<p>作者：Tomi Kilgore</p>
<p>该公司的股票收盘价创下 15 个月来的新低，而其比特币储备的价值降至七个月以来的最低点。</p>
<p>Strategy 的股票因比特币价格下跌和另一轮稀释性股票出售而跌至 15 个月来的新低。</p>
<p>周一，Strategy 的股票收盘价跌至一年多来的最低点，投资者面临比特币价格下跌和另一轮稀释性股票出售的双重打击。</p>
<p>这家软件公司（MSTR）自称是最大的企业比特币持有者（BTCUSD），周一披露，从 12 月 22 日至 12 月 28 日，它出售了 663,450 股普通股，净收益为 1.088 亿美元。</p>
<p>截至目前，该公司（前称 MicroStrategy）在 12 月共出售了 1510 万股普通股，筹集了 26.7 亿美元，占公司 446.5 亿美元市值的 6%。</p>
<p>当公司向公众出售股票时，投资者并不总是感到高兴，因为这会增加流通股数量，从而减少当前股东所持有的公司股份比例。投资者对 Strategy 稍微宽容一些，因为该公司利用这些资金购买比特币，但这种情况可能会发生变化。</p>
<p>当比特币价格上涨时，投资者感到高兴，因为 Strategy 的股票也在上涨。但随着比特币最近的下跌，Strategy 的股票下跌得更快。</p>
<p>阅读：Strategy 的股票显示出它是一种交易，而不是投资。</p>
<p>周一，Strategy 的股票下跌 2.2%，收于 155.39 美元，为 2024 年 9 月 25 日以来的最低收盘价。同时，比特币价格下跌 0.7%，交易价格比 11 月 21 日的水平高出 2.4%，当时的价格是七个月来的最低点。</p>
<p>从 12 月 22 日至 12 月 28 日，该公司将当周股票出售的所有收益用于购买 1,229 个比特币，平均价格为 88,568 美元。该公司现在总共拥有 672,497 个比特币，平均购买价格为 74,997 美元。</p>
<p>截至周一，该公司的比特币储备价值已降至 588.4 亿美元，为 5 月 12 日以来的最低水平，比 10 月 13 日的 747.4 亿美元峰值下降了 21.3%。</p>
<p>根据 FactSet 的数据，自比特币价格在 10 月 6 日达到峰值以来，该加密货币已下跌约 30%，而 Strategy 的股票则暴跌 56.8%。截至 2025 年，比特币已下跌 6.6%，而 Strategy 的股票则下跌了 46.4%。</p>
<p>-Tomi Kilgore</p>
<p>此内容由 MarketWatch 创作，MarketWatch 由道琼斯公司运营。MarketWatch 与道琼斯新闻通讯和华尔街日报独立出版。</p>

MSTR

2 倍做空 MSTR ETF - Defiance

2 倍做空 MSTR ETF - T-Rex

南方两倍做多MSTR

南方两倍做空MSTR

<p>Strategy 的股票（MSTR）因比特币价格下跌和稀释性股票出售而跌至 15 个月低点，收盘价为 155.39 美元。该公司在 12 月出售了 1510 万股，筹集了 26.7 亿美元用于购买 1229 个比特币。其比特币储备的估值为 588.4 亿美元，比 10 月份的峰值下降了 21.3%。自 10 月 6 日比特币达到峰值以来，价格已下跌 30%，而 Strategy 的股票则暴跌了 56.8%</p>

