Odaily星球日报讯 来自 Empire 的 Jason Yanowitz 认为，如果没有 MicroStrategy 创始人 Michael Saylor 在去年年底到今年进行的超过 200 亿美元的支出狂潮，比特币的价格会远低于现在。由此，他认为这使我们处于本轮周期的早期。此外，他提到：“我们还没有看到足够的风险投资，它‘非常 PvP’。”他的看法得到了 CMS Holdings 的 Dan Matuszewski 的支持，后者表示：“我的猜测是 2021 年的余波仍然存在。流动性基本上不存在，因此无法实质性推动流动或收集流入，风险投资仍然是替代投资的衡量标准。”（Blockworks）

Odaily星球日报讯 来自 Empire 的 Jason Yanowitz 认为，如果没有 MicroStrategy 创始人 Michael Saylor 在去年年底到今年进行的超过 200 亿美元的支出狂潮，比特币的价格会远低于现在。由此，他认为这使我们处于本轮周期的早期。此外，他提到：“我们还没有看到足够的风险投资，它‘非常 PvP’。”他的看法得到了 CMS Holdings 的 Dan Matuszewski 的支持，后者表示：“我的猜测是 2021 年的余波仍然存在。流动性基本上不存在，因此无法实质性推动流动或收集流入，风险投资仍然是替代投资的衡量标准。”（Blockworks）

行业人士：微策略的买入支撑了比特币价格，本轮周期尚处早期

Odaily reports that Jason Yanowitz from Empire believes that if it weren't for the over $20 billion spending spree by MicroStrategy founder Michael Saylor at the end of last year and this year, the price of Bitcoin would be much lower than it is now. He believes this puts us in the early stages of this cycle. Additionally, he mentioned: "We haven't seen enough venture capital, it's 'very PvP'." His view is supported by Dan Matuszewski of CMS Holdings, who stated: "My guess is the hangover from 2021 still exists. Liquidity is basically non-existent, so there's no real ability to drive flow or collect inflows, and venture capital is still the benchmark for alternative investments." (Blockworks)

Odaily reports that Jason Yanowitz from Empire believes that if it weren't for MicroStrategy founder Michael Saylor's over $20 billion spending spree from late last year to this year, the price of Bitcoin would be much lower than it is now. He believes this puts us in the early stages of this cycle. Additionally, he mentioned: "We haven't seen enough venture capital, it's 'very PvP'." His view is supported by Dan Matuszewski of CMS Holdings, who stated: "My guess is the hangover from 2021 still exists. Liquidity is basically non-existent, so there's no real ability to drive flow or collect inflows, and venture capital is still the benchmark for alternative investments." (Blockworks)

Industry insiders: MicroStrategy's purchases have supported Bitcoin prices, and this cycle is still in its early stages

Michael Saylor's company has not launched any popular products or services. What he and MicroStrategy have done is to issue new stocks and bonds at an unprecedented pace in the company's history, and then invest all the funds in <CRO>, vowing to do so repeatedly.

Over the past year, MicroStrategy's stock price has risen by about 690%. The 59-year-old executive chairman owns about 10% of the company's shares, worth about $9.7 billion, and he also personally owns about $1.9 billion worth of <CRO>.

Saylor has...

WSJ: He made billions of dollars by gambling on Bitcoin

Here is the English translation, with <> elements retained as is:

Trump back at the helm, the political direction and economic policies are reshaping the global capital landscape at a startling pace. Against this backdrop, Strategy (formerly known as MicroStrategy, hereinafter referred to as Strategy) - a publicly traded company known for its massive Bitcoin purchases, has suddenly announced a pause on new Bitcoin acquisitions. And in the financial report conference call last night, Strategy set a target of $10 billion in annual "Bitcoin dollar earnings" by 2025. Assuming that the funds for Strategy's Bitcoin purchases are entirely sourced from <financing>, the company's <leverage ratio> will reach <x> by 2025.

Now that Trump has taken office, why doesn’t MicroStrategy stop “buying, buying, buying”?

Here is the English translation:

Author: Nancy, PANews

Shortly after Gary Gensler's departure, the US SEC under the new administration has shown a more friendly attitude towards cryptocurrencies, with its new cryptocurrency working group even stating that it will clarify the approval rules for cryptocurrency ETFs. In recent times, more and more institutions have joined the queue to apply for cryptocurrency ETFs, and the spot ETF applications for SOL, LTC and XRP have seen significant new progress.

[Overview of new progress in multiple cryptocurrency spot ETFs: SEC review accelerates, SOL and LTC application progress leading]

According to PANews, S...