{"id":1431,"date":"2026-03-30T05:02:12","date_gmt":"2026-03-29T21:02:12","guid":{"rendered":"https:\/\/www.yqcsfz.com\/?p=1431"},"modified":"2026-03-30T05:02:12","modified_gmt":"2026-03-29T21:02:12","slug":"%e6%89%93%e8%84%b8%e3%80%8c%e5%8d%96%e5%b8%81%e3%80%8d%e4%bc%a0%e9%97%bb%ef%bc%81strategy-%e7%a0%b8-8-3-%e4%ba%bf%e7%be%8e%e5%85%83%e3%80%81%e5%a4%a7%e6%89%8b%e7%ac%94%e6%89%ab%e8%bf%9b-8178","status":"publish","type":"post","link":"https:\/\/www.manwah.net\/?p=1431","title":{"rendered":"\u6253\u8138\u300c\u5356\u5e01\u300d\u4f20\u95fb\uff01Strategy \u7838 8.3 \u4ebf\u7f8e\u5143\u3001\u5927\u624b\u7b14\u626b\u8fdb 8,178 \u679a\u6bd4\u7279\u5e01"},"content":{"rendered":"<div class=\"thumbnail-container animate-lazy\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"375\" class=\"attachment-jnews-750x375 size-jnews-750x375 lazyload wp-post-image\" alt=\"\u57fa\u4e8e\u6bd4\u7279\u5e01\u533a\u5757\u94fe\uff01MicroStrategy \u5ba3\u5e03\u63a8\u51fa\u53bb\u4e2d\u5fc3\u5316\u8eab\u5206\u5e73\u53f0\" src=\"https:\/\/blockcast.it\/wp-content\/uploads\/2024\/05\/3RFEMLXCKBBDLIJLKRY57RYGYI-750x375.jpg\" data-srcset=\"https:\/\/blockcast.it\/wp-content\/uploads\/2024\/05\/3RFEMLXCKBBDLIJLKRY57RYGYI-750x375.jpg 750w, https:\/\/blockcast.it\/wp-content\/uploads\/2024\/05\/3RFEMLXCKBBDLIJLKRY57RYGYI-360x180.jpg 360w\" data-sizes=\"auto\" data-expand=\"700\" title=\"\u6253\u8138\u300c\u5356\u5e01\u300d\u4f20\u95fb\uff01Strategy \u7838 8.3 \u4ebf\u7f8e\u5143\u3001\u5927\u624b\u7b14\u626b\u8fdb 8,178 \u679a\u6bd4\u7279\u5e01\u63d2\u56fe\" \/><\/div>\n<\/div>\n<div class=\"entry-content no-share\">\n<div class=\"jeg_share_button share-float jeg_sticky_share clearfix share-monocrhome\">\n<div class=\"jeg_share_float_container\"><\/div>\n<\/p><\/div>\n<div class=\"content-inner \">\n<p>\u867d\u7136\u300c\u6bcf\u5468\u4e70\u8fdb\u6bd4\u7279\u5e01\u300d\u5bf9 Strategy \u6765\u8bf4\u5df2\u4e0d\u662f\u65b0\u9c9c\u4e8b\uff0c\u4f46\u52a8\u8f84\u6570\u4ebf\u7f8e\u5143\u7684\u5927\u624b\u7b14\u52a0\u7801\u5df2\u662f\u8bb8\u4e45\u672a\u89c1\u3002\u6839\u636e\u5468\u4e00\u63d0\u4ea4\u7ed9\u7f8e\u56fd\u8bc1\u7ba1\u4f1a\uff08SEC\uff09\u7684 8-K \u6587\u4ef6\uff0c\u8be5\u516c\u53f8\u5728 11 \u6708 10 \u65e5\u81f3 16 \u65e5\u4e4b\u95f4\uff0c\u518d\u5ea6\u51fa\u624b\u4e70\u8fdb 