{"id":546,"date":"2025-01-28T07:53:19","date_gmt":"2025-01-27T23:53:19","guid":{"rendered":"https:\/\/www.db-hk.com\/?p=546"},"modified":"2025-01-28T07:53:19","modified_gmt":"2025-01-27T23:53:19","slug":"%e4%bc%a0%e7%bb%9f%e4%bc%81%e4%b8%9a%ef%bc%8c%e5%88%b0%e5%ba%95%e8%a6%81%e4%b8%8d%e8%a6%81%e4%b9%b0%e6%af%94%e7%89%b9%e5%b8%81%ef%bc%9f","status":"publish","type":"post","link":"http:\/\/www.fubairui.net\/?p=546","title":{"rendered":"\u4f20\u7edf\u4f01\u4e1a\uff0c\u5230\u5e95\u8981\u4e0d\u8981\u4e70\u6bd4\u7279\u5e01\uff1f"},"content":{"rendered":"<p><strong>\u6982\u8981<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li>\u6bd4\u7279\u5e01\u7684\u53bb\u4e2d\u5fc3\u5316\u548c\u6297\u901a\u80c0\u7279\u6027\u4f7f\u5176\u6210\u4e3a\u673a\u6784\u5bf9\u51b2\u7ecf\u6d4e\u4e0d\u786e\u5b9a\u6027\u548c\u4fdd\u6301\u957f\u671f\u4ef7\u503c\u7684\u591a\u529f\u80fd\u5de5\u5177\u3002<\/li>\n<li>\u673a\u6784\u8d2d\u4e70\u6bd4\u7279\u5e01\u7684\u884c\u4e3a\u5f80\u5f80\u610f\u5473\u7740\u4fe1\u5fc3\u548c\u521b\u65b0\uff0c\u800c\u51fa\u552e\u884c\u4e3a\u5219\u662f\u4e3a\u4e86\u5b9e\u73b0\u83b7\u5229\u4e86\u7ed3\u6216\u73b0\u91d1\u6d41\u7ba1\u7406\u3002<\/li>\n<li>\u4e9a\u6d32\u5730\u533a\u8d8a\u6765\u8d8a\u591a\u5730\u5c06\u6bd4\u7279\u5e01\u4f5c\u4e3a\u4e00\u79cd\u6295\u8d44\u8d44\u4ea7\uff0c\u4e0e\u6b64\u540c\u65f6\uff0c\u8428\u5c14\u74e6\u591a\u548c\u7f8e\u56fd\u7b49\u56fd\u653f\u5e9c\u51fa\u53f0\u76f8\u5173\u4e3e\u63aa\uff0c\u627f\u8ba4\u6bd4\u7279\u5e01\u4e3a\u4e00\u79cd\u6218\u7565\u8d44\u4ea7\u3002\u8fd9\u4e9b\u90fd\u51f8\u663e\u51fa\u6bd4\u7279\u5e01\u5728\u5168\u7403\u7ecf\u6d4e\u6218\u7565\u5236\u5b9a\u65b9\u9762\u65e5\u76ca\u589e\u957f\u7684\u5f71\u54cd\u529b\u3002<\/li>\n<\/ul>\n<p><strong>1. \u7b80\u4ecb<\/strong><\/p>\n<p>\u6bd4\u7279\u5e01\u4f5c\u4e3a\u4e00\u79cd\u6295\u8d44\u8d44\u4ea7\uff0c\u5b83\u56e0\u4e0e\u9ec4\u91d1\u7b49\u4f20\u7edf\u8d44\u4ea7\u4e0d\u540c\u7684\u7279\u6027\u800c\u5907\u53d7\u5173\u6ce8\u3002\u6bd4\u7279\u5e01\u7684\u53bb\u4e2d\u5fc3\u5316\u548c\u6297\u901a\u80c0\u7279\u6027\u4e3a\u673a\u6784\u8d44\u4ea7\u7ba1\u7406\u7b56\u7565\u5e26\u6765\u4e86\u65b0\u7684\u53ef\u80fd\u6027\u3002<\/p>\n<p>MicroStrategy \u516c\u53f8\u662f\u4e00\u5bb6\u4ece\u6218\u7565\u5c42\u9762\u5229\u7528\u6bd4\u7279\u5e01\u4f18\u52bf\u7684\u8457\u540d\u673a\u6784\u8303\u4f8b\u3002\u8be5\u516c\u53f8\u6709\u6548\u5730\u5229\u7528\u6bd4\u7279\u5e01\u6765\u5e94\u5bf9\u901a\u80c0\u98ce\u9669\u5e76\u5f3a\u5316\u81ea\u8eab\u8d22\u52a1\u72b6\u51b5\u3002\u8fd9\u4e00\u6210\u529f\u6848\u4f8b\u4fc3\u4f7f\u5168\u7403\u4f17\u591a\u4f01\u4e1a\u548c\u91d1\u878d\u673a\u6784\u91cd\u65b0\u5ba1\u89c6\u5b83\u4eec\u7684\u6295\u8d44\u7b56\u7565\u3002<\/p>\n<p>\u7136\u800c\uff0c\u6bd4\u7279\u5e01\u6295\u8d44\u53ef\u80fd\u5e76\u4e0d\u9002\u5408\u6240\u6709\u673a\u6784\u3002\u5c3d\u7ba1\u6bd4\u7279\u5e01\u8d2d\u4e70\u5f80\u5f80\u5f15\u8d77\u516c\u4f17\u5173\u6ce8\uff0c\u4f46\u8bb8\u591a\u516c\u53f8\u5df2\u8c28\u614e\u51fa\u552e\u5176\u6301\u6709\u7684\u6bd4\u7279\u5e01\u3002\u672c\u62a5\u544a\u65e8\u5728\u5206\u6790\u673a\u6784\u6295\u8d44\u6bd4\u7279\u5e01\u80cc\u540e\u7684\u539f\u56e0\uff0c\u63a2\u8ba8\u5f71\u54cd\u4e0d\u540c\u673a\u6784\u4e70\u5356\u51b3\u7b56\u7684\u5173\u952e\u56e0\u7d20\uff0c\u5e76\u7814\u7a76\u7c7b\u4f3c\u5e02\u573a\u6761\u4ef6\u4e0b\u7684\u673a\u6784\u7b56\u7565\u3002\u968f\u7740\u6bd4\u7279\u5e01\u4f5c\u4e3a\u4f01\u4e1a\u6295\u8d44\u8d44\u4ea7\u7684\u5730\u4f4d\u4e0d\u65ad\u4e0a\u5347\uff0c\u672c\u62a5\u544a\u8fd8\u5c06\u5206\u6790\u4e9a\u6d32\u5e02\u573a\u7684\u89c2\u70b9\u548c\u76f8\u5e94\u7684\u7b56\u7565\u3002<\/p>\n<p><strong>2. \u6bd4\u7279\u5e01\u4f5c\u4e3a\u6295\u8d44\u8d44\u4ea7<\/strong><\/p>\n<p>\u673a\u6784\u4f20\u7edf\u4e0a\u9752\u7750\u503a\u5238\u3001\u9ec4\u91d1\u548c\u5916\u5e01\u7b49\u6295\u8d44\u8d44\u4ea7\uff0c\u56e0\u4e3a\u5b83\u4eec\u5177\u6709\u5bf9\u51b2\u98ce\u9669\u7684\u80fd\u529b\uff0c\u6709\u65f6\u8fd8\u80fd\u5728\u7ecf\u6d4e\u4e0d\u786e\u5b9a\u65f6\u671f\u4fdd\u503c\u3002\u6bd4\u7279\u5e01\u5df2\u6210\u4e3a\u4e00\u79cd\u6218\u7565\u6295\u8d44\u8d44\u4ea7\uff0c\u4e3a\u673a\u6784\u63d0\u4f9b\u4e86\u4e00\u79cd\u6709\u6548\u3001\u6297\u901a\u80c0\u4e14\u6709\u5229\u53ef\u56fe\u7684\u4f20\u7edf\u8d44\u4ea7\uff08\u5982\u503a\u5238\u548c\u9ec4\u91d1\uff09\u66ff\u4ee3\u54c1\u3002\u6bd4\u7279\u5e01\u603b\u91cf\u56fa\u5b9a\u4e3a 2100 \u4e07\u679a\uff0c\u8fd9\u786e\u4fdd\u4e86\u7a00\u7f3a\u6027\uff0c\u4f7f\u5176\u6210\u4e3a\u4e00\u4e2a\u9887\u5177\u5438\u5f15\u529b\u7684\u957f\u671f\u4fdd\u503c\u9009\u9879\u3002<\/p>\n<p><strong>2.1. \u6bd4\u7279\u5e01\u4f5c\u4e3a\u901a\u80c0\u5bf9\u51b2\u5de5\u5177\u7684\u4f5c\u7528<\/strong><\/p>\n<p>Rodriguez \u548c Colombo \u4e8e 