{"id":15172,"date":"2025-11-11T10:00:56","date_gmt":"2025-11-11T03:00:56","guid":{"rendered":"https:\/\/huanqiuribao.com\/?p=15172"},"modified":"2025-11-11T10:01:13","modified_gmt":"2025-11-11T03:01:13","slug":"%e4%bb%8a%e5%b9%b4%e6%9c%80%e7%83%ad%e9%97%a8%e7%9a%84%e5%8a%a0%e5%af%86%e8%b4%a7%e5%b8%81%e4%ba%a4%e6%98%93%e9%81%ad%e9%81%87%e9%87%8d%e5%88%9b","status":"publish","type":"post","link":"https:\/\/huanqiuribao.com\/?p=15172","title":{"rendered":"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b"},"content":{"rendered":"<p style=\"text-align: center;\"><em>MicroStrategy\u7684\u8054\u5408\u521b\u59cb\u4eba\u8fc8\u514b\u5c14\u30fb\u585e\u52d2\uff0c\u8be5\u516c\u53f8\u73b0\u540d\u4e3aStrategy\u3002\u56fe\u7247\u6765\u6e90\uff1aRoger Kisby for WSJ<\/em><\/p>\n<p>\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u5df2\u7ecf\u964d\u6e29\u3002\u4e00\u4e9b\u6295\u8d44\u8005\u8bf4\u201c\u65e9\u544a\u8bc9\u4f60\u4f1a\u8fd9\u6837\u201d\uff0c\u800c\u53e6\u4e00\u4e9b\u4eba\u8fd8\u5728\u8fdb\u4e00\u6b65\u52a0\u7801\u3002<\/p>\n<p>\u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\uff0c\u6700\u6d41\u884c\u7684\u505a\u6cd5\u662f\uff1a\u5356\u51fa\u80a1\u7968\u6216\u501f\u5165\u8d44\u91d1\uff0c\u7136\u540e\u5c06\u73b0\u91d1\u6295\u5165\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u5e01\u548c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u3002\u6295\u8d44\u8005\u63a8\u9ad8\u4e86\u8fd9\u4e9b\u201c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u201d\u516c\u53f8\u7684\u80a1\u4ef7\uff0c\u5c06\u5b83\u4eec\u89c6\u4e3a\u4e00\u79cd\u9014\u5f84\uff0c\u5927\u529b\u62bc\u6ce8\u52a8\u8361\u7684\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u3002<\/p>\n<p>\u8fc8\u514b\u5c14\u30fb\u585e\u52d2(Michael Saylor)\u57282020\u5e74\u5f00\u521b\u4e86\u8fd9\u4e00\u505a\u6cd5\uff0c\u5f53\u65f6\u4ed6\u5c06\u4e00\u5bb6\u540d\u4e3aMicroStrategy\u7684\u5c0f\u578b\u8f6f\u4ef6\u516c\u53f8\u8f6c\u578b\u4e3a\u6bd4\u7279\u5e01\u5de8\u9cb8\uff0c\u5373\u73b0\u5728\u7684Strategy\u3002\u4f46\u968f\u7740\u5f53\u524d\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u5e01\u4ef7\u683c\u91cd\u632b\uff0cStrategy\u53ca\u5176\u6a21\u4eff\u8005\u7684\u80a1\u4ef7\u4e5f\u5728\u4e0b\u8dcc\u3002Strategy\u7684\u5e02\u503c\u57287\u6708\u4efd\u8fbe\u5230\u7ea61,280\u4ebf\u7f8e\u5143\u7684\u5cf0\u503c\uff1b\u73b0\u5728\u5e02\u503c\u7ea6\u4e3a700\u4ebf\u7f8e\u5143\u3002<\/p>\n<p>\u8fd9\u6b21\u629b\u552e\u51b2\u51fb\u4e86\u5305\u62ec\u8457\u540d\u98ce\u9669\u8d44\u672c\u5bb6\u5f7c\u5f97\u30fb\u8482\u5c14(Peter Thiel)\u5728\u5185\u7684\u77e5\u540d\u6295\u8d44\u8005\uff0c\u8482\u5c14\u652f\u6301\u4e86\u591a\u5bb6\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u90a3\u4e9b\u8ddf\u968f\u5927\u529b\u5ba3\u626c\u52a0\u5bc6\u8d27\u5e01\u7684\u201c\u5e03\u9053\u8005\u201d\u4e70\u5165\u8fd9\u4e9b\u80a1\u7968\u7684\u6563\u6237\u6295\u8d44\u8005\u4e5f\u53d7\u5230\u4e86\u51b2\u51fb\u3002<\/p>\n<p>\u585e\u52d2\u4ecd\u4e00\u5982\u65e2\u5f80\u5730\u770b\u597d\u52a0\u5bc6\u8d27\u5e01\uff0c\u5728\u793e\u4ea4\u5a92\u4f53\u4e0a\u5ba3\u79f0\u6bd4\u7279\u5e01\u6b63\u5728\u6253\u6298\u51fa\u552e\u3002\u9274\u4e8e\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u7684\u4f30\u503c\u901a\u5e38\u8f83\u5176\u6240\u6301\u4ee3\u5e01\u7684\u6807\u7684\u4ef7\u503c\u5b58\u5728\u6ea2\u4ef7\uff0c\u6000\u7591\u8bba\u8005\u4e00\u76f4\u5728\u9884\u671f\u4f1a\u51fa\u73b0\u56de\u8c03\u3002<\/p>\n<p>Spectra Markets\u603b\u88c1\u5e03\u4f26\u7279\u30fb\u5510\u7eb3\u5229(Brent Donnelly)\u8bf4\uff1a\u201c\u6574\u4e2a\u6982\u5ff5\u5bf9\u6211\u6765\u8bf4\u6beb\u65e0\u610f\u4e49\u3002\u4f60\u53ea\u662f\u5728\u75282\u7f8e\u5143\u4e70\u4e00\u5f201\u7f8e\u5143\u7684\u77ed\u671f\u56fd\u503a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6700\u7ec8\u8fd9\u4e9b\u6ea2\u4ef7\u4f1a\u538b\u7f29\u3002\u201d<\/p>\n<p>\u5f53\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u9996\u6b21\u51fa\u73b0\u65f6\uff0c\u5b83\u4eec\u4e5f\u4e3a\u4ee5\u524d\u65e0\u6cd5\u8f7b\u6613\u83b7\u5f97\u52a0\u5bc6\u8d27\u5e01\u6295\u8d44\u6e20\u9053\u7684\u673a\u6784\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u4e00\u79cd\u6295\u8d44\u65b9\u5f0f\u3002\u8fc7\u53bb\u4e24\u5e74\u9762\u4e16\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1(ETF)\u73b0\u5728\u63d0\u4f9b\u4e86\u540c\u6837\u7684\u89e3\u51b3\u65b9\u6848\u3002<\/p>\n<p>BitMine Immersion Technologies\u662f\u8482\u5c14\u652f\u6301\u7684\u4e00\u5bb6\u5927\u578b\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u7531\u534e\u5c14\u8857\u8d44\u6df1\u7b56\u7565\u5e08\u6c64\u59c6\u30fb\u674e(Tom Lee)\u8fd0\u8425\uff0c\u5176\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8630%\u4ee5\u4e0a\u3002<\/p>\n<p>ETHZilla\u4ece\u4e00\u5bb6\u751f\u7269\u6280\u672f\u516c\u53f8\u8f6c\u578b\u4e3a\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u8482\u5c14\u4e5f\u662f\u5176\u6295\u8d44\u8005\u4e4b\u4e00\uff0c\u5176\u80a1\u4ef7\u5728\u4e00\u4e2a\u6708\u5185\u4e0b\u8dcc\u4e8623%\u3002<\/p>\n<p>\u5728\u5bf9\u52a0\u5bc6\u8d27\u5e01\u53cb\u597d\u7684\u5ddd\u666e\u653f\u5e9c\u7684\u63a8\u52a8\u4e0b\uff0c\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\u90fd\u5728\u4e0a\u6da8\u3002\u56f4\u7ed5\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u7684\u72c2\u70ed\u8fdb\u4e00\u6b65\u63a8\u9ad8\u4e86\u4ee3\u5e01\u4ef7\u683c\u3002\u4f46\u725b\u5e02\u572810\u670810\u65e5\u621b\u7136\u800c\u6b62\uff0c\u5f53\u65f6\u7f8e\u56fd\u603b\u7edf\u5ddd\u666e\u51fa\u4eba\u610f\u6599\u5730\u5ba3\u5e03\u5bf9\u4e2d\u56fd\u52a0\u5f81\u5173\u7a0e\uff0c\u5f15\u53d1\u4e86\u629b\u552e\u3002\u521b\u7eaa\u5f55\u65f6\u957f\u7684\u653f\u5e9c\u505c\u6446\u548c\u56f4\u7ed5\u7f8e\u8054\u50a8\u8d27\u5e01\u653f\u7b56\u7684\u4e0d\u786e\u5b9a\u6027\u4e5f\u5bf9\u4ef7\u683c\u6784\u6210\u4e86\u538b\u529b\u3002<\/p>\n<p>\u6bd4\u7279\u5e01\u4ef7\u683c\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8615%\u3002\u540c\u671fStrategy\u4e0b\u8dcc\u4e8626%\uff0c\u800c\u9a6c\u4fee\u30fb\u5854\u7279\u5c14(Matthew Tuttle)\u7684\u76f8\u5173ETF(MSTU)\u4e0b\u8dcc\u4e8650%\uff0c\u8be5ETF\u7684\u76ee\u6807\u662f\u5b9e\u73b0Strategy\u4e24\u500d\u7684\u56de\u62a5\u3002<\/p>\n<p>\u5854\u7279\u5c14\u8bf4\uff1a\u201c\u6570\u5b57\u8d44\u4ea7\u50a8\u5907\u516c\u53f8\u57fa\u672c\u4e0a\u662f\u52a0\u4e86\u6760\u6746\u7684\u52a0\u5bc6\u8d44\u4ea7\uff0c\u6240\u4ee5\u5f53\u52a0\u5bc6\u8d27\u5e01\u4e0b\u8dcc\u65f6\uff0c\u5b83\u4eec\u4f1a\u8dcc\u5f97\u66f4\u591a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6bd4\u7279\u5e01\u5df2\u7ecf\u8868\u660e\u5b83\u4e0d\u4f1a\u6d88\u5931\uff0c\u800c\u4e14\u9022\u4f4e\u4e70\u5165\u4f1a\u5f97\u5230\u56de\u62a5\u3002\u201d<\/p>\n<p>\u5728\u8fd9\u4e9b\u80a1\u7968\u66b4\u8dcc\u540e\uff0c\u81f3\u5c11\u6709\u4e00\u4f4d\u77e5\u540d\u6295\u8d44\u8005\u6b63\u5728\u8c03\u6574\u6295\u8d44\u7ec4\u5408\u3002\u5409\u59c6\u30fb\u67e5\u8bfa\u65af(Jim