8,178 \u679a\u6bd4\u7279\u5e01\uff0c\u65a5\u8d44\u7ea6 8.356 \u4ebf\u7f8e\u5143\uff0c\u5e73\u5747\u6210\u672c\u4e3a\u6bcf\u679a 102,171 \u7f8e\u5143\u3002<\/p>\n<p>Strategy \u5171\u540c\u521b\u529e\u4eba\u3001\u6267\u884c\u8463\u4e8b\u957f Michael Saylor \u8868\u793a\uff0cStrategy \u76ee\u524d\u6301\u6709\u7684\u6bd4\u7279\u5e01\u5df2\u7d2f\u79ef\u81f3 649,870 \u679a\uff0c\u4ef7\u503c\u7ea6 617 \u4ebf\u7f8e\u5143\uff1b\u81ea 2020 \u5e74\u5f00\u59cb\u6295\u8d44\u6bd4\u7279\u5e01\u4ee5\u6765\uff0c\u7d2f\u8ba1\u6295\u5165\u603b\u6210\u672c\u7ea6 484 \u4ebf\u7f8e\u5143\uff0c\u6298\u5408\u6bcf\u679a\u6bd4\u7279\u5e01\u5e73\u5747\u6210\u672c 74,433 \u7f8e\u5143\u3002<\/p>\n<p>\u4ee5\u76ee\u524d\u5e01\u4ef7\u4f30\u7b97\uff0cStrategy \u5e10\u4e0a\u672a\u5b9e\u73b0\u83b7\u5229\uff08\u6d6e\u76c8\uff09\u63a5\u8fd1 133 \u4ebf\u7f8e\u5143\uff0c\u624b\u4e0a\u7b79\u7801\u7ea6\u5360\u6bd4\u7279\u5e01 2,100 \u4e07\u679a\u603b\u4f9b\u5e94\u91cf\u903e 3% \u3002<\/p>\n<p>Strategy \u8fd9\u6b21\u589e\u6301\u89c4\u6a21\u4e3a\u4eca\u5e74 7 \u6708\u4ee5\u6765\u4e4b\u6700\uff0c\u8d2d\u4e70\u8d44\u91d1\u4e3b\u8981\u6765\u81ea\u6c38\u7eed\u4f18\u5148\u80a1 Strike\uff08STRK\uff09\u3001 Strife\uff08STRF\uff09\u548c Stretch\uff08STRC\uff09\u7684\u9500\u552e\u6536\u76ca\u3002\u6b64\u5916\uff0c\u8fd8\u6709\u53e6\u4e00\u90e8\u5206\u8d44\u91d1\u5219\u6765\u81ea\u516c\u53f8\u9996\u6b21\u53d1\u884c\u7684\u6b27\u5143\u8ba1\u4ef7\u6c38\u7eed\u4f18\u5148\u80a1 STRE\uff0c\u52df\u5f97 6.2 \u4ebf\u6b27\u5143\uff08\u7ea6 7.15 \u4ebf\u7f8e\u5143\uff09\u3002<\/p>\n<p>\u8fd9\u4e9b\u52df\u8d44\u5de5\u5177\u5747\u5c5e\u4e8e Strategy\u300c42\/42\u300d\u7b79\u8d44\u8ba1\u5212\u7684\u4e00\u73af\uff0c\u76ee\u6807\u662f\u5728 2027 \u5e74\u524d\uff0c\u900f\u8fc7\u53d1\u884c\u80a1\u7968\u3001\u53ef\u8f6c\u503a\uff0c\u7b79\u96c6 840 \u4ebf\u7f8e\u5143\u8d44\u91d1\u7528\u4e8e\u8d2d\u4e70\u6bd4\u7279\u5e01\u3002<\/p>\n<p>\u6839\u636e Bitcoin Treasuries \u6570\u636e\uff0c\u76ee\u524d\u5168\u7403\u5df2\u6709 208 \u5bb6\u4e0a\u5e02\u516c\u53f8\u91c7\u7528\u6bd4\u7279\u5e01\u50a8\u5907\u7b56\u7565\uff0c\u800c\u5c3d\u7ba1\u56e4\u5e01\u516c\u53f8\u6570\u91cf\u6301\u7eed\u589e\u52a0\uff0c\u4f46\u8fd9\u4e9b\u516c\u53f8\u7684\u80a1\u4ef7\u8868\u73b0\u5374\u4e0d\u5c3d\u7406\u60f3\uff0c\u539f\u56e0\u662f\u300c\u5e02\u503c\u76f8\u5bf9\u8d44\u4ea7\u51c0\u503c\u6bd4\u7387\uff08mNAV\uff09\u300d\u6025\u907d\u6536\u7f29\u3002<\/p>\n<p>\u4ee5 