2024 \u5e74\u5f00\u5c55\u4e86\u4e00\u9879\u7814\u7a76\u300a\u6bd4\u7279\u5e01\u662f\u4e00\u79cd\u901a\u80c0\u5bf9\u51b2\u5de5\u5177\u5417\uff1f\u300b\uff0c\u4ed6\u4eec\u5229\u7528\u8fc7\u53bb\u5341\u5e74\u7f8e\u56fd\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570 (CPI) \u548c\u4e2a\u4eba\u6d88\u8d39\u652f\u51fa (PCE) \u6570\u636e\u7b49\u5173\u952e\u7ecf\u6d4e\u6307\u6807\uff0c\u5206\u6790\u4e86\u6bd4\u7279\u5e01\u5bf9\u901a\u80c0\u538b\u529b\u7684\u53cd\u5e94\u3002\u7814\u7a76\u7ed3\u679c\u8868\u660e\uff0c\u5728\u51fa\u73b0\u6b63\u5411\u901a\u80c0\u51b2\u51fb\u540e\uff0c\u6bd4\u7279\u5e01\u7684\u56de\u62a5\u7387\u4f1a\u663e\u8457\u63d0\u9ad8\u3002\u7136\u800c\uff0c\u8fd9\u79cd\u6548\u5e94\u5bf9\u4e8e\u4ef7\u683c\u6307\u6570\u8f83\u4e3a\u654f\u611f\uff08\u4e3b\u8981\u9002\u7528\u4e8e CPI \u51b2\u51fb\uff09\uff0c\u800c\u4e14\u5728\u6bd4\u7279\u5e01\u88ab\u5e7f\u6cdb\u7684\u673a\u6784\u91c7\u7528\u4e4b\u524d\u7684\u65e9\u671f\u9636\u6bb5\u66f4\u4e3a\u663e\u8457\u3002\u8fd9\u8868\u660e\u6bd4\u7279\u5e01\u5bf9\u51b2\u901a\u80c0\u7684\u80fd\u529b\u53d6\u51b3\u4e8e\u5177\u4f53\u60c5\u51b5\uff0c\u5e76\u4e14\u53ef\u80fd\u4f1a\u968f\u7740\u5176\u91c7\u7528\u8303\u56f4\u7684\u6269\u5927\u800c\u51cf\u5f31\u3002<\/p>\n<p><strong>2.2. \u6bd4\u7279\u5e01\u4f5c\u4e3a\u6295\u8d44\u8d44\u4ea7\u7684\u76c8\u5229\u80fd\u529b<\/strong><\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2025\/01\/5-1735888225034.webp\" alt=\"\u4f20\u7edf\u4f01\u4e1a\uff0c\u5230\u5e95\u8981\u4e0d\u8981\u4e70\u6bd4\u7279\u5e01\uff1f\" \/><\/figure>\n<p>2024 \u5e74\uff0c\u6bd4\u7279\u5e01\u7684\u56de\u62a5\u7387\u7ea6\u4e3a 127%\uff0c\u5927\u5e45\u8d85\u8fc7\u540c\u671f\u4e0a\u6da8 27% \u7684\u9ec4\u91d1\u548c\u4e0a\u6da8\u7ea6 24% \u7684\u6807\u51c6\u666e\u5c14 500 \u6307\u6570\u3002<\/p>\n<p>\u4f46\u6bd4\u7279\u5e01\u4f5c\u4e3a\u673a\u6784\u6295\u8d44\u8d44\u4ea7\u7684\u4ef7\u503c\u4e0d\u4ec5\u4ec5\u5728\u4e8e\u5176\u6295\u8d44\u56de\u62a5\uff0c\u4f20\u7edf\u6295\u8d44\u8d44\u4ea7\u4ea4\u6613\u65f6\u95f4\u6709\u9650\u3001\u4ea4\u6613\u6d41\u7a0b\u590d\u6742\uff0c\u96be\u4ee5\u5bf9\u5229\u7387\u53d8\u52a8\u6216\u5e02\u573a\u51b2\u51fb\u505a\u51fa\u5feb\u901f\u53cd\u5e94\u3002<\/p>\n<p>\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6bd4\u7279\u5e01\u5177\u6709\u5168\u7403\u6d41\u52a8\u6027\uff0c\u4e0d\u53d7\u8fb9\u754c\u6216\u65f6\u533a\u9650\u5236\uff0c\u53ef\u5b9e\u73b0 