暴跌中逆势加仓！Strategy(MSTR.US)上周豪掷8.4亿美元购入比特币

Core Insights - Strategy has purchased $835.6 million worth of Bitcoin, marking its largest acquisition since July, bringing its total holdings to 649,870 Bitcoins valued at approximately $6.17 billion [1] - The recent Bitcoin price drop of nearly 30% since early October contrasts with previous market expectations of increased stability due to deeper Wall Street involvement and favorable White House policies [1][3] - The company's market net asset value (mNAV) has plummeted from over 2.5 to 1.2, indicating a significant decline in its valuation relative to Bitcoin holdings, which complicates the buying opportunity for institutional investors [2] Company Actions - Strategy raised €620 million (approximately $716.8 million) through the issuance of euro-denominated perpetual preferred stock, significantly exceeding its initial target of €350 million [6] - The company has shifted its funding strategy from selling common stock to issuing convertible bonds and now to preferred stock, reflecting investor concerns over equity dilution [6] Market Dynamics - The cryptocurrency market has experienced a significant downturn, with approximately $19 billion in digital asset value wiped out since early October, leading to a decline in open interest in cryptocurrency futures [7] - The demand for protective options has surged, particularly for price levels of $90,000, $85,000, and $80,000, indicating a bearish sentiment among traders [3]