\u91c7\u7528\u8fd9\u4e00\u7b56\u7565\u3002MARA \u548c Riot Platforms (RIOT) \u6b63\u5728\u6548\u4eff MicroStrategy\uff0c\u5229\u7528\u53ef\u8f6c\u6362\u503a\u5238\u7684\u6536\u76ca\u5728\u5176\u8d44\u4ea7\u8d1f\u503a\u8868\u4e2d\u589e\u52a0\u66f4\u591a\u6bd4\u7279\u5e01\uff0c\u4f46 Core Scientific \u7b49\u516c\u53f8\u5e0c\u671b\u7528\u8fd9\u7b14\u8d44\u91d1\u6765\u652f\u4ed8\u8fd0\u8425\u8d39\u7528\u3001\u8d44\u672c\u652f\u51fa\u548c\u6f5c\u5728\u6536\u8d2d\u3002\u4e0e\u6b64\u540c\u65f6\uff0cBitdeer \u8868\u793a\uff0c\u5176\u76ee\u6807\u662f\u8fdb\u4e00\u6b65\u53d1\u5c55\u5176\u91c7\u77ff\u8bbe\u5907\u5236\u9020\u4e1a\u52a1\u3002<\/p>\n

\u603b\u6709\u5230\u671f\u7684\u4e00\u5929<\/strong><\/p>\n

\u7136\u800c\uff0c\u53ef\u8f6c\u6362\u503a\u5238\u5e76\u975e\u514d\u8d39\u7684\u94b1\u3002\u5982\u524d\u6240\u8ff0\uff0c\u4e00\u65e6\u503a\u5238\u5230\u671f\uff0c\u6301\u6709\u4eba\u53ef\u4ee5\u51b3\u5b9a\u4ee5\u7ea6\u5b9a\u7684\u6bcf\u80a1\u4ef7\u683c\u5c06\u5176\u8f6c\u6362\u4e3a\u80a1\u7968\uff0c\u6216\u8005\u5728\u80a1\u7968\u8868\u73b0\u4e0d\u53ca\u9884\u671f\u65f6\u5c06\u5176\u8d4e\u56de\u4e3a\u73b0\u91d1\u3002<\/p>\n

\u90a3\u4e48\u5371\u9669\u5c31\u5728\u4e8e\uff0c\u8fd9\u4e9b\u516c\u53f8\u7684\u80a1\u4ef7\u53ef\u80fd\u4f1a\u5728\u5f88\u957f\u4e00\u6bb5\u65f6\u95f4\u5185\u5927\u5e45\u4e0b\u8dcc\uff0c\u4ece\u800c\u6fc0\u52b1\u6301\u6709\u4eba\u5c06\u7968\u636e\u5151\u6362\u6210\u73b0\u91d1\u800c\u4e0d\u662f\u80a1\u7968\u3002\u5c31 MicroStrategy \u800c\u8a00\uff0c\u8fd9\u53ef\u80fd\u4f1a\u8feb\u4f7f\u8be5\u516c\u53f8\u51fa\u552e\u90e8\u5206\u6bd4\u7279\u5e01\u8d44\u4ea7\u4ee5\u507f\u8fd8\u6295\u8d44\u8005\uff0c\u800c\u6bd4\u7279\u5e01\u6316\u77ff\u516c\u53f8\u5219\u53ef\u80fd\u88ab\u8feb\u51fa\u552e\u5404\u79cd\u6316\u77ff\u8d44\u4ea7\u3002\u5728\u6700\u574f\u7684\u60c5\u51b5\u4e0b\uff0c\u8fd9\u4e9b\u516c\u53f8\u6700\u7ec8\u53ef\u80fd\u4f1a\u9762\u4e34\u7834\u4ea7\u3002<\/p>\n

