MicroStrategy CEO Touts 'Opportunity' To Take On More Leverage, Says Value Generated From Bitcoin Holdings 'Expected To Outperform' If Price Of King Crypto Rises
MicroStrategy CEO Touts 'Opportunity' To Take On More Leverage, Says Value Generated From Bitcoin Holdings 'Expected To Outperform' If Price Of King Crypto Rises
MicroStrategy Inc. (NASDAQ:MSTR) is considering increasing its leveraged bets on Bitcoin (CRYPTO: BTC), signaling its readiness to amplify a strategy that has already inflated its Bitcoin holdings to over $14 billion.
微策略公司（納斯達克股票代碼：MSTR）正在考慮增加對比特幣（加密貨幣：BTC）的槓桿押注，這表明它準備擴大一項已經將其比特幣持有量增加到140億美元以上的策略。
What Happened: On Monday, during the first quarter earnings call, MicroStrategy's executives championed an "intelligent leverage" approach to acquiring more Bitcoin.
發生了什麼：週一，在第一季度業績電話會議上，MicroStrategy的高管們倡導採用 “智能槓桿” 方法來收購更多比特幣。
The company's President and CEO, Phong Le, suggested that if the market value of their Bitcoin increases, it would create more opportunities to manage their leverage targets.
該公司總裁兼首席執行官Phong Le表示，如果其比特幣的市值增加，將爲管理其槓桿目標創造更多機會。
Le said, "With the opportunity to take on more leverage in a prudent risk-managed fashion, the value generated from our increasing Bitcoin holdings would be expected to outperform even further if Bitcoin prices continue to rise."
勒說：“有機會以謹慎的風險管理方式發揮更大的槓桿作用，如果比特幣價格繼續上漲，我們增加的比特幣持有量所產生的價值有望進一步跑贏大盤。”
MicroStrategy's unconventional strategy involves issuing billions in debt and equity to acquire more Bitcoin whenever prices dip.
MicroStrategy的非常規策略包括髮行數十億美元的債務和股權，以便在價格下跌時收購更多的比特幣。
The company, a strong believer in Bitcoin's long-term potential, held about 214,400 Bitcoins worth $14 billion as of late April after deploying $1.6 billion in cash raised from recent debt and stock offerings to purchase over 25,000 more coins in the first quarter.
該公司堅信比特幣的長期潛力，截至4月下旬，該公司持有約214,400枚比特幣，價值140億美元，此前該公司使用了近期債務和股票發行籌集的16億美元現金，在第一季度又購買了超過25,000枚硬幣。
Despite Bitcoin's 60% surge in 2024, MicroStrategy's leveraged approach has drawn criticism from analysts concerned about the company's heightened risk exposure should prices crash again.
儘管比特幣在2024年飆升了60％，但MicroStrategy的槓桿方法引起了分析師的批評，他們擔心如果價格再次暴跌，該公司的風險敞口將增加。
MicroStrategy offered illustrations showing how leverage could boost investor returns exponentially if Bitcoin prices were to theoretically reach $250,000, underscoring the company's conviction in its debt-fueled acquisition strategy.
MicroStrategy提供的插圖表明，如果比特幣價格在理論上達到25萬美元，槓桿率將如何成倍地提高投資者的回報，這凸顯了該公司對其以債務爲動力的收購策略的信念。
Executive Chairman Michael Saylor claimed the company's corporate structure and access to capital markets give it a strategic edge over other firms in accumulating Bitcoin.
執行董事長邁克爾·塞勒聲稱，該公司的公司結構和資本市場準入使其在積累比特幣方面比其他公司具有戰略優勢。
"We are a public company and an operating company, and that gives us flexible, active control over our capital structure," Saylor stated on the call. "We wouldn't have been able to raise as much capital without volatility."
塞勒在電話會議上表示：“我們是一家上市公司和一家運營公司，這使我們能夠靈活、積極地控制我們的資本結構。”“如果沒有波動，我們就無法籌集那麼多的資金。”
Why It Matters: MicroStrategy reported its first-quarter financial results, which showed a 5.51% decrease in sales year-over-year. Despite this, the company's Bitcoin holdings have continued to grow.
爲何重要：MicroStrategy公佈了其第一季度財務業績，顯示銷售額同比下降了5.51％。儘管如此，該公司的比特幣持有量仍在持續增長。
Saylor has previously highlighted the unique advantages that MicroStrategy has over its competitors, such as the ability to leverage its stock, offer options, and issue convertible debt.
塞勒此前曾強調過MicroStrategy相對於競爭對手的獨特優勢，例如利用其股票、提供期權和發行可轉換債務的能力。
MSTR Price Action: According to Benzinga Pro, MicroStrategy shares are down 2.63% after-hours at $1,259 at the time of publication.
MSTR價格走勢：根據Benzinga Pro的數據，截至發佈時，MicroStrategy股價盤後下跌2.63％，至1,259美元。
This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和出版。
譯文內容由第三人軟體翻譯。