吴说区块链
吴说区块链|Jul 12, 2025 12:25
CGV: The Success of Microstrategies Promotes Corporate Balance Sheets into the Programmable Era "(by Cynic) This article deeply explores the capital operation model centered on MicroStrategy, and explores the differentiation path and potential risks of altcoin reserve companies: their main business is weak, and funds raised through borrowing and financing can be used to purchase cryptocurrency assets. If operated properly, it can leverage stock prices and net assets to rise synchronously at a low cost; MicroStrategy has created a capital tool matrix that transforms the volatility of Bitcoin into a structured financing advantage. Capital operations utilize multiple financing strategies to form a self reinforcing capital cycle; When the MSTR stock price has a high positive premium compared to Bitcoin (mNAV>1), potential equity dilution for financing to purchase Bitcoin can continue to drive up BTC per Share. Read the full article: http://(wubleck123. com)/index. php? m=content&c=index&a=show&catid=47&id=45467
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