Chanos)\u57282023\u5e74\u5173\u95ed\u4e86\u4ed6\u7684\u5bf9\u51b2\u57fa\u91d1\uff0c\u4f46\u4ecd\u4f7f\u7528\u81ea\u6709\u8d44\u91d1\u4ea4\u6613\u5e76\u4e3a\u5ba2\u6237\u63d0\u4f9b\u54a8\u8be2\uff0c\u4ed6\u4e00\u76f4\u5728\u505a\u7a7aStrategy\u5e76\u4e70\u5165\u6bd4\u7279\u5e01\uff0c\u8ba4\u4e3a\u6295\u8d44\u8005\u4e3a\u585e\u52d2\u7684\u516c\u53f8\u652f\u4ed8\u9ad8\u4ef7\u6ca1\u4ec0\u4e48\u9053\u7406\uff0c\u56e0\u4e3a\u4ed6\u4eec\u53ef\u4ee5\u81ea\u5df1\u8d2d\u4e70\u6bd4\u7279\u5e01\u3002\u4e0a\u5468\u4e94\uff0c\u4ed6\u544a\u8bc9\u5ba2\u6237\u662f\u65f6\u5019\u5c06\u8be5\u4ea4\u6613\u5e73\u4ed3\u4e86\u3002<\/p>\n<p>\u4ed6\u5728\u5468\u65e5\u7684\u4e00\u6b21\u91c7\u8bbf\u4e2d\u8bf4\uff0c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u80a1\u4ecd\u7136\u88ab\u9ad8\u4f30\uff0c\u90e8\u5206\u539f\u56e0\u662f\u5176\u4ef7\u503c\u9ad8\u4e8e\u8fd9\u4e9b\u516c\u53f8\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\uff0c\u4f46\u6ea2\u4ef7\u6c34\u5e73\u5df2\u4e0d\u518d\u9ad8\u5f97\u79bb\u8c31\u3002\u4ed6\u5199\u4fe1\u7ed9\u5ba2\u6237\u8bf4\uff1a\u201c\u8fd9\u4e00\u6295\u8d44\u903b\u8f91\u5df2\u57fa\u672c\u5151\u73b0\u3002\u201d<\/p>\n<p>\u53ea\u8981\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\u4ecd\u6709\u4ef7\u503c\uff0c\u8bb8\u591a\u4e3a\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\u800c\u7b79\u96c6\u73b0\u91d1\u7684\u516c\u53f8\u5c31\u4e0d\u592a\u53ef\u80fd\u9762\u4e34\u77ed\u671f\u5371\u673a\u3002\u4e00\u4e9b\u516c\u53f8\u7b79\u96c6\u4e86\u5927\u91cf\u8d44\u91d1\uff0c\u73b0\u5728\u4ecd\u7136\u5750\u62e5\u4e30\u88d5\u7684\u73b0\u91d1\uff0c\u53ef\u4ee5\u7528\u6765\u4ee5\u66f4\u4f4e\u7684\u4ef7\u683c\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\uff0c\u751a\u81f3\u6536\u8d2d\u7ade\u4e89\u5bf9\u624b\u3002<\/p>\n<p>\u4f46\u5206\u6790\u5e08\u8868\u793a\uff0c\u9762\u4e34\u80a1\u4ef7\u4e0b\u632b\u7684\u516c\u53f8\u5c06\u53d1\u73b0\u5f88\u96be\u901a\u8fc7\u51fa\u552e\u65b0\u80a1\u7b79\u96c6\u8d44\u91d1\u6765\u8d2d\u4e70\u66f4\u591a\u52a0\u5bc6\u8d27\u5e01\uff0c\u8fd9\u53ef\u80fd\u4f1a\u7ed9\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5e26\u6765\u538b\u529b\uff0c\u540c\u65f6\u4e5f\u5f15\u53d1\u5bf9\u8fd9\u4e9b\u516c\u53f8\u5546\u4e1a\u6a21\u5f0f\u7684\u8d28\u7591\u3002<\/p>\n<p>\u6bd4\u7279\u5e01\u50a8\u5907\u516c\u53f8Strive\u7684\u9996\u5e2d\u6267\u884c\u5b98\u9a6c\u7279\u30fb\u79d1\u5c14(Matt Cole)\u8bf4\uff1a\u201c\u5b83\u4eec\u4e2d\u5f88\u591a\u90fd\u9677\u5165\u4e86\u56f0\u5883\u3002\u201dStrive\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u7b79\u96c6\u8d44\u91d1\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u5e73\u5747\u4ef7\u683c\u6bd4\u5f53\u524d\u6c34\u5e73\u9ad8\u51fa10%\u4ee5\u4e0a\u3002<\/p>\n<p>Strive\u7684\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u91cd\u632b28%\u3002\u4ed6\u8bf4\uff0cStrive\u5177\u5907\u201c\u5b89\u7136\u5ea6\u8fc7\u6ce2\u52a8\u201d\u7684\u6709\u5229\u6761\u4ef6\uff0c\u56e0\u4e3a\u5b83\u6700\u8fd1\u901a\u8fc7\u4f18\u5148\u80a1\u800c\u4e0d\u662f\u503a\u52a1\u7b79\u96c6\u4e86\u8d44\u91d1\u3002<\/p>\n<p>\u5728BitMine\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u5f00\u59cb\u56e4\u79ef\u4ee5\u592a\u5e01\u65f6\uff0c\u897f\u96c5\u56fe29\u5c81\u7684\u6295\u8d44\u8005\u79d1\u5c14\u30fb\u683c\u6797\u5fb7(Cole Grinde)\u4ee5\u6bcf\u80a1\u7ea645\u7f8e\u5143\u7684\u4ef7\u683c\u8d2d\u4e70\u4e86\u4ef7\u503c\u7ea610\u4e07\u7f8e\u5143\u7684BitMine\u80a1\u7968\u3002\u5230\u76ee\u524d\u4e3a\u6b62\uff0c\u4ed6\u5728\u8fd9\u9879\u6295\u8d44\u4e0a\u635f\u5931\u4e86\u7ea61\u4e07\u7f8e\u5143\u3002<\/p>\n<p>\u5c3d\u7ba1\u5982\u6b64\uff0c\u8eab\u4e3a\u996e\u6599\u884c\u4e1a\u9500\u552e\u5458\u7684\u683c\u6797\u5fb7\u8bf4\uff0c\u4ed6\u6b63\u5728\u589e\u52a0\u6301\u80a1\u3002\u4ed6\u51fa\u552eBitMine\u671f\u6743\u4ee5\u5e2e\u52a9\u62b5\u6d88\u635f\u5931\u3002\u4ed6\u8868\u793a\uff0c\u4ed6\u5bf9\u8be5\u516c\u53f8\u7684\u4fe1\u5fc3\u6e90\u4e8e\u53d1\u884c\u4ee5\u592a\u5e01\u7684\u4ee5\u592a\u574a(Ethereum)\u533a\u5757\u94fe\u65e5\u76ca\u666e\u53ca\uff0c\u4ee5\u53ca\u674e\u7684\u5f71\u54cd\u529b\u3002<\/p>\n<p>\u4ed6\u8c08\u5230\u674e\u65f6\u8bf4\uff1a\u201c\u6211\u8ba4\u4e3a\u4ed6\u7684\u4eba\u8109\u548c\u4ed6\u7684\u4e2a\u4eba\u9b45\u529b\u66fe\u5e2e\u52a9\u8be5\u80a1\u81ea\u4ed6\u63a5\u624b\u4ee5\u6765\u4e00\u8def\u98d9\u5347\u3002\u201d\u674e\u66fe\u5728\u6469\u6839\u5927\u901a(JPMorgan Chase)\u5de5\u4f5c15\u5e74\uff0c\u662fFundstrat Global Advisors\u7684\u6267\u884c\u5408\u4f19\u4eba\uff0c\u8fd8\u7ecf\u5e38\u62c5\u4efb\u5546\u4e1a\u7535\u89c6\u8282\u76ee\u7684\u8bc4\u8bba\u5458\u3002\uff08\u534e\u5c14\u8857\u65e5\u62a5 \uff09<\/p>\n<p>&nbsp;<\/p>\n<p>\u514d\u8d23\u58f0\u660e\uff1a\u7b2c\u4e09\u65b9\u65b0\u95fb\uff08\u6216\u56fe\u7247\uff09\u4e3a\u5206\u4eab\/\u63f4\u5f15\/\u50a8\u5b58\u4fe1\u606f\uff0c\u5176\u5185\u5bb9\u5e76\u4e0d\u4ee3\u8868\u672c\u62a5\/\u672c\u7f51\u7acb\u573a\uff0c\u5982\u6709\u9519\u8bef\u6216\u76f8\u5173\u4fb5\u6743\u8bf7\u8054\u7cfb\u6211\u4eec\u5220\u9664\uff0c\u8c22\u8c22\uff01<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy\u7684\u8054\u5408\u521b\u59cb\u4eba\u8fc8\u514b\u5c14\u30fb\u585e\u52d2\uff0c\u8be5\u516c\u53f8\u73b0\u540d\u4e3aStrategy\u3002\u56fe\u7247\u6765\u6e90\uff1aRoger Kisby for WSJ \u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u5df2\u7ecf\u964d\u6e29\u3002\u4e00\u4e9b\u6295\u8d44\u8005\u8bf4\u201c\u65e9\u544a\u8bc9\u4f60\u4f1a\u8fd9\u6837\u201d\uff0c\u800c\u53e6\u4e00\u4e9b\u4eba\u8fd8\u5728\u8fdb\u4e00\u6b65\u52a0\u7801\u3002 \u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\uff0c\u6700\u6d41\u884c\u7684\u505a\u6cd5\u662f\uff1a\u5356\u51fa\u80a1\u7968\u6216\u501f\u5165\u8d44\u91d1\uff0c\u7136\u540e\u5c06\u73b0\u91d1\u6295\u5165\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u5e01\u548c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u3002\u6295\u8d44\u8005\u63a8\u9ad8\u4e86\u8fd9\u4e9b\u201c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u201d\u516c\u53f8\u7684\u80a1\u4ef7\uff0c\u5c06\u5b83\u4eec\u89c6\u4e3a\u4e00\u79cd\u9014\u5f84\uff0c\u5927\u529b\u62bc\u6ce8\u52a8\u8361\u7684\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u3002 \u8fc8\u514b\u5c14\u30fb\u585e\u52d2(Michael Saylor)\u57282020\u5e74\u5f00\u521b\u4e86\u8fd9\u4e00\u505a\u6cd5\uff0c\u5f53\u65f6\u4ed6\u5c06\u4e00\u5bb6\u540d\u4e3aMicroStrategy\u7684\u5c0f\u578b\u8f6f\u4ef6\u516c\u53f8\u8f6c\u578b\u4e3a\u6bd4\u7279\u5e01\u5de8\u9cb8\uff0c\u5373\u73b0\u5728\u7684Strategy\u3002\u4f46\u968f\u7740\u5f53\u524d\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u5e01\u4ef7\u683c\u91cd\u632b\uff0cStrategy\u53ca\u5176\u6a21\u4eff\u8005\u7684\u80a1\u4ef7\u4e5f\u5728\u4e0b\u8dcc\u3002Strategy\u7684\u5e02\u503c\u57287\u6708\u4efd\u8fbe\u5230\u7ea61,280\u4ebf\u7f8e\u5143\u7684\u5cf0\u503c\uff1b\u73b0\u5728\u5e02\u503c\u7ea6\u4e3a700\u4ebf\u7f8e\u5143\u3002 \u8fd9\u6b21\u629b\u552e\u51b2\u51fb\u4e86\u5305\u62ec\u8457\u540d\u98ce\u9669\u8d44\u672c\u5bb6\u5f7c\u5f97\u30fb\u8482\u5c14(Peter Thiel)\u5728\u5185\u7684\u77e5\u540d\u6295\u8d44\u8005\uff0c\u8482\u5c14\u652f\u6301\u4e86\u591a\u5bb6\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u90a3\u4e9b\u8ddf\u968f\u5927\u529b\u5ba3\u626c\u52a0\u5bc6\u8d27\u5e01\u7684\u201c\u5e03\u9053\u8005\u201d\u4e70\u5165\u8fd9\u4e9b\u80a1\u7968\u7684\u6563\u6237\u6295\u8d44\u8005\u4e5f\u53d7\u5230\u4e86\u51b2\u51fb\u3002 \u585e\u52d2\u4ecd\u4e00\u5982\u65e2\u5f80\u5730\u770b\u597d\u52a0\u5bc6\u8d27\u5e01\uff0c\u5728\u793e\u4ea4\u5a92\u4f53\u4e0a\u5ba3\u79f0\u6bd4\u7279\u5e01\u6b63\u5728\u6253\u6298\u51fa\u552e\u3002\u9274\u4e8e\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u7684\u4f30\u503c\u901a\u5e38\u8f83\u5176\u6240\u6301\u4ee3\u5e01\u7684\u6807\u7684\u4ef7\u503c\u5b58\u5728\u6ea2\u4ef7\uff0c\u6000\u7591\u8bba\u8005\u4e00\u76f4\u5728\u9884\u671f\u4f1a\u51fa\u73b0\u56de\u8c03\u3002 Spectra Markets\u603b\u88c1\u5e03\u4f26\u7279\u30fb\u5510\u7eb3\u5229(Brent Donnelly)\u8bf4\uff1a\u201c\u6574\u4e2a\u6982\u5ff5\u5bf9\u6211\u6765\u8bf4\u6beb\u65e0\u610f\u4e49\u3002\u4f60\u53ea\u662f\u5728\u75282\u7f8e\u5143\u4e70\u4e00\u5f201\u7f8e\u5143\u7684\u77ed\u671f\u56fd\u503a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6700\u7ec8\u8fd9\u4e9b\u6ea2\u4ef7\u4f1a\u538b\u7f29\u3002\u201d \u5f53\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u9996\u6b21\u51fa\u73b0\u65f6\uff0c\u5b83\u4eec\u4e5f\u4e3a\u4ee5\u524d\u65e0\u6cd5\u8f7b\u6613\u83b7\u5f97\u52a0\u5bc6\u8d27\u5e01\u6295\u8d44\u6e20\u9053\u7684\u673a\u6784\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u4e00\u79cd\u6295\u8d44\u65b9\u5f0f\u3002\u8fc7\u53bb\u4e24\u5e74\u9762\u4e16\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1(ETF)\u73b0\u5728\u63d0\u4f9b\u4e86\u540c\u6837\u7684\u89e3\u51b3\u65b9\u6848\u3002 BitMine Immersion Technologies\u662f\u8482\u5c14\u652f\u6301\u7684\u4e00\u5bb6\u5927\u578b\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u7531\u534e\u5c14\u8857\u8d44\u6df1\u7b56\u7565\u5e08\u6c64\u59c6\u30fb\u674e(Tom Lee)\u8fd0\u8425\uff0c\u5176\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8630%\u4ee5\u4e0a\u3002 ETHZilla\u4ece\u4e00\u5bb6\u751f\u7269\u6280\u672f\u516c\u53f8\u8f6c\u578b\u4e3a\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u8482\u5c14\u4e5f\u662f\u5176\u6295\u8d44\u8005\u4e4b\u4e00\uff0c\u5176\u80a1\u4ef7\u5728\u4e00\u4e2a\u6708\u5185\u4e0b\u8dcc\u4e8623%\u3002 \u5728\u5bf9\u52a0\u5bc6\u8d27\u5e01\u53cb\u597d\u7684\u5ddd\u666e\u653f\u5e9c\u7684\u63a8\u52a8\u4e0b\uff0c\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\u90fd\u5728\u4e0a\u6da8\u3002\u56f4\u7ed5\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u7684\u72c2\u70ed\u8fdb\u4e00\u6b65\u63a8\u9ad8\u4e86\u4ee3\u5e01\u4ef7\u683c\u3002\u4f46\u725b\u5e02\u572810\u670810\u65e5\u621b\u7136\u800c\u6b62\uff0c\u5f53\u65f6\u7f8e\u56fd\u603b\u7edf\u5ddd\u666e\u51fa\u4eba\u610f\u6599\u5730\u5ba3\u5e03\u5bf9\u4e2d\u56fd\u52a0\u5f81\u5173\u7a0e\uff0c\u5f15\u53d1\u4e86\u629b\u552e\u3002\u521b\u7eaa\u5f55\u65f6\u957f\u7684\u653f\u5e9c\u505c\u6446\u548c\u56f4\u7ed5\u7f8e\u8054\u50a8\u8d27\u5e01\u653f\u7b56\u7684\u4e0d\u786e\u5b9a\u6027\u4e5f\u5bf9\u4ef7\u683c\u6784\u6210\u4e86\u538b\u529b\u3002 \u6bd4\u7279\u5e01\u4ef7\u683c\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8615%\u3002\u540c\u671fStrategy\u4e0b\u8dcc\u4e8626%\uff0c\u800c\u9a6c\u4fee\u30fb\u5854\u7279\u5c14(Matthew Tuttle)\u7684\u76f8\u5173ETF(MSTU)\u4e0b\u8dcc\u4e8650%\uff0c\u8be5ETF\u7684\u76ee\u6807\u662f\u5b9e\u73b0Strategy\u4e24\u500d\u7684\u56de\u62a5\u3002 \u5854\u7279\u5c14\u8bf4\uff1a\u201c\u6570\u5b57\u8d44\u4ea7\u50a8\u5907\u516c\u53f8\u57fa\u672c\u4e0a\u662f\u52a0\u4e86\u6760\u6746\u7684\u52a0\u5bc6\u8d44\u4ea7\uff0c\u6240\u4ee5\u5f53\u52a0\u5bc6\u8d27\u5e01\u4e0b\u8dcc\u65f6\uff0c\u5b83\u4eec\u4f1a\u8dcc\u5f97\u66f4\u591a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6bd4\u7279\u5e01\u5df2\u7ecf\u8868\u660e\u5b83\u4e0d\u4f1a\u6d88\u5931\uff0c\u800c\u4e14\u9022\u4f4e\u4e70\u5165\u4f1a\u5f97\u5230\u56de\u62a5\u3002\u201d \u5728\u8fd9\u4e9b\u80a1\u7968\u66b4\u8dcc\u540e\uff0c\u81f3\u5c11\u6709\u4e00\u4f4d\u77e5\u540d\u6295\u8d44\u8005\u6b63\u5728\u8c03\u6574\u6295\u8d44\u7ec4\u5408\u3002\u5409\u59c6\u30fb\u67e5\u8bfa\u65af(Jim Chanos)\u57282023\u5e74\u5173\u95ed\u4e86\u4ed6\u7684\u5bf9\u51b2\u57fa\u91d1\uff0c\u4f46\u4ecd\u4f7f\u7528\u81ea\u6709\u8d44\u91d1\u4ea4\u6613\u5e76\u4e3a\u5ba2\u6237\u63d0\u4f9b\u54a8\u8be2\uff0c\u4ed6\u4e00\u76f4\u5728\u505a\u7a7aStrategy\u5e76\u4e70\u5165\u6bd4\u7279\u5e01\uff0c\u8ba4\u4e3a\u6295\u8d44\u8005\u4e3a\u585e\u52d2\u7684\u516c\u53f8\u652f\u4ed8\u9ad8\u4ef7\u6ca1\u4ec0\u4e48\u9053\u7406\uff0c\u56e0\u4e3a\u4ed6\u4eec\u53ef\u4ee5\u81ea\u5df1\u8d2d\u4e70\u6bd4\u7279\u5e01\u3002\u4e0a\u5468\u4e94\uff0c\u4ed6\u544a\u8bc9\u5ba2\u6237\u662f\u65f6\u5019\u5c06\u8be5\u4ea4\u6613\u5e73\u4ed3\u4e86\u3002 \u4ed6\u5728\u5468\u65e5\u7684\u4e00\u6b21\u91c7\u8bbf\u4e2d\u8bf4\uff0c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u80a1\u4ecd\u7136\u88ab\u9ad8\u4f30\uff0c\u90e8\u5206\u539f\u56e0\u662f\u5176\u4ef7\u503c\u9ad8\u4e8e\u8fd9\u4e9b\u516c\u53f8\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\uff0c\u4f46\u6ea2\u4ef7\u6c34\u5e73\u5df2\u4e0d\u518d\u9ad8\u5f97\u79bb\u8c31\u3002\u4ed6\u5199\u4fe1\u7ed9\u5ba2\u6237\u8bf4\uff1a\u201c\u8fd9\u4e00\u6295\u8d44\u903b\u8f91\u5df2\u57fa\u672c\u5151\u73b0\u3002\u201d \u53ea\u8981\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\u4ecd\u6709\u4ef7\u503c\uff0c\u8bb8\u591a\u4e3a\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\u800c\u7b79\u96c6\u73b0\u91d1\u7684\u516c\u53f8\u5c31\u4e0d\u592a\u53ef\u80fd\u9762\u4e34\u77ed\u671f\u5371\u673a\u3002\u4e00\u4e9b\u516c\u53f8\u7b79\u96c6\u4e86\u5927\u91cf\u8d44\u91d1\uff0c\u73b0\u5728\u4ecd\u7136\u5750\u62e5\u4e30\u88d5\u7684\u73b0\u91d1\uff0c\u53ef\u4ee5\u7528\u6765\u4ee5\u66f4\u4f4e\u7684\u4ef7\u683c\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\uff0c\u751a\u81f3\u6536\u8d2d\u7ade\u4e89\u5bf9\u624b\u3002 \u4f46\u5206\u6790\u5e08\u8868\u793a\uff0c\u9762\u4e34\u80a1\u4ef7\u4e0b\u632b\u7684\u516c\u53f8\u5c06\u53d1\u73b0\u5f88\u96be\u901a\u8fc7\u51fa\u552e\u65b0\u80a1\u7b79\u96c6\u8d44\u91d1\u6765\u8d2d\u4e70\u66f4\u591a\u52a0\u5bc6\u8d27\u5e01\uff0c\u8fd9\u53ef\u80fd\u4f1a\u7ed9\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5e26\u6765\u538b\u529b\uff0c\u540c\u65f6\u4e5f\u5f15\u53d1\u5bf9\u8fd9\u4e9b\u516c\u53f8\u5546\u4e1a\u6a21\u5f0f\u7684\u8d28\u7591\u3002 \u6bd4\u7279\u5e01\u50a8\u5907\u516c\u53f8Strive\u7684\u9996\u5e2d\u6267\u884c\u5b98\u9a6c\u7279\u30fb\u79d1\u5c14(Matt Cole)\u8bf4\uff1a\u201c\u5b83\u4eec\u4e2d\u5f88\u591a\u90fd\u9677\u5165\u4e86\u56f0\u5883\u3002\u201dStrive\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u7b79\u96c6\u8d44\u91d1\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u5e73\u5747\u4ef7\u683c\u6bd4\u5f53\u524d\u6c34\u5e73\u9ad8\u51fa10%\u4ee5\u4e0a\u3002 Strive\u7684\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u91cd\u632b28%\u3002\u4ed6\u8bf4\uff0cStrive\u5177\u5907\u201c\u5b89\u7136\u5ea6\u8fc7\u6ce2\u52a8\u201d\u7684\u6709\u5229\u6761\u4ef6\uff0c\u56e0\u4e3a\u5b83\u6700\u8fd1\u901a\u8fc7\u4f18\u5148\u80a1\u800c\u4e0d\u662f\u503a\u52a1\u7b79\u96c6\u4e86\u8d44\u91d1\u3002 \u5728BitMine\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u5f00\u59cb\u56e4\u79ef\u4ee5\u592a\u5e01\u65f6\uff0c\u897f\u96c5\u56fe29\u5c81\u7684\u6295\u8d44\u8005\u79d1\u5c14\u30fb\u683c\u6797\u5fb7(Cole Grinde)\u4ee5\u6bcf\u80a1\u7ea645\u7f8e\u5143\u7684\u4ef7\u683c\u8d2d\u4e70\u4e86\u4ef7\u503c\u7ea610\u4e07\u7f8e\u5143\u7684BitMine\u80a1\u7968\u3002\u5230\u76ee\u524d\u4e3a\u6b62\uff0c\u4ed6\u5728\u8fd9\u9879\u6295\u8d44\u4e0a\u635f\u5931\u4e86\u7ea61\u4e07\u7f8e\u5143\u3002 \u5c3d\u7ba1\u5982\u6b64\uff0c\u8eab\u4e3a\u996e\u6599\u884c\u4e1a\u9500\u552e\u5458\u7684\u683c\u6797\u5fb7\u8bf4\uff0c\u4ed6\u6b63\u5728\u589e\u52a0\u6301\u80a1\u3002\u4ed6\u51fa\u552eBitMine\u671f\u6743\u4ee5\u5e2e\u52a9\u62b5\u6d88\u635f\u5931\u3002\u4ed6\u8868\u793a\uff0c\u4ed6\u5bf9\u8be5\u516c\u53f8\u7684\u4fe1\u5fc3\u6e90\u4e8e\u53d1\u884c\u4ee5\u592a\u5e01\u7684\u4ee5\u592a\u574a(Ethereum)\u533a\u5757\u94fe\u65e5\u76ca\u666e\u53ca\uff0c\u4ee5\u53ca\u674e\u7684\u5f71\u54cd\u529b\u3002 \u4ed6\u8c08\u5230\u674e\u65f6\u8bf4\uff1a\u201c\u6211\u8ba4\u4e3a\u4ed6\u7684\u4eba\u8109\u548c\u4ed6\u7684\u4e2a\u4eba\u9b45\u529b\u66fe\u5e2e\u52a9\u8be5\u80a1\u81ea\u4ed6\u63a5\u624b\u4ee5\u6765\u4e00\u8def\u98d9\u5347\u3002\u201d\u674e\u66fe\u5728\u6469\u6839\u5927\u901a(JPMorgan Chase)\u5de5\u4f5c15\u5e74\uff0c\u662fFundstrat Global Advisors\u7684\u6267\u884c\u5408\u4f19\u4eba\uff0c\u8fd8\u7ecf\u5e38\u62c5\u4efb\u5546\u4e1a\u7535\u89c6\u8282\u76ee\u7684\u8bc4\u8bba\u5458\u3002\uff08\u534e\u5c14\u8857\u65e5\u62a5 \uff09 &nbsp; \u514d\u8d23\u58f0\u660e\uff1a\u7b2c\u4e09\u65b9\u65b0\u95fb\uff08\u6216\u56fe\u7247\uff09\u4e3a\u5206\u4eab\/\u63f4\u5f15\/\u50a8\u5b58\u4fe1\u606f\uff0c\u5176\u5185\u5bb9\u5e76\u4e0d\u4ee3\u8868\u672c\u62a5\/\u672c\u7f51\u7acb\u573a\uff0c\u5982\u6709\u9519\u8bef\u6216\u76f8\u5173\u4fb5\u6743\u8bf7\u8054\u7cfb\u6211\u4eec\u5220\u9664\uff0c\u8c22\u8c22\uff01<\/p>\n","protected":false},"author":2,"featured_media":15173,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-15172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-berita-ekonomi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b - Huanqiuribao<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/huanqiuribao.com\/?p=15172\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b - Huanqiuribao\" \/>\n<meta property=\"og:description\" content=\"MicroStrategy\u7684\u8054\u5408\u521b\u59cb\u4eba\u8fc8\u514b\u5c14\u30fb\u585e\u52d2\uff0c\u8be5\u516c\u53f8\u73b0\u540d\u4e3aStrategy\u3002\u56fe\u7247\u6765\u6e90\uff1aRoger Kisby for WSJ \u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u5df2\u7ecf\u964d\u6e29\u3002\u4e00\u4e9b\u6295\u8d44\u8005\u8bf4\u201c\u65e9\u544a\u8bc9\u4f60\u4f1a\u8fd9\u6837\u201d\uff0c\u800c\u53e6\u4e00\u4e9b\u4eba\u8fd8\u5728\u8fdb\u4e00\u6b65\u52a0\u7801\u3002 \u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\uff0c\u6700\u6d41\u884c\u7684\u505a\u6cd5\u662f\uff1a\u5356\u51fa\u80a1\u7968\u6216\u501f\u5165\u8d44\u91d1\uff0c\u7136\u540e\u5c06\u73b0\u91d1\u6295\u5165\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u5e01\u548c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u3002\u6295\u8d44\u8005\u63a8\u9ad8\u4e86\u8fd9\u4e9b\u201c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u201d\u516c\u53f8\u7684\u80a1\u4ef7\uff0c\u5c06\u5b83\u4eec\u89c6\u4e3a\u4e00\u79cd\u9014\u5f84\uff0c\u5927\u529b\u62bc\u6ce8\u52a8\u8361\u7684\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u3002 \u8fc8\u514b\u5c14\u30fb\u585e\u52d2(Michael Saylor)\u57282020\u5e74\u5f00\u521b\u4e86\u8fd9\u4e00\u505a\u6cd5\uff0c\u5f53\u65f6\u4ed6\u5c06\u4e00\u5bb6\u540d\u4e3aMicroStrategy\u7684\u5c0f\u578b\u8f6f\u4ef6\u516c\u53f8\u8f6c\u578b\u4e3a\u6bd4\u7279\u5e01\u5de8\u9cb8\uff0c\u5373\u73b0\u5728\u7684Strategy\u3002\u4f46\u968f\u7740\u5f53\u524d\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u5e01\u4ef7\u683c\u91cd\u632b\uff0cStrategy\u53ca\u5176\u6a21\u4eff\u8005\u7684\u80a1\u4ef7\u4e5f\u5728\u4e0b\u8dcc\u3002Strategy\u7684\u5e02\u503c\u57287\u6708\u4efd\u8fbe\u5230\u7ea61,280\u4ebf\u7f8e\u5143\u7684\u5cf0\u503c\uff1b\u73b0\u5728\u5e02\u503c\u7ea6\u4e3a700\u4ebf\u7f8e\u5143\u3002 \u8fd9\u6b21\u629b\u552e\u51b2\u51fb\u4e86\u5305\u62ec\u8457\u540d\u98ce\u9669\u8d44\u672c\u5bb6\u5f7c\u5f97\u30fb\u8482\u5c14(Peter Thiel)\u5728\u5185\u7684\u77e5\u540d\u6295\u8d44\u8005\uff0c\u8482\u5c14\u652f\u6301\u4e86\u591a\u5bb6\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u90a3\u4e9b\u8ddf\u968f\u5927\u529b\u5ba3\u626c\u52a0\u5bc6\u8d27\u5e01\u7684\u201c\u5e03\u9053\u8005\u201d\u4e70\u5165\u8fd9\u4e9b\u80a1\u7968\u7684\u6563\u6237\u6295\u8d44\u8005\u4e5f\u53d7\u5230\u4e86\u51b2\u51fb\u3002 \u585e\u52d2\u4ecd\u4e00\u5982\u65e2\u5f80\u5730\u770b\u597d\u52a0\u5bc6\u8d27\u5e01\uff0c\u5728\u793e\u4ea4\u5a92\u4f53\u4e0a\u5ba3\u79f0\u6bd4\u7279\u5e01\u6b63\u5728\u6253\u6298\u51fa\u552e\u3002\u9274\u4e8e\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u7684\u4f30\u503c\u901a\u5e38\u8f83\u5176\u6240\u6301\u4ee3\u5e01\u7684\u6807\u7684\u4ef7\u503c\u5b58\u5728\u6ea2\u4ef7\uff0c\u6000\u7591\u8bba\u8005\u4e00\u76f4\u5728\u9884\u671f\u4f1a\u51fa\u73b0\u56de\u8c03\u3002 Spectra Markets\u603b\u88c1\u5e03\u4f26\u7279\u30fb\u5510\u7eb3\u5229(Brent Donnelly)\u8bf4\uff1a\u201c\u6574\u4e2a\u6982\u5ff5\u5bf9\u6211\u6765\u8bf4\u6beb\u65e0\u610f\u4e49\u3002\u4f60\u53ea\u662f\u5728\u75282\u7f8e\u5143\u4e70\u4e00\u5f201\u7f8e\u5143\u7684\u77ed\u671f\u56fd\u503a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6700\u7ec8\u8fd9\u4e9b\u6ea2\u4ef7\u4f1a\u538b\u7f29\u3002\u201d \u5f53\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u9996\u6b21\u51fa\u73b0\u65f6\uff0c\u5b83\u4eec\u4e5f\u4e3a\u4ee5\u524d\u65e0\u6cd5\u8f7b\u6613\u83b7\u5f97\u52a0\u5bc6\u8d27\u5e01\u6295\u8d44\u6e20\u9053\u7684\u673a\u6784\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u4e00\u79cd\u6295\u8d44\u65b9\u5f0f\u3002\u8fc7\u53bb\u4e24\u5e74\u9762\u4e16\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1(ETF)\u73b0\u5728\u63d0\u4f9b\u4e86\u540c\u6837\u7684\u89e3\u51b3\u65b9\u6848\u3002 