#企业比特币储备策略# Looking back on the past, I can't help but feel a surge of emotions. The topic of corporate Bitcoin reserve strategies is undoubtedly one of the hottest topics in the blockchain field in recent years. Strategy Company, as the largest Bitcoin treasury company in the world, has a development trajectory that can be considered a textbook case.

From the initial niche attempts to the present expectation of being included in the S&P 500 index, it has truly not been easy. I remember when Strategy first started to hoard Bitcoin on a large scale, the industry was in an uproar. Many people believed this was a risky move, and some even asserted that the company would go bankrupt as a result. However, the facts have proven that this decision was extremely wise.

Today, Strategy's market capitalization has surpassed $100 billion, far exceeding the threshold of the S&P 500. More importantly, the company has achieved profitability in the past 12 months, clearing the last hurdle for inclusion in the S&P 500. This means that Bitcoin is moving from a fringe asset to the mainstream financial world.

Of course, the road ahead is still full of challenges. The high volatility of Strategy may become a hindrance, with a five-year beta coefficient as high as 3.86, nearly twice that of Tesla. This reminds us that while pursuing innovation, we must also pay attention to risk control.

Throughout history, every major financial revolution has been accompanied by controversy and resistance. The rise of Bitcoin is no exception. Regardless of whether Strategy can ultimately be included in the S&P 500 in September, one thing is certain: Bitcoin is gradually evolving from a monetary experiment into a blue-chip asset. This process may be long and tortuous, but the trend is irreversible.

As witnesses, we are fortunate to have experienced this financial revolution. Looking back at today in the future, I believe we will see more clearly the historical significance of this decision. For current enterprises, how to seize opportunities and avoid risks in this transformation will be a question worth pondering. After all, history always changes the future inadvertently.