{"id":1460,"date":"2025-07-30T03:05:19","date_gmt":"2025-07-29T19:05:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=1460"},"modified":"2025-07-30T03:05:19","modified_gmt":"2025-07-29T19:05:19","slug":"%e5%8a%a0%e5%af%86%e4%bc%81%e4%b8%9a%e5%bd%b1%e5%93%8d%e5%8a%9b%e6%89%a9%e5%9c%88%e4%b8%89%e6%9d%bf%e6%96%a7%ef%bc%9a%e4%b8%8a%e5%b8%82%e3%80%81%e7%ba%b3%e6%8c%87100%e4%b8%8e%e6%a0%87%e6%99%ae500","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=1460","title":{"rendered":"\u52a0\u5bc6\u4f01\u4e1a\u5f71\u54cd\u529b\u6269\u5708\u4e09\u677f\u65a7\uff1a\u4e0a\u5e02\u3001\u7eb3\u6307100\u4e0e\u6807\u666e500\uff1f"},"content":{"rendered":"

MicroStrategy \u5df2\u6b63\u5f0f\u5165\u9009\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\uff0c\u5e76\u5c06\u4f1a\u5728 12 \u6708 23 \u65e5\u661f\u671f\u4e00\u5f00\u5e02\u524d\u751f\u6548\u3002\u8fd9\u4e5f\u8ba9 MicroStrategy \u6210\u52a0\u5bc6\u884c\u4e1a\u7b2c\u4e00\u4e2a\u5165\u9009\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u7684\u52a0\u5bc6\u516c\u53f8\u3002<\/p>\n

\u6b64\u540e\uff0cMicroStrategy \u8463\u4e8b\u957f Michael Saylor \u5c31\u9884\u8ba1\u6bd4\u7279\u5e01\u77ff\u4f01 MARA \u662f\u4e0b\u4e00\u4e2a\u88ab\u7eb3\u5165\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u7684\u52a0\u5bc6\u516c\u53f8\u3002<\/p>\n

\u52a0\u5bc6\u4f01\u4e1a\u88ab\u7eb3\u5165\u6807\u51c6\u4e25\u82db\u7684\u6307\u6570\u80cc\u540e\uff0c\u80cc\u540e\u662f\u4f20\u7edf\u91d1\u878d\u79d1\u6280\u884c\u4e1a\u5bf9\u5176\u7684\u63a5\u7eb3\u7a0b\u5ea6\u53d8\u5f97\u8d8a\u6765\u8d8a\u5f00\u653e\u3002\u4ece\u4e0a\u5e02\u5230\u5165\u9009\u6307\u6570 100\uff0c\u52a0\u5bc6\u4f01\u4e1a\u6216\u5728\u6380\u8d77\u6a21\u4eff\u98ce\u6f6e\u3002<\/p>\n

\u52a0\u5bc6\u4f01\u4e1a\u7f8e\u56fd\u4e0a\u5e02\u6f6e<\/strong><\/p>\n

\u7f8e\u56fd\u4ecd\u662f\u79d1\u6280\u7b2c\u4e00\u5927\u56fd\uff0c\u4e14\u7f8e\u80a1\u662f\u5168\u7403\u80a1\u5e02\u4e2d\u5360\u636e\u91cd\u8981\u5730\u4f4d\u3002\u52a0\u5bc6\u884c\u4e1a\u7684\u6269\u5708\u6548\u5e94\u901a\u5e38\u4f1a\u7f8e\u56fd\u672c\u571f\u4e0a\u5e02\u800c\u5f97\u5230\u5e7f\u6cdb\u4f20\u64ad\u3002\u52a0\u5bc6\u4f01\u4e1a\u5728\u7eb3\u65af\u8fbe\u514b\u4e0a\u5e02\uff0c\u66f4\u662f\u5bf9\u4f01\u4e1a\u7684\u5408\u6cd5\u6027\u8ba4\u53ef\u5ea6\u3001\u8d44\u91d1\u83b7\u53d6\u3001\u6d41\u52a8\u6027\u7b49\u65b9\u9762\u6709\u7740\u79ef\u6781\u6b63\u9762\u5f71\u54cd\u3002<\/p>\n