7*24 \u5b9e\u65f6\u4ea4\u6613\u3002\u9ad8\u6d41\u52a8\u6027\u80fd\u591f\u5728\u4efb\u4f55\u56fd\u5bb6 \/ \u5730\u533a\u5feb\u901f\u5c06\u6bd4\u7279\u5e01\u5151\u6362\u6210\u73b0\u91d1\uff0c\u8fd9\u4f7f\u5176\u6709\u522b\u4e8e\u4f20\u7edf\u91d1\u878d\u8d44\u4ea7\u3002\u8fd9\u4e9b\u7279\u6027\u4f7f\u673a\u6784\u80fd\u591f\u6709\u6548\u5730\u7ba1\u7406\u8d44\u4ea7\u5e76\u5e94\u5bf9\u5e02\u573a\u72b6\u51b5\u3002<\/p>\n<p>\u51ed\u501f\u9ad8\u76c8\u5229\u80fd\u529b\u548c\u5b9e\u7528\u6027\uff0c\u6bd4\u7279\u5e01\u6709\u671b\u6210\u4e3a\u673a\u6784\u6295\u8d44\u7ec4\u5408\u4e2d\u8d8a\u6765\u8d8a\u91cd\u8981\u7684\u6295\u8d44\u8d44\u4ea7\u3002<\/p>\n<p><strong>2.3. \u6bd4\u7279\u5e01\u4f5c\u4e3a\u6ce8\u610f\u529b\u7ecf\u6d4e\u6760\u6746\u7684\u4f5c\u7528<\/strong><\/p>\n<p>\u7eb3\u65af\u8fbe\u514b\u4e0a\u5e02\u516c\u53f8\u6570\u91cf\u8d85\u8fc7 3,300 \u5bb6\uff0c\u5168\u7403\u4e0a\u5e02\u516c\u53f8\u6570\u91cf\u5df2\u589e\u957f\u5230\u4e00\u4e2a\u5341\u5206\u5e9e\u5927\u7684\u89c4\u6a21\u3002\u56e0\u6b64\uff0c\u4ec5\u51ed\u5f3a\u52b2\u7684\u57fa\u672c\u9762\u5438\u5f15\u6295\u8d44\u8005\u7684\u6ce8\u610f\u529b\u53d8\u5f97\u8d8a\u6765\u8d8a\u56f0\u96be\u3002\u4e3a\u4e86\u63d0\u9ad8\u5e02\u573a\u77e5\u540d\u5ea6\uff0c\u516c\u53f8\u73b0\u5728\u6b63\u5728\u52a0\u5927\u8425\u9500\u65b9\u9762\u7684\u6295\u8d44\u3002<\/p>\n<p>\u5728\u8fd9\u6837\u7684\u5e02\u573a\u73af\u5883\u4e0b\uff0c\u6bd4\u7279\u5e01\u521b\u9020\u4e86\u989d\u5916\u7684\u5ba3\u4f20\u6548\u679c\u3002\u7531\u4e8e\u53ea\u6709\u5c11\u6570\u4e0a\u5e02\u516c\u53f8\u6301\u6709\u6bd4\u7279\u5e01\uff0c\u56e0\u6b64\uff0c\u4ec5\u4ec5\u5ba3\u5e03\u8d2d\u4e70\u6bd4\u7279\u5e01\u4f5c\u4e3a\u6295\u8d44\u7ec4\u5408\u591a\u5143\u5316\u6218\u7565\u7684\u4e00\u90e8\u5206\uff0c\u5c31\u80fd\u4ea7\u751f\u5de8\u5927\u7684\u5a92\u4f53\u66dd\u5149\u7387\u3002<\/p>\n<p>\u8fd9\u6837\u7684\u5a92\u4f53\u62a5\u9053\u4e3a\u516c\u53f8\u5e26\u6765\u4e86\u8bb8\u591a\u79ef\u6781\u7684\u7ed3\u679c\uff0c\u63d0\u5347\u4e86\u54c1\u724c\u4ef7\u503c\uff0c\u5438\u5f15\u4e86\u6563\u6237\u6295\u8d44\u8005\u7684\u5174\u8da3\uff0c\u5e76\u589e\u5f3a\u4e86\u521b\u65b0\u548c\u524d\u77bb\u6027\u7684\u5f62\u8c61\u3002\u9664\u4e86\u589e\u52a0\u8d44\u4ea7\u4ef7\u503c\u5916\uff0c\u6bd4\u7279\u5e01\u8fd8\u5728\u63d0\u5347\u4f01\u4e1a\u4ef7