Strategy \u4e3a\u4f8b\uff0c\u8be5\u516c\u53f8\u80a1\u4ef7\u5df2\u81ea\u9ad8\u70b9\u5d29\u8dcc 56%\uff0c\u66f4\u5173\u952e\u7684\u662f\uff0cmNAV \u76ee\u524d\u5df2\u8dcc\u81f3 0.93 \u5de6\u53f3\u2014\u2014 \u8fd9\u610f\u5473\u8457\uff0cMSTR \u7684\u5e02\u573a\u603b\u4ef7\u503c\uff0c\u5df2\u4f4e\u4e8e\u5176\u6301\u6709\u7684\u6bd4\u7279\u5e01\u73b0\u8d27\u603b\u4ef7\u503c\uff0c\u5e02\u573a\u6b63\u4ee5\u300c\u6298\u4ef7\u300d\u65b9\u5f0f\u4ea4\u6613\u8fd9\u6863\u80a1\u7968\u3002<\/p>\n<p>\u8fd9\u5f15\u53d1\u4e86\u5e02\u573a\u7684\u300c\u8fc7\u5ea6\u6050\u614c\u300d\uff0c\u62c5\u5fe7\u82e5\u5e01\u4ef7\u7ee7\u7eed\u4e0b\u8dcc\uff0cStrategy \u5c06\u88ab\u8feb\u51fa\u552e\u6bd4\u7279\u5e01\u4ee5\u507f\u8fd8\u503a\u52a1\u3002\u4e0d\u8fc7\uff0cBernstein \u5206\u6790\u5e08\u6307\u51fa\uff0c\u8fd9\u79cd\u8bf4\u6cd5\u300c\u5b8c\u5168\u7ad9\u4e0d\u4f4f\u811a\u300d\uff0c\u5e76\u5f3a\u8c03 \uff0cStrategy \u7ba1\u7406\u5c42\u5df2\u518d\u4e09\u8868\u6001\u786e\u5b9a\u300c\u4e0d\u4f1a\u3001\u4e5f\u6ca1\u6709\u6253\u7b97\u51fa\u552e\u4efb\u4f55\u6bd4\u7279\u5e01\u300d\u3002<\/p>\n<p>\u5206\u6790\u5e08\u66f4\u9884\u671f\uff0c\u5728\u8fd9\u6ce2\u4fee\u6b63\u671f\u95f4\uff0cStrategy \u4ecd\u4f1a\u6301\u7eed\u4e70\u8fdb\u6bd4\u7279\u5e01\u3002\u7406\u7531\u5305\u62ec\uff1a<\/p>\n<ul>\n<li>Strategy \u66fe\u5728 2022 \u5e74 mNAV \u4e5f\u8d34\u8fd1 1 \u7684\u72b6\u51b5\u4e0b\u4ecd\u4fdd\u6301\u5145\u8db3\u7b79\u8d44\u80fd\u529b\uff1b<\/li>\n<li>Strategy \u7684\u4f18\u5148\u80a1\u5de5\u5177\u5df2\u6210\u529f\u52df\u5f97 75 \u4ebf\u7f8e\u5143\uff0c\u9700\u6c42\u5f3a\u52b2\uff1b<\/li>\n<li>MSTR \u65e5\u5747\u6210\u4ea4\u91cf\u5df2\u4ece 2022 \u5e74\u5e73\u5747 2 \u4ebf\u7f8e\u5143\u63d0\u5347\u81f3 30 \u4ebf\u7f8e\u5143\u4ee5\u4e0a\uff0c\u6d41\u52a8\u6027\u8fdc\u80dc\u5f53\u65f6\uff1b<\/li>\n<li>\u4ee5 610 \u4ebf\u7f8e\u5143\u4ef7\u503c\u7684\u6bd4\u7279\u5e01\u5bf9\u4e0a 80 \u4ebf\u7f8e\u5143\u8d1f\u503a\u6765\u770b\uff0c\u6760\u6746\u4ecd\u5c5e\u76f8\u5bf9\u4fdd\u5b88\u3002<\/li>\n<\/ul>\n<p>\u4e0a\u5468\u5e02\u573a\u4e00\u5ea6\u6d41\u51fa\u300cStrategy \u5356\u51fa 47,000 \u679a\u6bd4\u7279\u5e01\u300d\u7684\u6d88\u606f\uff0c\u6e90\u5934\u4e3a