\u7f8e\u56fd\u672c\u571f\u4e0a\u5e02\u6d41\u7a0b\u548c\u8981\u6c42\u5f80\u5f80\u9075\u5faa\u9ad8\u6807\u51c6\u3002\u5bf9\u4e8e\u7533\u8bf7\u4e0a\u5e02\u7684\u516c\u53f8\uff0c\u90fd\u4f1a\u5728\u5176\u8fd1\u5e74\u516c\u53f8\u6536\u5165\u3001\u516c\u53f8\u5e02\u503c\u3001\u505a\u5e02\u5546\u3001\u516c\u53f8\u6cbb\u7406\u3001\u8d22\u52a1\u62a5\u544a\u4ee5\u53ca\u5408\u89c4\u5ba1\u67e5\u65b9\u9762\u90fd\u6709\u975e\u5e38\u5177\u4f53\u7684\u8981\u6c42\u548c\u89c4\u5b9a\u3002<\/p>\n

\u81ea 2020 \u5e74\u4ee5\u6765\uff0c\u52a0\u5bc6\u5e02\u573a\u4e2d\u5305\u62ec\u77ff\u4f01\u3001\u4ea4\u6613\u6240\u3001\u52a0\u5bc6\u94b1\u5305\u7b49\u90fd\u76f8\u7ee7\u4e0a\u5e02\u3002\u4ea4\u6613\u6240\u8d5b\u9053\u4e2d\uff0cCoinbase \u4e8e 2021 \u5e74 4 \u6708\u767b\u9646\u7eb3\u65af\u8fbe\u514b\u3002\u65e5\u672c\u5238\u5546\u548c\u52a0\u5bc6\u4ea4\u6613\u6240\u8fd0\u8425\u5546 Monex Group \u5408\u5e76\u5b50\u516c\u53f8 Coincheck Group N.V.\u4e5f\u4e0e 12 \u6708 11 \u65e5\u4e0a\u5e02\u3002<\/p>\n

\u77ff\u4f01\u65b9\u9762\u4f1a\u5219\u5305\u62ec CleanSpark\u3001Mara Digital Holdings\u3001Riot Platforms\u3002\u52a0\u5bc6\u94b1\u5305\u9886\u57df\uff0cExodus Movement \u5219\u4e8e 12 \u6708 18 \u65e5\u7ebd\u4ea4\u6240\u4e0a\u5e02\u3002<\/p>\n

\u503c\u5f97\u4e00\u63d0\u7684\u662f\uff0c\u8fd8\u6709\u90e8\u5206\u516c\u53f8\u6700\u5f00\u59cb\u4e0a\u5e02\u65f6\u7684\u4e3b\u8425\u4e1a\u52a1\u5e76\u4e0d\u662f\u52a0\u5bc6\u884c\u4e1a\uff0c\u800c\u662f\u540e\u7eed\u5728\u540e\u7eed\u8f6c\u5165\u52a0\u5bc6\u884c\u4e1a\uff0c\u5982 Riot Blockchain \u4ee5\u53ca MicroStrategy\u3002<\/p>\n

\u9664\u4ee5\u4e0a\u90e8\u5206\u52a0\u5bc6\u4f01\u4e1a\u4e0a\u5e02\u4e4b\u5916\uff0c\u76ee\u524d\u4ecd\u5728\u4e0a\u5e02\u51c6\u5907\u4e2d\u7684\u4f01\u4e1a\u8fd8\u5305\u62ec\u6bd4\u7279\u5e01\u91d1\u878d\u670d\u52a1\u516c\u53f8 Fold\u3001DeFi Technologies\u3001\u4ea4\u6613\u5728\u7ebf\u7ecf\u7eaa\u516c\u53f8 eToro \u3002<\/p>\n

\u7f8e\u4ea4\u6613\u6240 Kraken \u4e8e\u4eca\u5e74 11 \u6708\u4efb\u547d\u65b0\u4efb\u9996\u5e2d\u8d22\u52a1\u5b98 Stephanie\uff0c\u5176 CEO \u8868\u793a\u5c31\u662f\u5728\u4e3a\u4e0a\u5e02\u505a\u51c6\u5907\u3002Circle \u9996\u5e2d\u6267\u884c\u5b98\u4e5f\u5728\u4eca\u5e74 10 \u6708\u63a5\u53d7\u91c7\u8bbf\u65f6\u8868\u793a\u591a\u5e74\u6765\u4e00\u76f4\u6e34\u671b\u4e0a\u5e02\uff0c\u76ee\u524d\u4ecd\u672a\u6539\u53d8\u8fd9\u4e00\u613f\u666f\u3002<\/p>\n