\u503c\u65b9\u9762\u53d1\u6325\u7740\u4f5c\u7528\u3002<\/p>\n<p><strong>3. \u673a\u6784\u4e70\u5356\u884c\u4e3a<\/strong><\/p>\n<p>\u968f\u7740\u6bd4\u7279\u5e01\u6210\u4e3a\u673a\u6784\u6295\u8d44\u7ec4\u5408\u4e2d\u4e0d\u53ef\u6216\u7f3a\u7684\u4e00\u90e8\u5206\uff0c\u4e00\u79cd\u72ec\u7279\u7684\u4ea4\u6613\u6a21\u5f0f\u4e5f\u5e94\u8fd0\u800c\u751f\u3002\u673a\u6784\u901a\u5e38\u4f1a\u516c\u5f00\u5ba3\u5e03\u8d2d\u4e70\u6bd4\u7279\u5e01\uff0c\u5411\u5e02\u573a\u53d1\u51fa\u5f3a\u70c8\u4fe1\u53f7\u3002\u8fd9\u4e00\u7b56\u7565\u6709\u52a9\u4e8e\u51f8\u663e\u516c\u53f8\u7684\u521b\u65b0\u7acb\u573a\uff0c\u589e\u5f3a\u5e02\u573a\u4fe1\u5fc3\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u6bd4\u7279\u5e01\u7684\u51fa\u552e\u884c\u4e3a\u5219\u662f\u8c28\u614e\u8fdb\u884c\u7684\uff0c\u901a\u5e38\u53d1\u751f\u5728\u5b9e\u73b0\u76c8\u5229\u4ee5\u53ca\u5c06\u8d44\u91d1\u8fdb\u884c\u518d\u6295\u8d44\u4ee5\u5f3a\u5316\u6838\u5fc3\u4e1a\u52a1\u8fd0\u8425\u4e4b\u65f6\u3002<\/p>\n<p><strong>3.1. \u673a\u6784\u8d2d\u4e70\u884c\u4e3a\uff1aMicroStrategy<\/strong><\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2025\/01\/5-1735888258034.webp\" alt=\"\u4f20\u7edf\u4f01\u4e1a\uff0c\u5230\u5e95\u8981\u4e0d\u8981\u4e70\u6bd4\u7279\u5e01\uff1f\" \/><\/figure>\n<p>MicroStrategy \u662f\u5229\u7528\u6bd4\u7279\u5e01\u4f5c\u4e3a\u6295\u8d44\u8d44\u4ea7\u7684\u9886\u5148\u5178\u8303\u3002\u901a\u8fc7\u914d\u7f6e\u8d85\u8fc7 446,400 \u679a BTC \uff0c\u8be5\u516c\u53f8\u83b7\u5f97\u4e86\u5e02\u573a\u7684\u5e7f\u6cdb\u5173\u6ce8\u3002\u8be5\u7b56\u7565\u65e8\u5728\u5b9e\u73b0\u4e24\u4e2a\u5173\u952e\u76ee\u6807\uff1a\u62b5\u5fa1\u901a\u8d27\u81a8\u80c0\u548c\u589e\u5f3a\u8d22\u52a1\u7a33\u5b9a\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2025\/01\/5-1735888275602.webp\" alt=\"\u4f20\u7edf\u4f01\u4e1a\uff0c\u5230\u5e95\u8981\u4e0d\u8981\u4e70\u6bd4\u7279\u5e01\uff1f\" \/><\/figure>\n<p>\u9996\u5e2d\u6267\u884c\u5b98 Michael Saylor \u901a\u8fc7\u5f7b\u5e95\u6539\u53d8\u5bf9\u6bd4\u7279\u5e01\u7684\u770b\u6cd5\u800c\u5438\u5f15\u4e86\u5e02\u573a\u7684\u6ce8\u610f\u529b\u3002\u4ed6\u4ece\u4e00\u540d\u524d\u6000\u7591\u8bba\u8005\u53d8\u6210\u4e86\u70ed\u60c5\u7684\u62e5\u62a4\u8005\uff0c\u4ed6\u5f3a\u8c03\uff0c\u300c\u73b0\u91d1\u3001\u4f4e\u6536\u76ca\u503a\u5238\u548c\u4f30\u503c\u8fc7\u9ad8\u7684\u79d1\u6280\u80a1\u5bb9\u6613\u53d7\u5230\u901a\u80c0\u7684\u5f71\u54cd\uff0c\u5e94\u8be5\u907f\u514d\u3002\u300d\u5728\u5f53\u524d\u7684\u5e02\u573a\u73af\u5883\u4e0b\uff0cSaylor \u63d0\u51fa\u80a1\u7968\u56de\u8d2d\u548c\u6bd4\u7279\u5e01\u662f\u4f01\u4e1a\u5269\u4f59\u8d44\u91d1\u7684\u6700\u4f73\u7528\u9014\uff0c\u9009\u62e9\u6bd4\u7279\u5e01\u4f5c\u4e3a\u5bf9\u51b2\u65e0\u9650\u91cf\u5316\u5bbd\u677e\u7684\u957f\u671f\u624b\u6bb5\u3002<\/p>\n<p>\u4e0e\u65e9\u671f\u7684\u62c5\u5fe7\u76f8\u53cd\uff0cMicroStrategy \u7684\u6bd4\u7279\u5e01\u6295\u8d44\u7b56\u7565\u5f97\u5230\u4e86\u8bb8\u591a\u516c\u53f8\u7684\u5e7f\u6cdb\u652f\u6301\u3002\u9664\u4e86\u4f5c\u4e3a\u901a\u80c0\u5bf9\u51b2\u5de5\u5177\u5916\uff0c\u6bd4\u7279\u5e01\u73b0\u5728\u8fd8\u88ab\u89c6\u4e3a\u300c\u6570\u5b57\u9ec4\u91d1\u300d\uff0c\u91cd\u5851\u4e86\u4f01\u4e1a\u7684\u8d44\u4ea7\u7ba1\u7406\u65b9\u5f0f\u3002\u9664\u4e86\u4f20\u7edf\u8d44\u4ea7\u5916\uff0c\u8fd9\u4e00\u7528\u6bd4\u7279\u5e01\u6765\u5206\u6563\u50a8\u5907\u7684\u521b\u65b0\u4e3e\u63aa\u4e3a\u5168\u7403\u4f01\u4e1a\u91d1\u878d\u6218\u7565\u6307\u660e\u4e86\u65b0\u65b9\u5411\u3002<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2025\/01\/5-1735888286960.webp\" alt=\"\u4f20\u7edf\u4f01\u4e1a\uff0c\u5230\u5e95\u8981\u4e0d\u8981\u4e70\u6bd4\u7279\u5e01\uff1f\" \/><\/figure>\n<p>MicroStrategy \u7684\u6210\u529f\u6545\u4e8b\u4e5f\u5f71\u54cd\u7740\u4e9a\u6d32\u5e02\u573a\u3002\u535a\u96c5\u4e92\u52a8\u5df2\u5c06\u5176\u6301\u6709\u7684\u4ee5\u592a\u574a\u8f6c\u6362\u4e3a\u6bd4\u7279\u5e01\uff0cMetaPlanet \u5219\u5728 2024 \u5e74\u79ef\u6781\u8d2d\u4e70\u6bd4\u7279\u5e01\u3002\u8fd9\u4e9b\u4e3e\u63aa\u53cd\u6620\u51fa\u4e9a\u6d32\u5e02\u573a\u5bf9\u6bd4\u7279\u5e01\u5728\u6ce2\u52a8\u6027\u7ba1\u7406\u548c\u957f\u671f\u4ef7\u503c\u4fdd\u503c\u65b9\u9762\u6548\u7528\u7684\u8ba4\u53ef\u5ea6\u4e0d\u65ad\u63d0\u9ad8\u3002<\/p>\n<p><strong>3.2. \u673a\u6784\u629b\u552e\u884c\u4e3a\uff1a\u7279\u65af\u62c9<\/strong><\/p>\n<p>\u7279\u65af\u62c9\u662f\u91c7\u7528\u6bd4\u7279\u5e01\u7684\u4f01\u4e1a\u4e2d\u6700\u53d7\u77a9\u76ee\u7684\u516c\u53f8\u4e4b\u4e00\uff0c\u5b83\u63d0\u4f9b\u4e86\u4e00\u4e2a\u4e0e MicroStrategy \u7b49\u516c\u53f8\u622a\u7136\u4e0d\u540c\u7684\u6848\u4f8b\u3002\u8be5\u516c\u53f8\u5728 2022 \u5e74\u51fa\u552e\u4e86 