BitMine Immersion Technologies\u662f\u8482\u5c14\u652f\u6301\u7684\u4e00\u5bb6\u5927\u578b\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u7531\u534e\u5c14\u8857\u8d44\u6df1\u7b56\u7565\u5e08\u6c64\u59c6\u30fb\u674e(Tom Lee)\u8fd0\u8425\uff0c\u5176\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8630%\u4ee5\u4e0a\u3002 ETHZilla\u4ece\u4e00\u5bb6\u751f\u7269\u6280\u672f\u516c\u53f8\u8f6c\u578b\u4e3a\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u8482\u5c14\u4e5f\u662f\u5176\u6295\u8d44\u8005\u4e4b\u4e00\uff0c\u5176\u80a1\u4ef7\u5728\u4e00\u4e2a\u6708\u5185\u4e0b\u8dcc\u4e8623%\u3002 \u5728\u5bf9\u52a0\u5bc6\u8d27\u5e01\u53cb\u597d\u7684\u5ddd\u666e\u653f\u5e9c\u7684\u63a8\u52a8\u4e0b\uff0c\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\u90fd\u5728\u4e0a\u6da8\u3002\u56f4\u7ed5\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u7684\u72c2\u70ed\u8fdb\u4e00\u6b65\u63a8\u9ad8\u4e86\u4ee3\u5e01\u4ef7\u683c\u3002\u4f46\u725b\u5e02\u572810\u670810\u65e5\u621b\u7136\u800c\u6b62\uff0c\u5f53\u65f6\u7f8e\u56fd\u603b\u7edf\u5ddd\u666e\u51fa\u4eba\u610f\u6599\u5730\u5ba3\u5e03\u5bf9\u4e2d\u56fd\u52a0\u5f81\u5173\u7a0e\uff0c\u5f15\u53d1\u4e86\u629b\u552e\u3002\u521b\u7eaa\u5f55\u65f6\u957f\u7684\u653f\u5e9c\u505c\u6446\u548c\u56f4\u7ed5\u7f8e\u8054\u50a8\u8d27\u5e01\u653f\u7b56\u7684\u4e0d\u786e\u5b9a\u6027\u4e5f\u5bf9\u4ef7\u683c\u6784\u6210\u4e86\u538b\u529b\u3002 \u6bd4\u7279\u5e01\u4ef7\u683c\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8615%\u3002\u540c\u671fStrategy\u4e0b\u8dcc\u4e8626%\uff0c\u800c\u9a6c\u4fee\u30fb\u5854\u7279\u5c14(Matthew Tuttle)\u7684\u76f8\u5173ETF(MSTU)\u4e0b\u8dcc\u4e8650%\uff0c\u8be5ETF\u7684\u76ee\u6807\u662f\u5b9e\u73b0Strategy\u4e24\u500d\u7684\u56de\u62a5\u3002 \u5854\u7279\u5c14\u8bf4\uff1a\u201c\u6570\u5b57\u8d44\u4ea7\u50a8\u5907\u516c\u53f8\u57fa\u672c\u4e0a\u662f\u52a0\u4e86\u6760\u6746\u7684\u52a0\u5bc6\u8d44\u4ea7\uff0c\u6240\u4ee5\u5f53\u52a0\u5bc6\u8d27\u5e01\u4e0b\u8dcc\u65f6\uff0c\u5b83\u4eec\u4f1a\u8dcc\u5f97\u66f4\u591a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6bd4\u7279\u5e01\u5df2\u7ecf\u8868\u660e\u5b83\u4e0d\u4f1a\u6d88\u5931\uff0c\u800c\u4e14\u9022\u4f4e\u4e70\u5165\u4f1a\u5f97\u5230\u56de\u62a5\u3002\u201d \u5728\u8fd9\u4e9b\u80a1\u7968\u66b4\u8dcc\u540e\uff0c\u81f3\u5c11\u6709\u4e00\u4f4d\u77e5\u540d\u6295\u8d44\u8005\u6b63\u5728\u8c03\u6574\u6295\u8d44\u7ec4\u5408\u3002\u5409\u59c6\u30fb\u67e5\u8bfa\u65af(Jim Chanos)\u57282023\u5e74\u5173\u95ed\u4e86\u4ed6\u7684\u5bf9\u51b2\u57fa\u91d1\uff0c\u4f46\u4ecd\u4f7f\u7528\u81ea\u6709\u8d44\u91d1\u4ea4\u6613\u5e76\u4e3a\u5ba2\u6237\u63d0\u4f9b\u54a8\u8be2\uff0c\u4ed6\u4e00\u76f4\u5728\u505a\u7a7aStrategy\u5e76\u4e70\u5165\u6bd4\u7279\u5e01\uff0c\u8ba4\u4e3a\u6295\u8d44\u8005\u4e3a\u585e\u52d2\u7684\u516c\u53f8\u652f\u4ed8\u9ad8\u4ef7\u6ca1\u4ec0\u4e48\u9053\u7406\uff0c\u56e0\u4e3a\u4ed6\u4eec\u53ef\u4ee5\u81ea\u5df1\u8d2d\u4e70\u6bd4\u7279\u5e01\u3002\u4e0a\u5468\u4e94\uff0c\u4ed6\u544a\u8bc9\u5ba2\u6237\u662f\u65f6\u5019\u5c06\u8be5\u4ea4\u6613\u5e73\u4ed3\u4e86\u3002 \u4ed6\u5728\u5468\u65e5\u7684\u4e00\u6b21\u91c7\u8bbf\u4e2d\u8bf4\uff0c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u80a1\u4ecd\u7136\u88ab\u9ad8\u4f30\uff0c\u90e8\u5206\u539f\u56e0\u662f\u5176\u4ef7\u503c\u9ad8\u4e8e\u8fd9\u4e9b\u516c\u53f8\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\uff0c\u4f46\u6ea2\u4ef7\u6c34\u5e73\u5df2\u4e0d\u518d\u9ad8\u5f97\u79bb\u8c31\u3002\u4ed6\u5199\u4fe1\u7ed9\u5ba2\u6237\u8bf4\uff1a\u201c\u8fd9\u4e00\u6295\u8d44\u903b\u8f91\u5df2\u57fa\u672c\u5151\u73b0\u3002\u201d \u53ea\u8981\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\u4ecd\u6709\u4ef7\u503c\uff0c\u8bb8\u591a\u4e3a\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\u800c\u7b79\u96c6\u73b0\u91d1\u7684\u516c\u53f8\u5c31\u4e0d\u592a\u53ef\u80fd\u9762\u4e34\u77ed\u671f\u5371\u673a\u3002\u4e00\u4e9b\u516c\u53f8\u7b79\u96c6\u4e86\u5927\u91cf\u8d44\u91d1\uff0c\u73b0\u5728\u4ecd\u7136\u5750\u62e5\u4e30\u88d5\u7684\u73b0\u91d1\uff0c\u53ef\u4ee5\u7528\u6765\u4ee5\u66f4\u4f4e\u7684\u4ef7\u683c\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\uff0c\u751a\u81f3\u6536\u8d2d\u7ade\u4e89\u5bf9\u624b\u3002 \u4f46\u5206\u6790\u5e08\u8868\u793a\uff0c\u9762\u4e34\u80a1\u4ef7\u4e0b\u632b\u7684\u516c\u53f8\u5c06\u53d1\u73b0\u5f88\u96be\u901a\u8fc7\u51fa\u552e\u65b0\u80a1\u7b79\u96c6\u8d44\u91d1\u6765\u8d2d\u4e70\u66f4\u591a\u52a0\u5bc6\u8d27\u5e01\uff0c\u8fd9\u53ef\u80fd\u4f1a\u7ed9\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5e26\u6765\u538b\u529b\uff0c\u540c\u65f6\u4e5f\u5f15\u53d1\u5bf9\u8fd9\u4e9b\u516c\u53f8\u5546\u4e1a\u6a21\u5f0f\u7684\u8d28\u7591\u3002 \u6bd4\u7279\u5e01\u50a8\u5907\u516c\u53f8Strive\u7684\u9996\u5e2d\u6267\u884c\u5b98\u9a6c\u7279\u30fb\u79d1\u5c14(Matt Cole)\u8bf4\uff1a\u201c\u5b83\u4eec\u4e2d\u5f88\u591a\u90fd\u9677\u5165\u4e86\u56f0\u5883\u3002\u201dStrive\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u7b79\u96c6\u8d44\u91d1\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u5e73\u5747\u4ef7\u683c\u6bd4\u5f53\u524d\u6c34\u5e73\u9ad8\u51fa10%\u4ee5\u4e0a\u3002 Strive\u7684\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u91cd\u632b28%\u3002\u4ed6\u8bf4\uff0cStrive\u5177\u5907\u201c\u5b89\u7136\u5ea6\u8fc7\u6ce2\u52a8\u201d\u7684\u6709\u5229\u6761\u4ef6\uff0c\u56e0\u4e3a\u5b83\u6700\u8fd1\u901a\u8fc7\u4f18\u5148\u80a1\u800c\u4e0d\u662f\u503a\u52a1\u7b79\u96c6\u4e86\u8d44\u91d1\u3002 \u5728BitMine\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u5f00\u59cb\u56e4\u79ef\u4ee5\u592a\u5e01\u65f6\uff0c\u897f\u96c5\u56fe29\u5c81\u7684\u6295\u8d44\u8005\u79d1\u5c14\u30fb\u683c\u6797\u5fb7(Cole Grinde)\u4ee5\u6bcf\u80a1\u7ea645\u7f8e\u5143\u7684\u4ef7\u683c\u8d2d\u4e70\u4e86\u4ef7\u503c\u7ea610\u4e07\u7f8e\u5143\u7684BitMine\u80a1\u7968\u3002\u5230\u76ee\u524d\u4e3a\u6b62\uff0c\u4ed6\u5728\u8fd9\u9879\u6295\u8d44\u4e0a\u635f\u5931\u4e86\u7ea61\u4e07\u7f8e\u5143\u3002 \u5c3d\u7ba1\u5982\u6b64\uff0c\u8eab\u4e3a\u996e\u6599\u884c\u4e1a\u9500\u552e\u5458\u7684\u683c\u6797\u5fb7\u8bf4\uff0c\u4ed6\u6b63\u5728\u589e\u52a0\u6301\u80a1\u3002\u4ed6\u51fa\u552eBitMine\u671f\u6743\u4ee5\u5e2e\u52a9\u62b5\u6d88\u635f\u5931\u3002\u4ed6\u8868\u793a\uff0c\u4ed6\u5bf9\u8be5\u516c\u53f8\u7684\u4fe1\u5fc3\u6e90\u4e8e\u53d1\u884c\u4ee5\u592a\u5e01\u7684\u4ee5\u592a\u574a(Ethereum)\u533a\u5757\u94fe\u65e5\u76ca\u666e\u53ca\uff0c\u4ee5\u53ca\u674e\u7684\u5f71\u54cd\u529b\u3002 \u4ed6\u8c08\u5230\u674e\u65f6\u8bf4\uff1a\u201c\u6211\u8ba4\u4e3a\u4ed6\u7684\u4eba\u8109\u548c\u4ed6\u7684\u4e2a\u4eba\u9b45\u529b\u66fe\u5e2e\u52a9\u8be5\u80a1\u81ea\u4ed6\u63a5\u624b\u4ee5\u6765\u4e00\u8def\u98d9\u5347\u3002\u201d\u674e\u66fe\u5728\u6469\u6839\u5927\u901a(JPMorgan Chase)\u5de5\u4f5c15\u5e74\uff0c\u662fFundstrat Global Advisors\u7684\u6267\u884c\u5408\u4f19\u4eba\uff0c\u8fd8\u7ecf\u5e38\u62c5\u4efb\u5546\u4e1a\u7535\u89c6\u8282\u76ee\u7684\u8bc4\u8bba\u5458\u3002\uff08\u534e\u5c14\u8857\u65e5\u62a5 \uff09 &nbsp; \u514d\u8d23\u58f0\u660e\uff1a\u7b2c\u4e09\u65b9\u65b0\u95fb\uff08\u6216\u56fe\u7247\uff09\u4e3a\u5206\u4eab\/\u63f4\u5f15\/\u50a8\u5b58\u4fe1\u606f\uff0c\u5176\u5185\u5bb9\u5e76\u4e0d\u4ee3\u8868\u672c\u62a5\/\u672c\u7f51\u7acb\u573a\uff0c\u5982\u6709\u9519\u8bef\u6216\u76f8\u5173\u4fb5\u6743\u8bf7\u8054\u7cfb\u6211\u4eec\u5220\u9664\uff0c\u8c22\u8c22\uff01\" \/>\n<meta property=\"og:url\" content=\"https:\/\/huanqiuribao.com\/?p=15172\" \/>\n<meta property=\"og:site_name\" content=\"Huanqiuribao\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-11T03:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-11T03:01:13+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/11\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"773\" \/>\n\t<meta property=\"og:image:height\" content=\"491\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"wind\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"wind\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172\"},\"author\":{\"name\":\"wind\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#\\\/schema\\\/person\\\/283ca5b3514e2e690fc7eae72cbdf060\"},\"headline\":\"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b\",\"datePublished\":\"2025-11-11T03:00:56+00:00\",\"dateModified\":\"2025-11-11T03:01:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172\"},\"wordCount\":53,\"publisher\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/huanqiuribao.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg\",\"articleSection\":[\"\u4ea7\u7ecf\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172\",\"url\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172\",\"name\":\"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b - Huanqiuribao\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/huanqiuribao.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg\",\"datePublished\":\"2025-11-11T03:00:56+00:00\",\"dateModified\":\"2025-11-11T03:01:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172#primaryimage\",\"url\":\"https:\\\/\\\/huanqiuribao.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg\",\"contentUrl\":\"https:\\\/\\\/huanqiuribao.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg\",\"width\":773,\"height\":491},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/?p=15172#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/huanqiuribao.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#website\",\"url\":\"https:\\\/\\\/huanqiuribao.com\\\/\",\"name\":\"Huanqiuribao\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/huanqiuribao.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#organization\",\"name\":\"Huanqiuribao\",\"url\":\"https:\\\/\\\/huanqiuribao.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/huanqiuribao.com\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/cropped-LOGO-HQRB.png\",\"contentUrl\":\"https:\\\/\\\/huanqiuribao.com\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/cropped-LOGO-HQRB.png\",\"width\":898,\"height\":194,\"caption\":\"Huanqiuribao\"},\"image\":{\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/huanqiuribao.com\\\/#\\\/schema\\\/person\\\/283ca5b3514e2e690fc7eae72cbdf060\",\"name\":\"wind\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/20d94feab97104eed747c4aa8a4d2e90b99e059c53d67db52bc8a67322c82eb9?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/20d94feab97104eed747c4aa8a4d2e90b99e059c53d67db52bc8a67322c82eb9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/20d94feab97104eed747c4aa8a4d2e90b99e059c53d67db52bc8a67322c82eb9?s=96&d=mm&r=g\",\"caption\":\"wind\"},\"url\":\"https:\\\/\\\/huanqiuribao.com\\\/?author=2\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b - Huanqiuribao","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/huanqiuribao.com\/?p=15172","og_locale":"en_US","og_type":"article","og_title":"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b - Huanqiuribao","og_description":"MicroStrategy\u7684\u8054\u5408\u521b\u59cb\u4eba\u8fc8\u514b\u5c14\u30fb\u585e\u52d2\uff0c\u8be5\u516c\u53f8\u73b0\u540d\u4e3aStrategy\u3002\u56fe\u7247\u6765\u6e90\uff1aRoger Kisby for WSJ \u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u5df2\u7ecf\u964d\u6e29\u3002\u4e00\u4e9b\u6295\u8d44\u8005\u8bf4\u201c\u65e9\u544a\u8bc9\u4f60\u4f1a\u8fd9\u6837\u201d\uff0c\u800c\u53e6\u4e00\u4e9b\u4eba\u8fd8\u5728\u8fdb\u4e00\u6b65\u52a0\u7801\u3002 \u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\uff0c\u6700\u6d41\u884c\u7684\u505a\u6cd5\u662f\uff1a\u5356\u51fa\u80a1\u7968\u6216\u501f\u5165\u8d44\u91d1\uff0c\u7136\u540e\u5c06\u73b0\u91d1\u6295\u5165\u6bd4\u7279\u5e01\u3001\u4ee5\u592a\u5e01\u548c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u3002\u6295\u8d44\u8005\u63a8\u9ad8\u4e86\u8fd9\u4e9b\u201c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u201d\u516c\u53f8\u7684\u80a1\u4ef7\uff0c\u5c06\u5b83\u4eec\u89c6\u4e3a\u4e00\u79cd\u9014\u5f84\uff0c\u5927\u529b\u62bc\u6ce8\u52a8\u8361\u7684\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u3002 \u8fc8\u514b\u5c14\u30fb\u585e\u52d2(Michael Saylor)\u57282020\u5e74\u5f00\u521b\u4e86\u8fd9\u4e00\u505a\u6cd5\uff0c\u5f53\u65f6\u4ed6\u5c06\u4e00\u5bb6\u540d\u4e3aMicroStrategy\u7684\u5c0f\u578b\u8f6f\u4ef6\u516c\u53f8\u8f6c\u578b\u4e3a\u6bd4\u7279\u5e01\u5de8\u9cb8\uff0c\u5373\u73b0\u5728\u7684Strategy\u3002\u4f46\u968f\u7740\u5f53\u524d\u6bd4\u7279\u5e01\u548c\u4ee5\u592a\u5e01\u4ef7\u683c\u91cd\u632b\uff0cStrategy\u53ca\u5176\u6a21\u4eff\u8005\u7684\u80a1\u4ef7\u4e5f\u5728\u4e0b\u8dcc\u3002Strategy\u7684\u5e02\u503c\u57287\u6708\u4efd\u8fbe\u5230\u7ea61,280\u4ebf\u7f8e\u5143\u7684\u5cf0\u503c\uff1b\u73b0\u5728\u5e02\u503c\u7ea6\u4e3a700\u4ebf\u7f8e\u5143\u3002 \u8fd9\u6b21\u629b\u552e\u51b2\u51fb\u4e86\u5305\u62ec\u8457\u540d\u98ce\u9669\u8d44\u672c\u5bb6\u5f7c\u5f97\u30fb\u8482\u5c14(Peter Thiel)\u5728\u5185\u7684\u77e5\u540d\u6295\u8d44\u8005\uff0c\u8482\u5c14\u652f\u6301\u4e86\u591a\u5bb6\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u90a3\u4e9b\u8ddf\u968f\u5927\u529b\u5ba3\u626c\u52a0\u5bc6\u8d27\u5e01\u7684\u201c\u5e03\u9053\u8005\u201d\u4e70\u5165\u8fd9\u4e9b\u80a1\u7968\u7684\u6563\u6237\u6295\u8d44\u8005\u4e5f\u53d7\u5230\u4e86\u51b2\u51fb\u3002 \u585e\u52d2\u4ecd\u4e00\u5982\u65e2\u5f80\u5730\u770b\u597d\u52a0\u5bc6\u8d27\u5e01\uff0c\u5728\u793e\u4ea4\u5a92\u4f53\u4e0a\u5ba3\u79f0\u6bd4\u7279\u5e01\u6b63\u5728\u6253\u6298\u51fa\u552e\u3002\u9274\u4e8e\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u7684\u4f30\u503c\u901a\u5e38\u8f83\u5176\u6240\u6301\u4ee3\u5e01\u7684\u6807\u7684\u4ef7\u503c\u5b58\u5728\u6ea2\u4ef7\uff0c\u6000\u7591\u8bba\u8005\u4e00\u76f4\u5728\u9884\u671f\u4f1a\u51fa\u73b0\u56de\u8c03\u3002 Spectra Markets\u603b\u88c1\u5e03\u4f26\u7279\u30fb\u5510\u7eb3\u5229(Brent Donnelly)\u8bf4\uff1a\u201c\u6574\u4e2a\u6982\u5ff5\u5bf9\u6211\u6765\u8bf4\u6beb\u65e0\u610f\u4e49\u3002\u4f60\u53ea\u662f\u5728\u75282\u7f8e\u5143\u4e70\u4e00\u5f201\u7f8e\u5143\u7684\u77ed\u671f\u56fd\u503a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6700\u7ec8\u8fd9\u4e9b\u6ea2\u4ef7\u4f1a\u538b\u7f29\u3002\u201d \u5f53\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u516c\u53f8\u9996\u6b21\u51fa\u73b0\u65f6\uff0c\u5b83\u4eec\u4e5f\u4e3a\u4ee5\u524d\u65e0\u6cd5\u8f7b\u6613\u83b7\u5f97\u52a0\u5bc6\u8d27\u5e01\u6295\u8d44\u6e20\u9053\u7684\u673a\u6784\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u4e00\u79cd\u6295\u8d44\u65b9\u5f0f\u3002\u8fc7\u53bb\u4e24\u5e74\u9762\u4e16\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1(ETF)\u73b0\u5728\u63d0\u4f9b\u4e86\u540c\u6837\u7684\u89e3\u51b3\u65b9\u6848\u3002 BitMine Immersion Technologies\u662f\u8482\u5c14\u652f\u6301\u7684\u4e00\u5bb6\u5927\u578b\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u7531\u534e\u5c14\u8857\u8d44\u6df1\u7b56\u7565\u5e08\u6c64\u59c6\u30fb\u674e(Tom Lee)\u8fd0\u8425\uff0c\u5176\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8630%\u4ee5\u4e0a\u3002 ETHZilla\u4ece\u4e00\u5bb6\u751f\u7269\u6280\u672f\u516c\u53f8\u8f6c\u578b\u4e3a\u4ee5\u592a\u5e01\u50a8\u5907\u516c\u53f8\uff0c\u8482\u5c14\u4e5f\u662f\u5176\u6295\u8d44\u8005\u4e4b\u4e00\uff0c\u5176\u80a1\u4ef7\u5728\u4e00\u4e2a\u6708\u5185\u4e0b\u8dcc\u4e8623%\u3002 \u5728\u5bf9\u52a0\u5bc6\u8d27\u5e01\u53cb\u597d\u7684\u5ddd\u666e\u653f\u5e9c\u7684\u63a8\u52a8\u4e0b\uff0c\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5728\u4eca\u5e74\u5927\u90e8\u5206\u65f6\u95f4\u91cc\u90fd\u5728\u4e0a\u6da8\u3002\u56f4\u7ed5\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u7684\u72c2\u70ed\u8fdb\u4e00\u6b65\u63a8\u9ad8\u4e86\u4ee3\u5e01\u4ef7\u683c\u3002\u4f46\u725b\u5e02\u572810\u670810\u65e5\u621b\u7136\u800c\u6b62\uff0c\u5f53\u65f6\u7f8e\u56fd\u603b\u7edf\u5ddd\u666e\u51fa\u4eba\u610f\u6599\u5730\u5ba3\u5e03\u5bf9\u4e2d\u56fd\u52a0\u5f81\u5173\u7a0e\uff0c\u5f15\u53d1\u4e86\u629b\u552e\u3002\u521b\u7eaa\u5f55\u65f6\u957f\u7684\u653f\u5e9c\u505c\u6446\u548c\u56f4\u7ed5\u7f8e\u8054\u50a8\u8d27\u5e01\u653f\u7b56\u7684\u4e0d\u786e\u5b9a\u6027\u4e5f\u5bf9\u4ef7\u683c\u6784\u6210\u4e86\u538b\u529b\u3002 \u6bd4\u7279\u5e01\u4ef7\u683c\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0b\u8dcc\u4e8615%\u3002\u540c\u671fStrategy\u4e0b\u8dcc\u4e8626%\uff0c\u800c\u9a6c\u4fee\u30fb\u5854\u7279\u5c14(Matthew Tuttle)\u7684\u76f8\u5173ETF(MSTU)\u4e0b\u8dcc\u4e8650%\uff0c\u8be5ETF\u7684\u76ee\u6807\u662f\u5b9e\u73b0Strategy\u4e24\u500d\u7684\u56de\u62a5\u3002 \u5854\u7279\u5c14\u8bf4\uff1a\u201c\u6570\u5b57\u8d44\u4ea7\u50a8\u5907\u516c\u53f8\u57fa\u672c\u4e0a\u662f\u52a0\u4e86\u6760\u6746\u7684\u52a0\u5bc6\u8d44\u4ea7\uff0c\u6240\u4ee5\u5f53\u52a0\u5bc6\u8d27\u5e01\u4e0b\u8dcc\u65f6\uff0c\u5b83\u4eec\u4f1a\u8dcc\u5f97\u66f4\u591a\u3002\u201d\u4ed6\u8fd8\u8bf4\uff1a\u201c\u6bd4\u7279\u5e01\u5df2\u7ecf\u8868\u660e\u5b83\u4e0d\u4f1a\u6d88\u5931\uff0c\u800c\u4e14\u9022\u4f4e\u4e70\u5165\u4f1a\u5f97\u5230\u56de\u62a5\u3002\u201d \u5728\u8fd9\u4e9b\u80a1\u7968\u66b4\u8dcc\u540e\uff0c\u81f3\u5c11\u6709\u4e00\u4f4d\u77e5\u540d\u6295\u8d44\u8005\u6b63\u5728\u8c03\u6574\u6295\u8d44\u7ec4\u5408\u3002\u5409\u59c6\u30fb\u67e5\u8bfa\u65af(Jim Chanos)\u57282023\u5e74\u5173\u95ed\u4e86\u4ed6\u7684\u5bf9\u51b2\u57fa\u91d1\uff0c\u4f46\u4ecd\u4f7f\u7528\u81ea\u6709\u8d44\u91d1\u4ea4\u6613\u5e76\u4e3a\u5ba2\u6237\u63d0\u4f9b\u54a8\u8be2\uff0c\u4ed6\u4e00\u76f4\u5728\u505a\u7a7aStrategy\u5e76\u4e70\u5165\u6bd4\u7279\u5e01\uff0c\u8ba4\u4e3a\u6295\u8d44\u8005\u4e3a\u585e\u52d2\u7684\u516c\u53f8\u652f\u4ed8\u9ad8\u4ef7\u6ca1\u4ec0\u4e48\u9053\u7406\uff0c\u56e0\u4e3a\u4ed6\u4eec\u53ef\u4ee5\u81ea\u5df1\u8d2d\u4e70\u6bd4\u7279\u5e01\u3002\u4e0a\u5468\u4e94\uff0c\u4ed6\u544a\u8bc9\u5ba2\u6237\u662f\u65f6\u5019\u5c06\u8be5\u4ea4\u6613\u5e73\u4ed3\u4e86\u3002 \u4ed6\u5728\u5468\u65e5\u7684\u4e00\u6b21\u91c7\u8bbf\u4e2d\u8bf4\uff0c\u52a0\u5bc6\u8d27\u5e01\u50a8\u5907\u80a1\u4ecd\u7136\u88ab\u9ad8\u4f30\uff0c\u90e8\u5206\u539f\u56e0\u662f\u5176\u4ef7\u503c\u9ad8\u4e8e\u8fd9\u4e9b\u516c\u53f8\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\uff0c\u4f46\u6ea2\u4ef7\u6c34\u5e73\u5df2\u4e0d\u518d\u9ad8\u5f97\u79bb\u8c31\u3002\u4ed6\u5199\u4fe1\u7ed9\u5ba2\u6237\u8bf4\uff1a\u201c\u8fd9\u4e00\u6295\u8d44\u903b\u8f91\u5df2\u57fa\u672c\u5151\u73b0\u3002\u201d \u53ea\u8981\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\u4ecd\u6709\u4ef7\u503c\uff0c\u8bb8\u591a\u4e3a\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\u800c\u7b79\u96c6\u73b0\u91d1\u7684\u516c\u53f8\u5c31\u4e0d\u592a\u53ef\u80fd\u9762\u4e34\u77ed\u671f\u5371\u673a\u3002\u4e00\u4e9b\u516c\u53f8\u7b79\u96c6\u4e86\u5927\u91cf\u8d44\u91d1\uff0c\u73b0\u5728\u4ecd\u7136\u5750\u62e5\u4e30\u88d5\u7684\u73b0\u91d1\uff0c\u53ef\u4ee5\u7528\u6765\u4ee5\u66f4\u4f4e\u7684\u4ef7\u683c\u8d2d\u4e70\u52a0\u5bc6\u8d27\u5e01\uff0c\u751a\u81f3\u6536\u8d2d\u7ade\u4e89\u5bf9\u624b\u3002 \u4f46\u5206\u6790\u5e08\u8868\u793a\uff0c\u9762\u4e34\u80a1\u4ef7\u4e0b\u632b\u7684\u516c\u53f8\u5c06\u53d1\u73b0\u5f88\u96be\u901a\u8fc7\u51fa\u552e\u65b0\u80a1\u7b79\u96c6\u8d44\u91d1\u6765\u8d2d\u4e70\u66f4\u591a\u52a0\u5bc6\u8d27\u5e01\uff0c\u8fd9\u53ef\u80fd\u4f1a\u7ed9\u52a0\u5bc6\u8d27\u5e01\u4ef7\u683c\u5e26\u6765\u538b\u529b\uff0c\u540c\u65f6\u4e5f\u5f15\u53d1\u5bf9\u8fd9\u4e9b\u516c\u53f8\u5546\u4e1a\u6a21\u5f0f\u7684\u8d28\u7591\u3002 \u6bd4\u7279\u5e01\u50a8\u5907\u516c\u53f8Strive\u7684\u9996\u5e2d\u6267\u884c\u5b98\u9a6c\u7279\u30fb\u79d1\u5c14(Matt Cole)\u8bf4\uff1a\u201c\u5b83\u4eec\u4e2d\u5f88\u591a\u90fd\u9677\u5165\u4e86\u56f0\u5883\u3002\u201dStrive\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u7b79\u96c6\u8d44\u91d1\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u5e73\u5747\u4ef7\u683c\u6bd4\u5f53\u524d\u6c34\u5e73\u9ad8\u51fa10%\u4ee5\u4e0a\u3002 Strive\u7684\u80a1\u4ef7\u5728\u8fc7\u53bb\u4e00\u4e2a\u6708\u91cd\u632b28%\u3002\u4ed6\u8bf4\uff0cStrive\u5177\u5907\u201c\u5b89\u7136\u5ea6\u8fc7\u6ce2\u52a8\u201d\u7684\u6709\u5229\u6761\u4ef6\uff0c\u56e0\u4e3a\u5b83\u6700\u8fd1\u901a\u8fc7\u4f18\u5148\u80a1\u800c\u4e0d\u662f\u503a\u52a1\u7b79\u96c6\u4e86\u8d44\u91d1\u3002 \u5728BitMine\u4eca\u5e74\u65e9\u4e9b\u65f6\u5019\u5f00\u59cb\u56e4\u79ef\u4ee5\u592a\u5e01\u65f6\uff0c\u897f\u96c5\u56fe29\u5c81\u7684\u6295\u8d44\u8005\u79d1\u5c14\u30fb\u683c\u6797\u5fb7(Cole Grinde)\u4ee5\u6bcf\u80a1\u7ea645\u7f8e\u5143\u7684\u4ef7\u683c\u8d2d\u4e70\u4e86\u4ef7\u503c\u7ea610\u4e07\u7f8e\u5143\u7684BitMine\u80a1\u7968\u3002\u5230\u76ee\u524d\u4e3a\u6b62\uff0c\u4ed6\u5728\u8fd9\u9879\u6295\u8d44\u4e0a\u635f\u5931\u4e86\u7ea61\u4e07\u7f8e\u5143\u3002 \u5c3d\u7ba1\u5982\u6b64\uff0c\u8eab\u4e3a\u996e\u6599\u884c\u4e1a\u9500\u552e\u5458\u7684\u683c\u6797\u5fb7\u8bf4\uff0c\u4ed6\u6b63\u5728\u589e\u52a0\u6301\u80a1\u3002\u4ed6\u51fa\u552eBitMine\u671f\u6743\u4ee5\u5e2e\u52a9\u62b5\u6d88\u635f\u5931\u3002\u4ed6\u8868\u793a\uff0c\u4ed6\u5bf9\u8be5\u516c\u53f8\u7684\u4fe1\u5fc3\u6e90\u4e8e\u53d1\u884c\u4ee5\u592a\u5e01\u7684\u4ee5\u592a\u574a(Ethereum)\u533a\u5757\u94fe\u65e5\u76ca\u666e\u53ca\uff0c\u4ee5\u53ca\u674e\u7684\u5f71\u54cd\u529b\u3002 \u4ed6\u8c08\u5230\u674e\u65f6\u8bf4\uff1a\u201c\u6211\u8ba4\u4e3a\u4ed6\u7684\u4eba\u8109\u548c\u4ed6\u7684\u4e2a\u4eba\u9b45\u529b\u66fe\u5e2e\u52a9\u8be5\u80a1\u81ea\u4ed6\u63a5\u624b\u4ee5\u6765\u4e00\u8def\u98d9\u5347\u3002\u201d\u674e\u66fe\u5728\u6469\u6839\u5927\u901a(JPMorgan Chase)\u5de5\u4f5c15\u5e74\uff0c\u662fFundstrat Global Advisors\u7684\u6267\u884c\u5408\u4f19\u4eba\uff0c\u8fd8\u7ecf\u5e38\u62c5\u4efb\u5546\u4e1a\u7535\u89c6\u8282\u76ee\u7684\u8bc4\u8bba\u5458\u3002\uff08\u534e\u5c14\u8857\u65e5\u62a5 \uff09 &nbsp; \u514d\u8d23\u58f0\u660e\uff1a\u7b2c\u4e09\u65b9\u65b0\u95fb\uff08\u6216\u56fe\u7247\uff09\u4e3a\u5206\u4eab\/\u63f4\u5f15\/\u50a8\u5b58\u4fe1\u606f\uff0c\u5176\u5185\u5bb9\u5e76\u4e0d\u4ee3\u8868\u672c\u62a5\/\u672c\u7f51\u7acb\u573a\uff0c\u5982\u6709\u9519\u8bef\u6216\u76f8\u5173\u4fb5\u6743\u8bf7\u8054\u7cfb\u6211\u4eec\u5220\u9664\uff0c\u8c22\u8c22\uff01","og_url":"https:\/\/huanqiuribao.com\/?p=15172","og_site_name":"Huanqiuribao","article_published_time":"2025-11-11T03:00:56+00:00","article_modified_time":"2025-11-11T03:01:13+00:00","og_image":[{"width":773,"height":491,"url":"http:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/11\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg","type":"image\/jpeg"}],"author":"wind","twitter_card":"summary_large_image","twitter_misc":{"Written by":"wind","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/huanqiuribao.com\/?p=15172#article","isPartOf":{"@id":"https:\/\/huanqiuribao.com\/?p=15172"},"author":{"name":"wind","@id":"https:\/\/huanqiuribao.com\/#\/schema\/person\/283ca5b3514e2e690fc7eae72cbdf060"},"headline":"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b","datePublished":"2025-11-11T03:00:56+00:00","dateModified":"2025-11-11T03:01:13+00:00","mainEntityOfPage":{"@id":"https:\/\/huanqiuribao.com\/?p=15172"},"wordCount":53,"publisher":{"@id":"https:\/\/huanqiuribao.com\/#organization"},"image":{"@id":"https:\/\/huanqiuribao.com\/?p=15172#primaryimage"},"thumbnailUrl":"https:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/11\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg","articleSection":["\u4ea7\u7ecf"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/huanqiuribao.com\/?p=15172","url":"https:\/\/huanqiuribao.com\/?p=15172","name":"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b - Huanqiuribao","isPartOf":{"@id":"https:\/\/huanqiuribao.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/huanqiuribao.com\/?p=15172#primaryimage"},"image":{"@id":"https:\/\/huanqiuribao.com\/?p=15172#primaryimage"},"thumbnailUrl":"https:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/11\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg","datePublished":"2025-11-11T03:00:56+00:00","dateModified":"2025-11-11T03:01:13+00:00","breadcrumb":{"@id":"https:\/\/huanqiuribao.com\/?p=15172#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/huanqiuribao.com\/?p=15172"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/huanqiuribao.com\/?p=15172#primaryimage","url":"https:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/11\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg","contentUrl":"https:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/11\/\u5c4f\u5e55\u622a\u56fe-2025-11-11-100032.jpg","width":773,"height":491},{"@type":"BreadcrumbList","@id":"https:\/\/huanqiuribao.com\/?p=15172#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/huanqiuribao.com\/"},{"@type":"ListItem","position":2,"name":"\u4eca\u5e74\u6700\u70ed\u95e8\u7684\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u906d\u9047\u91cd\u521b"}]},{"@type":"WebSite","@id":"https:\/\/huanqiuribao.com\/#website","url":"https:\/\/huanqiuribao.com\/","name":"Huanqiuribao","description":"","publisher":{"@id":"https:\/\/huanqiuribao.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/huanqiuribao.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/huanqiuribao.com\/#organization","name":"Huanqiuribao","url":"https:\/\/huanqiuribao.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/huanqiuribao.com\/#\/schema\/logo\/image\/","url":"https:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/07\/cropped-LOGO-HQRB.png","contentUrl":"https:\/\/huanqiuribao.com\/wp-content\/uploads\/2025\/07\/cropped-LOGO-HQRB.png","width":898,"height":194,"caption":"Huanqiuribao"},"image":{"@id":"https:\/\/huanqiuribao.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/huanqiuribao.com\/#\/schema\/person\/283ca5b3514e2e690fc7eae72cbdf060","name":"wind","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/20d94feab97104eed747c4aa8a4d2e90b99e059c53d67db52bc8a67322c82eb9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/20d94feab97104eed747c4aa8a4d2e90b99e059c53d67db52bc8a67322c82eb9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/20d94feab97104eed747c4aa8a4d2e90b99e059c53d67db52bc8a67322c82eb9?s=96&d=mm&r=g","caption":"wind"},"url":"https:\/\/huanqiuribao.com\/?author=2"}]}},"_links":{"self":[{"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=\/wp\/v2\/posts\/15172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15172"}],"version-history":[{"count":1,"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=\/wp\/v2\/posts\/15172\/revisions"}],"predecessor-version":[{"id":15174,"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=\/wp\/v2\/posts\/15172\/revisions\/15174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=\/wp\/v2\/media\/15173"}],"wp:attachment":[{"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huanqiuribao.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}