\u6bcf\u4e00\u8f6e\u5468\u671f\uff0c\u90fd\u4f1a\u6709\u4e0d\u5c11\u52a0\u5bc6\u4f01\u4e1a\u6b63\u5f0f\u4e0a\u5e02\uff0c2025 \u5e74\u968f\u7740\u5408\u89c4\u5316\u548c\u5f71\u54cd\u529b\u7684\u4e0d\u65ad\u63a8\u8fdb\uff0c\u6216\u5c06\u51fa\u73b0\u66f4\u591a\u5728\u7f8e\u4e0a\u5e02\u7684\u52a0\u5bc6\u4f01\u4e1a\u3002<\/p>\n

\u7eb3\u65af\u8fbe\u514b\u6307\u6570 100<\/strong><\/p>\n

\u52a0\u5bc6\u516c\u53f8\u5728\u6b63\u5f0f\u4e0a\u5e02\u4e4b\u540e\uff0c\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u5219\u6210\u4e86\u8fdb\u4e00\u6b65\u83b7\u5f97\u5f71\u54cd\u529b\u77e5\u540d\u5ea6\u7684\u9636\u68af\u3002<\/p>\n

\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\uff08Nasdaq-100 Index\uff09\u662f\u7531\u7eb3\u65af\u8fbe\u514b\u8bc1\u5238\u4ea4\u6613\u6240\u63a8\u51fa\u7684\u4e00\u4e2a\u80a1\u6307\uff0c\u5305\u542b\u4e86 100 \u5bb6\u5728\u7eb3\u65af\u8fbe\u514b\u4ea4\u6613\u6240\u4e0a\u5e02\u7684\u975e\u91d1\u878d\u7c7b\u6700\u5927\u516c\u53f8\u3002\u8be5\u6307\u6570\u53cd\u6620\u4e86\u8fd9\u4e9b\u516c\u53f8\u6574\u4f53\u7684\u5e02\u573a\u8868\u73b0\uff0c\u662f\u5168\u7403\u6295\u8d44\u8005\u5173\u6ce8\u7684\u91cd\u8981\u6307\u6570\u4e4b\u4e00\u3002<\/p>\n

\u80fd\u591f\u5165\u9009\u7eb3\u65af\u8fbe\u514b\u6307\u6570 100 \u5c31\u610f\u5473\u7740\u5e02\u573a\u5bf9\u5176\u5e02\u503c\u3001\u80a1\u7968\u6d41\u52a8\u6027\u3001\u8d22\u52a1\u76c8\u5229\u60c5\u51b5\u3001\u5408\u89c4\u7b49\u90fd\u6ee1\u8db3\u4e86\u5176\u4e25\u82db\u6807\u51c6\u3002<\/p>\n

MicroStrategy \u5728\u8fc7\u5f80\u6570\u5e74\u4e2d\u51ed\u501f\u5176\u56e4\u5e01\u7b56\u7565\u4ee5\u53ca\u4ee4\u4eba\u4fa7\u76ee\u7684\u76c8\u5229\u6c34\u5e73\uff0c\u6700\u7ec8\u4e3a\u5176\u8d62\u5f97\u4e86\u5165\u9009\u95e8\u7968\u3002<\/p>\n