75% \u7684\u6bd4\u7279\u5e01\u6301\u6709\u91cf\uff0c\u5e76\u5c06\u8fd9\u4e00\u51b3\u5b9a\u5f52\u56e0\u4e8e\u4e0d\u786e\u5b9a\u7684\u7ecf\u6d4e\u6761\u4ef6\u4e0b\u7684\u6d41\u52a8\u6027\u9700\u6c42\u3002\u6700\u8fd1\uff0c\u5728 2024 \u5e74 10 \u6708\uff0c\u7279\u65af\u62c9\u5c06\u4ef7\u503c 7.6 \u4ebf\u7f8e\u5143\u7684\u6bd4\u7279\u5e01\u8f6c\u79fb\u5230\u672a\u77e5\u94b1\u5305\uff0c\u5f15\u53d1\u4e86\u4eba\u4eec\u5bf9\u5176\u8fdb\u4e00\u6b65\u51fa\u552e\u7684\u731c\u6d4b\u3002<\/p>\n<p>\u7279\u65af\u62c9\u7684\u6bd4\u7279\u5e01\u6295\u8d44\u5df2\u88ab\u6218\u7565\u6027\u5730\u7528\u4e8e\u652f\u6301\u5176\u8fd0\u8425\u548c\u6269\u5f20\u9700\u6c42\uff0c\u5305\u62ec\u5728\u5fb7\u514b\u8428\u65af\u5dde\u5965\u65af\u6c40\u548c\u67cf\u6797\u5efa\u9020\u65b0\u5de5\u5382\u3002\u7279\u65af\u62c9\u9996\u5e2d\u8d22\u52a1\u5b98 Zachary Kirkhorn \u8868\u793a\uff0c\u5bf9\u6bd4\u7279\u5e01\u7684\u6295\u8d44\u4e3a\u516c\u53f8\u63d0\u4f9b\u4e86\u6d41\u52a8\u6027\u548c\u4e00\u5b9a\u7a0b\u5ea6\u7684\u56de\u62a5\uff0c\u8bc1\u660e\u4e86\u5176\u4f5c\u4e3a\u8d44\u672c\u5bc6\u96c6\u578b\u4f01\u4e1a\u7684\u91d1\u878d\u5de5\u5177\u7684\u7075\u6d3b\u6027\u3002<\/p>\n<p>\u540c\u6837\uff0c\u5f53\u6bd4\u7279\u5e01\u8fbe\u5230 10 \u4e07\u7f8e\u5143\u65f6\uff0c\u7f8e\u56fe\u4ece\u51fa\u552e\u4e2d\u83b7\u5f97\u4e86\u53ef\u89c2\u7684\u5229\u6da6\u3002\u4e0e\u7279\u65af\u62c9\u7684\u6218\u7565\u6027\u83b7\u5229\u56de\u5410\u76f8\u6bd4\uff0c\u7f8e\u56fe\u7684\u51b3\u5b9a\u4f3c\u4e4e\u662f\u5728\u5e02\u573a\u9ad8\u70b9\u629b\u552e\u7684\u523b\u610f\u4e4b\u4e3e\u3002\u4e0e\u4f4e\u8c03\u884c\u4e8b\u7684\u7279\u65af\u62c9\u4e0d\u540c\uff0c\u7f8e\u56fe\u516c\u5f00\u89e3\u91ca\u6b64\u6b21\u51fa\u552e\u662f\u5728\u5176\u6838\u5fc3\u4e1a\u52a1\u9762\u4e34\u6311\u6218\u7684\u60c5\u51b5\u4e0b\u5de9\u56fa\u8d22\u52a1\u72b6\u51b5\u7684\u4e00\u6b65\u3002\u8fd9\u4e0e\u7279\u65af\u62c9\u7684\u79d8\u5bc6\u51fa\u552e\u5f62\u6210\u4e86\u9c9c\u660e\u5bf9\u6bd4\uff0c\u8868\u660e\u516c\u5f00\u62ab\u9732\u6709\u52a9\u4e8e\u51cf\u5c11\u673a\u6784\u51fa\u552e\u9020\u6210\u7684\u5e02\u573a\u4e0d\u786e\u5b9a\u6027\u3002<\/p>\n<p>\u673a\u6784\u4e70\u5356\u6bd4\u7279\u5e01\u7684\u6218\u7565\u539f\u56e0\u76f4\u63a5\u4e0e\u5176\u8d22\u52a1\u76ee\u6807\u548c\u8fd0\u8425\u9700\u6c42\u76f8\u5173\u3002\u516c\u53f8\u901a\u5e38\u4f1a\u51fa\u552e\u6bd4\u7279\u5e01\u4ee5\u5728\u5e02\u573a\u9ad8\u5cf0\u671f\u83b7\u5229\uff0c\u4f8b\u5982\u7279\u65af\u62c9\u5728 