<p>By Tomi Kilgore</p>
<div class="lb-trans"><p>作者：Tomi Kilgore</p>
</div><p>The company's shares closed at a 15-month low, while the value of its bitcoin reserves declined to a more than seven-month low</p>
<div class="lb-trans"><p>该公司的股票收盘价创下 15 个月来的新低，而其比特币储备的价值降至七个月以来的最低点。</p>
</div><p>Strategy's stock fell to a 15-month low amid a decline in bitcoin prices and another dilutive share sale.</p>
<div class="lb-trans"><p>Strategy 的股票因比特币价格下跌和另一轮稀释性股票出售而跌至 15 个月来的新低。</p>
</div><p>Shares of Strategy slumped to their lowest close in more than a year on Monday, as investors were hit with a combination of falling bitcoin prices and another dilutive sale of stock.</p>
<div class="lb-trans"><p>周一，Strategy 的股票收盘价跌至一年多来的最低点，投资者面临比特币价格下跌和另一轮稀释性股票出售的双重打击。</p>
</div><p>The software company (MSTR), which bills itself as the largest corporate holder of bitcoin (BTCUSD), disclosed Monday that from Dec. 22 through Dec. 28, it sold 663,450 shares of its common stock for net proceeds of $108.8 million.</p>
<div class="lb-trans"><p>这家软件公司（MSTR）自称是最大的企业比特币持有者（BTCUSD），周一披露，从 12 月 22 日至 12 月 28 日，它出售了 663,450 股普通股，净收益为 1.088 亿美元。</p>
</div><p>So far in December, the company, formerly known as MicroStrategy, has sold a total of 15.1 million common shares in December to raise $2.67 billion, which represents 6% of the company's market capitalization of $44.65 billion.</p>
<div class="lb-trans"><p>截至目前，该公司（前称 MicroStrategy）在 12 月共出售了 1510 万股普通股，筹集了 26.7 亿美元，占公司 446.5 亿美元市值的 6%。</p>
</div><p>Investors aren't always happy when a company sells stock to the public because it increases the number of shares outstanding, which in turn reduces the percentage of the company that current shareholders own. Investors have given Strategy a bit of a break because the company has used that money to buy bitcoin, but that could be changing.</p>
<div class="lb-trans"><p>当公司向公众出售股票时，投资者并不总是感到高兴，因为这会增加流通股数量，从而减少当前股东所持有的公司股份比例。投资者对 Strategy 稍微宽容一些，因为该公司利用这些资金购买比特币，但这种情况可能会发生变化。</p>
</div><p>When bitcoin prices were trending higher, investors were happy because Strategy's stock was also rising. But as bitcoin has fallen recently, Strategy shares have declined faster.</p>
<div class="lb-trans"><p>当比特币价格上涨时，投资者感到高兴，因为 Strategy 的股票也在上涨。但随着比特币最近的下跌，Strategy 的股票下跌得更快。</p>
</div><p>Read: Strategy's stock shows why it's a trade, and not an investment</p>
<div class="lb-trans"><p>阅读：Strategy 的股票显示出它是一种交易，而不是投资。</p>
</div><p>On Monday, Strategy's stock fell 2.2% to $155.39, its lowest closing price since Sept. 25, 2024. Meanwhile, bitcoin prices slipped 0.7% and were trading 2.4% above their Nov. 21 level, which at the time was a seven-month low.</p>
<div class="lb-trans"><p>周一，Strategy 的股票下跌 2.2%，收于 155.39 美元，为 2024 年 9 月 25 日以来的最低收盘价。同时，比特币价格下跌 0.7%，交易价格比 11 月 21 日的水平高出 2.4%，当时的价格是七个月来的最低点。</p>
</div><p>From Dec. 22 through Dec. 28, the company spent all the proceeds from its share sale that week to buy 1,229 bitcoins, at an average price of $88,568 each. The company now owns a total of 672,497 bitcoins, which were purchased at an average price of $74,997 each.</p>
<div class="lb-trans"><p>从 12 月 22 日至 12 月 28 日，该公司将当周股票出售的所有收益用于购买 1,229 个比特币，平均价格为 88,568 美元。该公司现在总共拥有 672,497 个比特币，平均购买价格为 74,997 美元。</p>
</div><p>The value of the company's bitcoin reserves as of Monday had dropped to $58.84 billion, the lowest level since May 12, and down 21.3% from a peak of $74.74 billion on Oct. 13.</p>
<div class="lb-trans"><p>截至周一，该公司的比特币储备价值已降至 588.4 亿美元，为 5 月 12 日以来的最低水平，比 10 月 13 日的 747.4 亿美元峰值下降了 21.3%。</p>
</div><p>Since bitcoin's price peaked on Oct. 6, the cryptocurrency has fallen about 30%, according to FactSet data, while Strategy's stock has tumbled 56.8%. So far in 2025, bitcoin has lost 6.6% while Strategy shares have shed 46.4%.</p>
<div class="lb-trans"><p>根据 FactSet 的数据，自比特币价格在 10 月 6 日达到峰值以来，该加密货币已下跌约 30%，而 Strategy 的股票则暴跌 56.8%。截至 2025 年，比特币已下跌 6.6%，而 Strategy 的股票则下跌了 46.4%。</p>
</div><p>-Tomi Kilgore</p>
<div class="lb-trans"><p>-Tomi Kilgore</p>
</div><p>This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.</p>
<div class="lb-trans"><p>此内容由 MarketWatch 创作，MarketWatch 由道琼斯公司运营。MarketWatch 与道琼斯新闻通讯和华尔街日报独立出版。</p>
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Strategy 的股票在通过更多股票销售来购买比特币后跌至新低