\u81ea 2020 \u5e74\u5f00\u59cb\uff0cMicroStrategy \u5373\u5c06 BTC \u4f5c\u4e3a\u5176\u516c\u53f8\u4e3b\u8981\u50a8\u5907\u8d44\u4ea7\u3002\u968f\u7740 MicroStrategy \u75af\u72c2\u4e70\u5165\uff0c\u65b0\u4e00\u8f6e\u5468\u671f\u4e2d\u51ed\u501f\u6bd4\u7279\u5e01\u7684\u5f3a\u52bf\u8d70\u9ad8\uff0c\u5176\u516c\u53f8\u80a1\u4ef7\u4e5f\u4e00\u8def\u4e0a\u626c\u30022023 \u5e74 1 \u6708\uff0cMSTR \u80a1\u4ef7\u4ec5\u4e3a 150 \u7f8e\u5143\uff0c2024 \u5e74 3 \u6708\u80a1\u4ef7\u5219\u51b2\u81f3\u6700\u9ad8 1999.99 \u7f8e\u5143\uff0c\u5e02\u503c\u6570\u5343\u4ebf\u7f8e\u5143\uff0c\u77ed\u77ed\u4e00\u5e74\u591a\u65f6\u95f4\uff0c\u5176\u80a1\u4ef7\u56de\u62a5\u7387\u66f4\u662f\u8d85\u8fc7 1000%\u300212 \u6708 18 \u65e5\uff0cMichael Salor \u516c\u5e03\u7684 MicroStrategy \u8d22\u52a1\u8fd0\u8425\u672c\u5b63\u5ea6\u4e3a\u80a1\u4e1c\u5e26\u6765 116,940 \u679a BTC \u51c0\u6536\u76ca\uff0c\u6536\u76ca\u7387\u4e3a 46.4%\uff0c\u6309\u6bcf\u679a\u6bd4\u7279\u5e01 10. \u4e07\u7f8e\u5143\u8ba1\u7b97\uff0c\u672c\u5b63\u5ea6\u51c0\u6536\u76ca\u7ea6\u4e3a 122.8 \u4ebf\u7f8e\u5143\u3002<\/p>\n

\u4e0d\u4ec5\u4ec5\u5176\u80a1\u4ef7\u4e0e\u76c8\u5229\u6c34\u5e73\u8868\u73b0\u4eae\u773c\uff0c\u5176\u5e02\u503c\u4e5f\u5728\u6570\u5343\u4ebf\u7f8e\u5143\u9644\u8fd1\u4e0a\u4e0b\uff0c\u6210\u4e3a\u4e3a\u6570\u4e0d\u591a\u5e02\u503c\u80fd\u7a81\u7834\u5343\u4ebf\u7f8e\u5143\u7684\u4e0a\u52a0\u5bc6\u4e0a\u5e02\u516c\u53f8\u4e4b\u4e00\u3002<\/p>\n

\u9664\u6b64\u4e4b\u5916\uff0c\u88ab\u6b63\u5f0f\u5165\u9009\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u4e4b\u540e\uff0c\u4e5f\u4ece\u4fa7\u9762\u6b63\u5f0f\u5176\u5206\u7c7b\u4e0d\u5c5e\u4e8e\u91d1\u878d\u80a1\uff0c\u800c\u662f\u6839\u636e\u5176\u516c\u53f8\u7684\u4e3b\u8425\u4e1a\u52a1\u300c\u8f6f\u4ef6\u5373\u670d\u52a1\u300d\uff0c\u5206\u7c7b\u4e3a\u79d1\u6280\u80a1\u3002<\/p>\n

MicroStrategy \u6700\u521d\u4ee5\u63d0\u4f9b\u5546\u4e1a\u667a\u80fd\uff08BI\uff09\u3001\u79fb\u52a8\u8f6f\u4ef6\u548c\u57fa\u4e8e\u4e91\u7684\u670d\u52a1\u4e3a\u4e3b\u8981\u4e1a\u52a1\u3002\u5176\u4e3b\u8981\u7ade\u4e89\u5bf9\u624b\u5305\u62ec SAP AG \u7684 Business Objects\u3001IBM Cognos \u548c Oracle Corporation \u7684 BI \u5e73\u53f0\u3002\u6839\u636e 2020 \u5e74\u7684\u8d22\u62a5\uff0cMicroStrategy \u7684\u5168\u5e74\u8425\u6536\u4e3a 4.8 \u4ebf\u7f8e\u5143\u3002\u81ea\u4ece 2020 \u5e74\u5f00\u59cb\u5927\u89c4\u6a21\u6295\u8d44\u6bd4\u7279\u5e01\u540e\uff0cMicroStrategy \u9010\u6e10\u88ab\u89c6\u4e3a\u6bd4\u7279\u5e01\u6982\u5ff5\u80a1\uff0c\u5176\u4e3b\u8425\u6536\u5165\u4e1a\u52a1\u4e5f\u53d7\u5230\u4e86\u6bd4\u7279\u5e01\u6295\u8d44\u7684\u5f71\u54cd\uff0c\u4e0d\u8fc7\u5176\u6838\u5fc3\u4e1a\u52a1\u4ecd\u662f\u8f6f\u4ef6\u548c\u670d\u52a1\u3002<\/p>\n