2022 \u5e74\u6240\u505a\u7684\u90a3\u6837\uff0c\u6216\u8005\u5c06\u6301\u6709\u7684\u52a0\u5bc6\u8d27\u5e01\u8f6c\u6362\u4e3a\u8fd0\u8425\u8d44\u672c\uff0c\u4ee5\u518d\u6295\u8d44\u4e8e\u6838\u5fc3\u4e1a\u52a1\u3002\u51fa\u552e\u884c\u4e3a\u80cc\u540e\u7684\u4e3b\u8981\u539f\u56e0\u901a\u5e38\u53ef\u4ee5\u5206\u4e3a\u4ee5\u4e0b\u51e0\u7c7b\uff1a1) \u5728\u6709\u5229\u7684\u5e02\u573a\u6761\u4ef6\u4e0b\u83b7\u5229\u4ee5\u6269\u5927\u548c\u6539\u5584\u4e1a\u52a1\u8fd0\u8425\uff1b\u6216 2) \u9700\u8981\u8d44\u91d1\u6765\u5e94\u5bf9\u73b0\u91d1\u6d41\u6311\u6218\u3002\u8fd9\u5f15\u53d1\u4e86\u4eba\u4eec\u7684\u7591\u95ee\uff1a\u672a\u6765\u7684\u4efb\u4f55\u51fa\u552e\u662f\u51fa\u4e8e\u6218\u7565\u8d22\u52a1\u89c4\u5212\u8fd8\u662f\u4f5c\u4e3a\u89e3\u51b3\u73b0\u91d1\u6d41\u95ee\u9898\u7684\u6743\u5b9c\u4e4b\u8ba1\u3002\u6b64\u5916\uff0c\u5982\u679c\u51fa\u552e\u7684\u52a8\u673a\u662f\u83b7\u5229\uff0c\u90a3\u4e48\u5c31\u4f1a\u5f15\u53d1\u4eba\u4eec\u5bf9\u8fd9\u4e9b\u5229\u6da6\u5c06\u5982\u4f55\u4f7f\u7528\u7684\u7591\u95ee\u3002\u5b83\u4eec\u662f\u88ab\u518d\u6295\u8d44\u4ee5\u589e\u5f3a\u4e1a\u52a1\u8fd8\u662f\u4e3b\u8981\u4f7f\u5229\u76ca\u76f8\u5173\u8005\u53d7\u76ca\uff1f\u65e0\u8bba\u5982\u4f55\uff0c\u8fd9\u6837\u7684\u884c\u52a8\u53ef\u80fd\u4f1a\u5bfc\u81f4\u9519\u5931\u8fdb\u4e00\u6b65\u5347\u503c\u7684\u673a\u4f1a\uff0c\u5e76\u524a\u5f31\u6301\u6709\u6bd4\u7279\u5e01\u4f5c\u4e3a\u6295\u8d44\u8d44\u4ea7\u7684\u957f\u671f\u4f18\u52bf\u3002<\/p>\n<p><strong>4. \u4e9a\u6d32\u673a\u6784\u6bd4\u7279\u5e01\u4e70\u5356\u884c\u4e3a<\/strong><\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.web3sj.com\/wp-content\/uploads\/2025\/01\/5-1735888303958.webp\" alt=\"\u4f20\u7edf\u4f01\u4e1a\uff0c\u5230\u5e95\u8981\u4e0d\u8981\u4e70\u6bd4\u7279\u5e01\uff1f\" \/><\/figure>\n<p>MetaPlanet \u662f\u4e9a\u6d32\u79ef\u6781\u91c7\u7528\u6bd4\u7279\u5e01\u7684\u5178\u8303\u3002\u6b63\u5982\u5176\u7ef0\u53f7\u300c\u4e9a\u6d32\u5fae\u7b56\u7565\u300d\u4e00\u6837\uff0c\u8be5\u516c\u53f8\u4ec5\u5728 2024 \u5e74\u5c31\u8d2d\u4e70\u4e86 1,018 \u679a\u6bd4\u7279\u5e01\uff0c\u5c55\u73b0\u4e86\u5176\u5bf9\u957f\u671f\u6bd4\u7279\u5e01\u6295\u8d44\u7684\u575a\u5b9a\u627f\u8bfa\u3002<\/p>\n<p>MetaPlanet 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