Walter Bloomberg \u5728 X \u4e0a\u5f15\u7528 Arkham \u7684\u94fe\u4e0a\u76d1\u6d4b\u6570\u636e\u3002\u4e0d\u8fc7\uff0cArkham \u968f\u540e\u6f84\u6e05\uff0c\u90a3\u66f4\u53ef\u80fd\u662f\u6258\u7ba1\u65b9\u7684\u4f8b\u884c\u94b1\u5305\u8c03\u6574\uff0c\u800c\u975e\u629b\u552e\u3002<\/p>\n<p>\u5bf9\u6b64\uff0cMichael Saylor \u4e5f\u5728\u7b2c\u4e00\u65f6\u95f4\u53d1\u6587\u9a73\u65a5\u300c\u8fd9\u4e2a\u8c23\u8a00\u6beb\u65e0\u6839\u636e\u300d\uff0c\u5e76\u5411\u300aCNBC\u300b\u6307\u51fa\uff1a<\/p>\n<blockquote>\n<p><strong>\u6211\u4eec\u6ca1\u6709\u51fa\u552e\u6bd4\u7279\u5e01\uff0c\u53cd\u800c\u662f\u5728\u5927\u91cf\u4e70\u8fdb\u3002\u7b49\u5230\u5468\u4e00\u516c\u5e03\u589e\u6301\u6570\u636e\u65f6\uff0c\u5927\u5bb6\u90fd\u4f1a\u611f\u5230\u610f\u5916\u3002<\/strong><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">There is no truth to this rumor.<\/p>\n<p>&mdash; Michael Saylor (@saylor) November 14, 2025<\/p>\n<\/blockquote>\n<p>Strategy\u00a0 \u80a1\u4ef7\u4e0a\u5468\u4e94\u6536\u8dcc 4.2%\uff0c\u62a5 199.75 \u7f8e\u5143\uff0c\u4e3a\u4e00\u5e74\u591a\u6765\u6700\u4f4e\u6c34\u5e73\uff0c\u5468\u4e00\u76d8\u524d\u56de\u5347\u7ea6 1.6%\uff0c\u4f46\u5e74\u521d\u81f3\u4eca\u5df2\u4e0b\u8dcc 33.4%\uff0c\u800c\u540c\u671f\u6bd4\u7279\u5e01\u4ecd\u5fae\u6da8 2.5% \u3002<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u867d\u7136\u300c\u6bcf\u5468\u4e70\u8fdb\u6bd4\u7279\u5e01\u300d\u5bf9 Strategy \u6765\u8bf4\u5df2\u4e0d\u662f\u65b0\u9c9c\u4e8b\uff0c\u4f46\u52a8\u8f84\u6570\u4ebf\u7f8e\u5143\u7684\u5927\u624b\u7b14\u52a0\u7801\u5df2\u662f\u8bb8\u4e45\u672a\u89c1\u3002\u6839\u636e\u5468\u4e00 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1432,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts\/1431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1431"}],"version-history":[{"count":1,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts\/1431\/revisions"}],"predecessor-version":[{"id":7296,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/posts\/1431\/revisions\/7296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=\/wp\/v2\/media\/1432"}],"wp:attachment":[{"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.manwah.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}