\u5bf9\u4e8e\u52a0\u5bc6\u884c\u4e1a\u800c\u8a00\uff0c\u7eb3\u65af\u8fbe\u514b 100 \u7684\u5f71\u54cd\u529b\u53ef\u80fd\u4e5f\u4f1a\u6fc0\u52b1\u66f4\u591a\u4f01\u4e1a\u6548\u4eff MicroStrategy \u5e76\u52a0\u5165\u6bd4\u7279\u5e01\u6295\u8d44\u7684\u884c\u5217\u3002<\/p>\n

MARA\uff0c\u4e0b\u4e00\u4e2a\u5165\u9009\u7eb3\u6307 100 \u7684\u52a0\u5bc6\u516c\u53f8\uff1f<\/strong><\/p>\n

\u6bd4\u7279\u5e01\u77ff\u4f01 MARA \u6210\u4e86\u4e0b\u4e00\u4e2a\u5907\u53d7\u5173\u6ce8\u6216\u5c06\u5165\u9009\u7eb3\u6307 100 \u7684\u516c\u53f8\u3002<\/p>\n

\u4e0e MicroStrategy \u98ce\u683c\u7c7b\u4f3c\uff0c\u8fc7\u5f80\u6570\u6708\u4e2d\uff0cMARA \u901a\u8fc7\u53d1\u884c\u53ef\u8f6c\u5316\u6709\u9650\u7968\u636e\u878d\u8d44\u5b8c\u6210\u6570\u4ebf\u7f8e\u5143\u7528\u4e8e\u4e0d\u65ad\u589e\u6301\u6bd4\u7279\u5e01\u3002\u4e0d\u8fc7\u60f3\u8981\u5165\u9009\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\uff0c\u5219\u6709\u4e0d\u5c0f\u96be\u5ea6\u3002<\/p>\n

\u867d\u7136 MARA \u5c5e\u4e8e\u975e\u91d1\u878d\u516c\u53f8\uff0c\u76c8\u5229\u6c34\u5e73\u548c\u516c\u53f8\u6d41\u52a8\u6027\u4e5f\u6ee1\u8db3\u4e00\u5b9a\u8981\u6c42\uff0c\u4f46\u5728\u516c\u53f8\u5e02\u503c\u65b9\u9762\u4ecd\u4e0e MicroStrategy \u76f8\u5dee\u751a\u8fdc\u3002\u901a\u5e38\u6765\u8bf4\uff0c\u5165\u9009\u7eb3\u6307 100 \u7684\u516c\u53f8\u5e02\u503c\u90fd\u8f83\u9ad8\uff0c\u516c\u53f8\u5fc5\u987b\u8fbe\u5230\u4e00\u5b9a\u7684\u89c4\u6a21\u624d\u80fd\u5165\u9009\u524d 100 \u540d\u3002<\/p>\n

\"\u52a0\u5bc6\u4f01\u4e1a\u5f71\u54cd\u529b\u6269\u5708\u4e09\u677f\u65a7\uff1a\u4e0a\u5e02\u3001\u7eb3\u6307100\u4e0e\u6807\u666e500\uff1f\"\"\u52a0\u5bc6\u4f01\u4e1a\u5f71\u54cd\u529b\u6269\u5708\u4e09\u677f\u65a7\uff1a\u4e0a\u5e02\u3001\u7eb3\u6307100\u4e0e\u6807\u666e500\uff1f\"<\/figure>\n

\u622a\u6b62\u76ee\u524d\uff0cMicroStrategy \u7684\u5e02\u503c 900 \u591a\u4ebf\u7f8e\u5143\uff0cMARA \u7684\u5e02\u503c\u8fd1\u5728 80 \u4ebf\u7f8e\u5143\u4e0a\u4e0b\u6ce2\u52a8\uff0c\u4e24\u8005\u76f8\u5dee 10 \u591a\u500d\u8ddd\u79bb\u3002<\/p>\n

