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tina很简单
囤币公司买比特币的钱,越来越多是"借"来的💡
据Investing.com 10月25日报道,Fidelity Digital Assets统计:2025年以来,上市公司靠发行永续优先股,大约融资买入了13.6万枚 $BTC。
但这条路有代价:
🔸 优先股要定期付股息,钱一部分得拿去还"利息"
🔸 Strategy最近花了1.93亿美元回购优先股,同期只买了267枚 $BTC
🔸 Xapo Bank CEO也提到,有钱的持币人更爱抵押借钱、找收益,而不是卖币
我的看法:以前看囤币公司,只看它又买了多少币;现在还得看它每年要付多少股息、融资还顺不顺。币价一弱,融资变难,"买买买"的节奏就可能放慢。
你觉得这种靠融资囤币的模式,能一直撑下去吗?
个人观点,不构成投资建议
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