\u5f3a\u5236\u51fa\u552e\u6bd4\u7279\u5e01\u5e76\u4e0d\u4e00\u5b9a\u662f\u4e16\u754c\u672b\u65e5\uff0c\u81f3\u5c11\u53ea\u8981\u8be5\u516c\u53f8\u7684\u5e73\u5747\u8d2d\u4e70\u4ef7\u683c\u4f4e\u4e8e\u5176\u51fa\u552e\u4ef7\u683c\u3002\u4f8b\u5982\uff0cMicroStrategy \u7684\u50a8\u5907\u4ee5\u5e73\u5747\u6bcf\u6bd4\u7279\u5e01 61,725 \u7f8e\u5143\u7684\u4ef7\u683c\u6536\u8d2d\uff0c\u8fd9\u7ed9\u4e86\u8be5\u516c\u53f8\u4e00\u5b9a\u7684\u5598\u606f\u7a7a\u95f4\u3002\u95ee\u9898\u662f\uff0c\u4f17\u6240\u5468\u77e5\uff0c\u6bd4\u7279\u5e01\u6bcf\u9694\u51e0\u5e74\u5c31\u4f1a\u66b4\u8dcc 80%\u3002\u4ec5\u5728\u4eca\u5e74\u2014\u2014\u5728\u725b\u5e02\u4e2d\u671f\u2014\u2014\u4ef7\u683c\u4e00\u5ea6\u4e0b\u8dcc\u8fd1 40%\uff0c\u56e0\u6b64\u4e0d\u80fd\u4fdd\u8bc1 BTC \u6c38\u8fdc\u4e0d\u4f1a\u8dcc\u7834 MicroStrategy \u7684\u5e73\u5747\u8d2d\u4e70\u4ef7\u683c\u3002<\/p>\n

\u5373\u4fbf\u5982\u6b64\uff0cMicroStrategy \u7684\u503a\u5238\u662f\u4ea4\u9519\u53d1\u884c\u7684\uff0c\u8fd9\u610f\u5473\u7740\u5b83\u4eec\u7684\u5230\u671f\u5e74\u9650\u5404\u4e0d\u76f8\u540c\u3002\u8fd9\u964d\u4f4e\u4e86\u516c\u53f8\u7684\u98ce\u9669\uff0c\u56e0\u4e3a\u5b83\u4e0d\u9700\u8981\u4e00\u6b21\u6027\u507f\u8fd8\u6240\u6709\u503a\u52a1\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u6bd4\u7279\u5e01\u548c MSTR \u9700\u8981\u4fdd\u6301\u76f8\u5f53\u957f\u4e00\u6bb5\u65f6\u95f4\u7684\u4f4e\u8ff7\uff0c\u516c\u53f8\u7684\u5904\u5883\u624d\u4f1a\u53d8\u5f97\u771f\u6b63\u5371\u9669\u3002MicroStrategy \u7684\u5927\u90e8\u5206\u503a\u5238\u5df2\u7ecf\u6ee1\u8db3\u8f6c\u6362\u8981\u6c42\uff0c\u8fd9\u662f\u8be5\u516c\u53f8\u7684\u53e6\u4e00\u4e2a\u4f18\u52bf\uff0c\u800c\u4e14\u5b83\u603b\u662f\u53ef\u4ee5\u9009\u62e9\u901a\u8fc7\u53d1\u884c\u65b0\u7684\u53ef\u8f6c\u6362\u503a\u5238\u6765\u5c55\u671f\u503a\u52a1\uff0c\u5373\u4f7f\u8fd9\u4e9b\u503a\u5238\u7684\u6761\u6b3e\u4e0d\u90a3\u4e48\u4f18\u60e0\u3002<\/p>\n

\u4ece\u67d0\u79cd\u610f\u4e49\u4e0a\u8bf4\uff0c\u5728\u501f\u503a\u4e70\u6bd4\u7279\u5e01\u65b9\u9762\uff0cMicroStrategy \u662f\u7ecf\u9a8c\u4e30\u5bcc\u7684\u8001\u624b\uff0c\u800c\u50cf\u6bd4\u7279\u5e01\u77ff\u4f01\u548c Semler\uff08\u5982\u679c\u5b83\u786e\u5b9e\u9009\u62e9\u53d1\u884c\u503a\u5238\uff09\u8fd9\u6837\u7684\u65b0\u6765\u8005\u53ef\u80fd\u4f1a\u53d1\u73b0\u81ea\u5df1\u9762\u4e34\u7684\u98ce\u9669\u66f4\u5927\uff0c\u56e0\u4e3a\u4ed6\u4eec\u5728\u63a5\u8fd1\u6f5c\u5728\u5e02\u573a\u5468\u671f\u9876\u90e8\u65f6\u627f\u62c5\u4e86\u5de8\u989d\u503a\u52a1\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

Michael Saylor \u548c MicroStrategy(MSTR) \u662f\u4e0d\u662f\u53d1\u73b0\u4e86\u4ec0\u4e48\u94b1\u751f\u94b1\u7684\u91d1\u878d\u300c\u6f0f\u6d1e\u300d […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1451","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1451"}],"version-history":[{"count":1,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1451\/revisions"}],"predecessor-version":[{"id":3105,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1451\/revisions\/3105"}],"wp:attachment":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1451"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}