\u8981\u60f3\u52a0\u5165\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u7684\u65b0\u516c\u53f8\uff0c\u5fc5\u987b\u5220\u9664\u5176\u4ed6\u516c\u53f8\u3002\u867d\u7136 MicroStrategy \u662f\u65b0\u589e\u7684\u4e09\u5bb6\u516c\u53f8\u4e4b\u4e00\uff0c\u4f46 Illumina\uff08227 \u4ebf\uff09\u3001Super Micro Computer\uff08198 \u4ebf\uff09 \u548c Moderna \uff08157 \u4ebf\uff09\u5c06\u88ab\u5220\u9664\u3002<\/p>\n

\u76ee\u524d\u5373\u5c06\u88ab\u5220\u9664\u7684\u8fd9\u4e09\u5bb6\u516c\u53f8\u5176\u5e02\u503c\u5747\u8d85\u8fc7 150 \u4ebf\u7f8e\u5143\uff0c\u4ecd\u662f MARA \u5e02\u503c\u7684\u4e00\u500d\u591a\uff0c\u8fd9\u4e5f\u4e3a\u5176\u5165\u9009\u8499\u4e0a\u4e86\u4e00\u5c42\u9634\u5f71\u3002<\/p>\n

MARA \u79bb\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u4ecd\u6709\u4e0d\u5c0f\u8ddd\u79bb\uff0c\u6216\u8bb8\u5728\u4e0d\u4e45\u7684\u672a\u6765\uff0cMARA \u51ed\u501f\u6570\u636e\u8868\u73b0\u6700\u7ec8\u83b7\u9009\u3002<\/p>\n

\u8ddd\u79bb\u6807\u666e 500 \u6307\u6570\u8fd8\u6709\u591a\u8fdc<\/strong><\/p>\n

\u6807\u666e 500 \u5305\u542b\u7f8e\u56fd 500 \u5bb6\u6700\u5927\u7684\u516c\u53f8\uff0c\u8986\u76d6\u4e86\u7ea6 80% \u7684\u7f8e\u56fd\u80a1\u5e02\u603b\u5e02\u503c\u3002\u6210\u5206\u80a1\u7684\u9009\u62e9\u57fa\u4e8e\u5e02\u503c\u3001\u6d41\u52a8\u6027\u3001\u76c8\u5229\u80fd\u529b\u548c\u884c\u4e1a\u4ee3\u8868\u6027\u3002\u6807\u666e 500 \u88ab\u8ba4\u4e3a\u662f\u7f8e\u56fd\u7ecf\u6d4e\u5065\u5eb7\u72b6\u51b5\u548c\u5927\u76d8\u80a1\u8868\u73b0\u7684\u57fa\u51c6\u3002<\/p>\n

\u4f5c\u4e3a\u5bf9\u6bd4\uff0c\u7eb3\u6307 100 \u4e0e\u6807\u666e 500 \u5165\u9009\u6807\u51c6\u7684\u76f8\u4f3c\u4e4b\u5904\u90fd\u5728\u4e8e\uff0c\u5e02\u503c\u4e0e\u80a1\u7968\u6d41\u52a8\u6027\u8981\u6c42\u8f83\u9ad8\u7b49\u3002\u4e0d\u8fc7\u7eb3\u6307 100 \u66f4\u5f3a\u8c03\u79d1\u6280\u548c\u521b\u65b0\u884c\u4e1a\uff0c\u662f\u589e\u957f\u578b\u6295\u8d44\u7684\u91cd\u8981\u6307\u6807\u3002<\/p>\n

\u6807\u666e 500 \u5219\u8fd8\u5f3a\u8c03\u8d22\u52a1\u7a33\u5b9a\u6027\u548c\u76c8\u5229\u80fd\u529b\uff0c\u800c\u8fd9\u5bf9\u4e8e\u77ff\u4f01\u4ee5\u53ca\u5df2\u56e4\u5e01\u7b56\u7565\u7684\u52a0\u5bc6\u516c\u53f8\u5219\u76f8\u5bf9\u9ad8\u6807\u51c6\u3002<\/p>\n

\u4f17\u6240\u5468\u77e5\uff0c\u52a0\u5bc6\u884c\u4e1a\u56db\u5e74\u5468\u671f\u6027\u4ecd\u5728\u663e\u6548\u4e2d\uff0c\u5e02\u573a\u5904\u4e8e\u725b\u5e02\u5468\u671f\u65f6\uff0c\u5f80\u5f80\u516c\u53f8\u8d26\u6237\u76c8\u5229\u8f83\u5927\uff0c\u800c\u4e00\u65e6\u5468\u671f\u6b65\u5165\u718a\u5e02\uff0c\u5e01\u4ef7\u4e0b\u884c\uff0c\u5219\u4f1a\u5bf9\u77ff\u4e1a\u3001\u4ee5\u6bd4\u7279\u5e01\u4e3a\u8d44\u4ea7\u7684\u516c\u53f8\u9020\u6210\u4e0d\u5c0f\u8d1f\u9762\u5f71\u54cd\u3002\u751a\u81f3\uff0c\u90e8\u5206\u516c\u53f8\u53ef\u80fd\u4f1a\u56e0\u73b0\u91d1\u6d41\u7b49\u56e0\u7d20\u800c\u53d7\u91cd\u632b\u3002<\/p>\n

\u603b\u7ed3\u6765\u8bf4\uff0c\u6807\u666e 500 \u7684\u5165\u9009\u6807\u51c6\u53ef\u80fd\u6574\u4f53\u4e0a\u66f4\u9ad8\uff0c\u56e0\u4e3a\u5b83\u4e0d\u4ec5\u8003\u8651\u5e02\u573a\u8868\u73b0\uff0c\u8fd8\u5305\u62ec\u4e25\u683c\u7684\u8d22\u52a1\u5065\u5eb7\u548c\u884c\u4e1a\u591a\u6837\u6027\u8981\u6c42\u3002\u800c\u7eb3\u65af\u8fbe\u514b 100 \u66f4\u5173\u6ce8\u5e02\u573a\u8868\u73b0\u548c\u521b\u65b0\uff0c\u5165\u9009\u8fc7\u7a0b\u76f8\u5bf9\u66f4\u81ea\u52a8\u5316\uff0c\u4f46\u5bf9\u7279\u5b9a\u884c\u4e1a\u7684\u516c\u53f8\u6765\u8bf4\uff0c\u5165\u9009\u53ef\u80fd\u610f\u5473\u7740\u66f4\u9ad8\u7684\u5e02\u573a\u8ba4\u53ef\u5ea6\u3002<\/p>\n

\u8be5\u516c\u53f8\u7b26\u5408\u6807\u51c6\u666e\u5c14 500 \u6307\u6570\u7684\u6700\u4f4e\u5e02\u503c\u548c\u4ea4\u6613\u91cf\u6807\u51c6\uff0c\u4f46\u76ee\u524d\u4e0d\u6ee1\u8db3\u5176\u4ed6\u8981\u6c42\uff1a\u8fc7\u53bb\u8fde\u7eed\u56db\u4e2a\u5b63\u5ea6\u7684\u603b\u6b63\u6536\u76ca\u3002<\/p>\n

Benchmark \u80a1\u7968\u5206\u6790\u5e08 Mark Palmer \u5206\u6790\uff0c\u300cMicroStrategy \u5df2\u8ba1\u5212\u5728 2025 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u91c7\u7528\u65b0\u7684\u8d22\u52a1\u4f1a\u8ba1\u51c6\u5219\u59d4\u5458\u4f1a \uff08FASB\uff09 \u6307\u5357\u6765\u5bf9\u516c\u53f8\u8d44\u4ea7\u8d1f\u503a\u8868\u4e0a\u6301\u6709\u7684\u6bd4\u7279\u5e01\u8fdb\u884c\u4f1a\u8ba1\u5904\u7406\uff0c\u8fd9\u5c06\u4f7f\u5176\u7acb\u5373\u5f00\u59cb\u62a5\u544a\u6b63\u6536\u76ca\u3002\u300d<\/p>\n

\u81ea 2020 \u5e74 8 \u6708\u63a8\u51fa\u6bd4\u7279\u5e01\u6536\u8d2d\u7b56\u7565\u4ee5\u6765\uff0cMicroStrategy \u7684\u7d2f\u8ba1\u51cf\u503c\u635f\u5931\u4e3a 31 \u4ebf\u7f8e\u5143\u3002\u53bb\u5e74 12 \u6708\uff0cFASB \u53d1\u5e03\u4e86\u65b0\u7684\u6307\u5357\uff0c\u5141\u8bb8\u5728\u8d44\u4ea7\u8d1f\u503a\u8868\u4e0a\u6301\u6709\u6570\u5b57\u8d44\u4ea7\u7684\u516c\u53f8\u4ee5\u516c\u5141\u4ef7\u503c\u8ba1\u91cf\u8fd9\u4e9b\u8d44\u4ea7\uff0c\u5e76\u8bb0\u5f55\u6bcf\u4e2a\u62a5\u544a\u671f\u5185\u51c0\u6536\u5165\u516c\u5141\u4ef7\u503c\u7684\u53d8\u5316\u3002\u65b0\u89c4\u5219\u81ea 2025 \u5e74 1 \u6708 1 \u65e5\u8d77\u751f\u6548\u3002<\/p>\n

Palmer \u7ee7\u7eed\u5206\u6790\u8868\u793a\uff0c\u300cMSTR \u6709\u671b\u5728 2025 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u5b9e\u73b0\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u5b63\u5ea6\u51c0\u6536\u5165\u4e00\u6b21\u6027\u589e\u957f\uff0c\u8fd9\u5c06\u7b49\u4e8e\u5176\u8d26\u9762\u4e0a\u6bd4\u7279\u5e01\u7684\u8bb0\u5f55\u4ef7\u503c\u4e0e\u5176\u5e02\u573a\u4ef7\u503c\u4e4b\u95f4\u7684\u5dee\u989d\u3002\u5982\u679c\u4e8b\u5b9e\u8bc1\u660e\uff0c\u51c0\u6536\u5165\u589e\u957f\u8db3\u4ee5\u4ea7\u751f\u8fc7\u53bb 12 \u4e2a\u6708\u7684\u6b63\u9762\u6570\u5b57\uff0c\u518d\u52a0\u4e0a MSTR \u5728\u524d\u4e09\u4e2a\u5b63\u5ea6\u7684\u4e8f\u635f\uff0c\u90a3\u4e48\u8be5\u516c\u53f8\u5c06\u5728\u8be5\u6307\u6570 2025 \u5e74\u7684\u7b2c\u4e8c\u6b21\u518d\u5e73\u8861\u4e4b\u524d\u8fbe\u5230\u7eb3\u5165\u6807\u51c6\u666e\u5c14 500 \u7684\u6807\u51c6\uff0c\u8be5\u518d\u5e73\u8861\u5b9a\u4e8e 6 \u6708\u7684\u7b2c\u4e09\u4e2a\u661f\u671f\u4e94\u8fdb\u884c\u3002\u300d<\/p>\n

\u82e5\u5e02\u573a\u884c\u60c5\u4ecd\u8868\u73b0\u826f\u597d\uff0cMicroStrategy \u5219\u6709\u673a\u4f1a\u5728\u660e\u5e74 6 \u6708\u518d\u6b21\u5165\u9009\u6807\u666e 500 \u6307\u6570\uff0c\u4ece\u800c\u5b9e\u73b0\u7eb3\u6307 100 \u4e0e\u6807\u666e 500 \u53cc\u4e30\u6536\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

MicroStrategy \u5df2\u6b63\u5f0f\u5165\u9009\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\uff0c\u5e76\u5c06\u4f1a\u5728 12 \u6708 23 \u65e5\u661f\u671f\u4e00\u5f00\u5e02\u524d\u751f\u6548\u3002\u8fd9 […]<\/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-1460","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1460","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=1460"}],"version-history":[{"count":1,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1460\/revisions"}],"predecessor-version":[{"id":3114,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=\/wp\/v2\/posts\/1460\/revisions\/3114"}],"wp:attachment":[{"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1460"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.fubairui.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}