<p>MicroStrategy th&ocirc;ng b&aacute;o &#273;&atilde; mua Bitcoin tr&#7883; gi&aacute; 22 tri&#7879;u USD h&ocirc;m nay, l&agrave;m n&#7893;i b&#7853;t lo ng&#7841;i ng&agrave;y c&agrave;ng t&#259;ng v&#7873; vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng. C&ocirc;ng ty &#273;&atilde; t&#7915; ch&#7889;i kh&ocirc;i ph&#7909;c c&aacute;c bi&#7879;n ph&aacute;p b&#7843;o v&#7879; c&oacute; th&#7875; ng&#259;n ch&#7863;n &#273;i&#7873;u n&agrave;y.</p>
<p>MicroStrategy &#273;ang m&#7855;c k&#7865;t gi&#7919;a hai k&#7883;ch b&#7843;n ti&ecirc;u c&#7921;c. N&#7871;u ng&#7915;ng mua BTC, ni&#7873;m tin th&#7883; tr&#432;&#7901;ng c&oacute; th&#7875; s&#7909;p &#273;&#7893;. Tuy nhi&ecirc;n, n&#7871;u pha lo&atilde;ng c&#7893; &#273;&ocirc;ng &#273;&#7875; t&agrave;i tr&#7907; cho c&aacute;c l&#7847;n mua n&agrave;y, c&ocirc;ng ty s&#7869; ti&#7871;p t&#7909;c ho&#7841;t &#273;&#7897;ng k&eacute;m h&#417;n t&agrave;i s&#7843;n m&agrave; n&oacute; n&#7855;m gi&#7919;.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">MicroStrategy &#273;&#7889;i m&#7863;t v&#7899;i th&aacute;ch th&#7913;c</h2>

<p>MicroStrategy &#273;&atilde; <a href="https://vn.beincrypto.com/strategy-financial-results-q2-2025-bitcoin-gains/" target="_blank" rel="noreferrer noopener">&#273;&#7841;t &#273;&#432;&#7907;c nhi&#7873;u th&agrave;nh c&ocirc;ng</a> v&#7899;i k&#7871; ho&#7841;ch t&iacute;ch l&#361;y Bitcoin c&#7911;a m&igrave;nh, nh&#432;ng m&#7897;t v&agrave;i <a href="https://vn.beincrypto.com/microstrategy-misses-out-sp-500-index/" target="_blank" rel="noreferrer noopener">v&#7871;t n&#7913;t &#273;&atilde; xu&#7845;t hi&#7879;n</a> trong nh&#7919;ng tu&#7847;n g&#7847;n &#273;&acirc;y. G&#7847;n &#273;&acirc;y, quy m&ocirc; mua c&#7911;a c&ocirc;ng ty &#273;&atilde; gi&#7843;m, v&#7899;i Ch&#7911; t&#7883;ch Michael Saylor th&ocirc;ng b&aacute;o v&#7873; vi&#7879;c mua BTC tr&#7883; gi&aacute; 22 tri&#7879;u USD h&ocirc;m nay:</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">Lo ng&#7841;i v&#7873; pha lo&atilde;ng c&#7893; &#273;&ocirc;ng</h2>

<p>So v&#7899;i <a href="https://vn.beincrypto.com/microstrategy-bitcion-buy-continues-amid-all-time-high/" target="_blank" rel="noreferrer noopener">m&#7897;t s&#7889; l&#7847;n mua tr&#432;&#7899;c &#273;&acirc;y</a>, s&#7889; ti&#7873;n n&agrave;y th&#7921;c s&#7921; nh&#7887; b&eacute;. H&#417;n n&#7919;a, c&aacute;c <a href="https://protos.com/94-of-strategys-bitcoin-buys-since-august-were-from-diluting-mstr/" target="_blank" rel="noreferrer noopener nofollow">b&aacute;o c&aacute;o m&#7899;i</a> gi&uacute;p gi&#7843;i th&iacute;ch m&#7897;t t&igrave;nh th&#7871; kh&oacute; kh&#259;n c&#7845;p b&aacute;ch cho MicroStrategy: c&ocirc;ng ty ng&agrave;y c&agrave;ng d&#7921;a v&agrave;o vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng &#273;&#7875; t&agrave;i tr&#7907; cho c&aacute;c l&#7847;n mua n&agrave;y.</p>
<p>M&ocirc; h&igrave;nh n&agrave;y c&oacute; th&#7875; <a href="https://vn.beincrypto.com/microstrategy-bitcoin-risk-liquidation-cascade/" target="_blank" rel="noreferrer noopener">b&ugrave;ng n&#7893; th&agrave;nh m&#7897;t cu&#7897;c kh&#7911;ng ho&#7843;ng l&#7899;n</a> n&#7871;u n&oacute; l&agrave;m gi&#7843;m ni&#7873;m tin c&#7911;a c&#7893; &#273;&ocirc;ng.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">Thay &#273;&#7893;i ch&iacute;nh s&aacute;ch c&#7911;a Michael Saylor</h2>

<p>M&#7863;c d&ugrave; Michael Saylor tuy&ecirc;n b&#7889; v&agrave;o th&aacute;ng 07 r&#7857;ng MicroStrategy s&#7869; kh&ocirc;ng pha lo&atilde;ng s&#7921; ti&#7871;p x&uacute;c c&#7911;a c&#7893; &#273;&ocirc;ng v&#7899;i Bitcoin, &ocirc;ng &#273;&atilde; th&#7921;c hi&#7879;n c&aacute;c bi&#7879;n ph&aacute;p &#273;&#7875; thay &#273;&#7893;i ch&iacute;nh s&aacute;ch n&agrave;y v&agrave;o th&aacute;ng tr&#432;&#7899;c.</p>
<p>C&#7909; th&#7875;, &ocirc;ng th&ocirc;ng b&aacute;o r&#7857;ng c&ocirc;ng ty <a href="https://vn.beincrypto.com/strategy-bitcoin-saylor-stock-issuance-change-debt/" target="_blank" rel="noreferrer noopener">c&oacute; th&#7875; b&aacute;n c&#7893; phi&#7871;u v&igrave; nh&#7919;ng l&yacute; do m&#7899;i</a> ngo&agrave;i vi&#7879;c mua BTC, v&agrave; c&#361;ng <a href="https://vn.beincrypto.com/backlash-saylor-microstrategy-bitcoin-volatility-exposure/" target="_blank" rel="noreferrer noopener">lo&#7841;i b&#7887; c&aacute;c bi&#7879;n ph&aacute;p b&#7843;o v&#7879;</a> &#273;&#7875; b&#7843;o v&#7879; v&#7883; tr&iacute; c&#7911;a nh&agrave; &#273;&#7847;u t&#432;.</p>
<p>K&#7875; t&#7915; khi MicroStrategy th&#7921;c hi&#7879;n c&aacute;c bi&#7879;n ph&aacute;p n&agrave;y, c&ocirc;ng ty &#273;&atilde; pha lo&atilde;ng c&#7893; &#273;&ocirc;ng ph&#7893; th&ocirc;ng b&#7857;ng 3,278,660 c&#7893; phi&#7871;u &#273;&#7875; t&agrave;i tr&#7907; cho h&#417;n 1.1 t&#7927; USD trong c&aacute;c l&#7847;n mua Bitcoin m&#7899;i. Do &#273;&oacute;, 1.2% c&#7893; ph&#7847;n c&#7911;a c&#7893; &#273;&ocirc;ng &#273;&atilde; tr&#7921;c ti&#7871;p t&agrave;i tr&#7907; kho&#7843;ng 94% c&aacute;c l&#7847;n mua BTC c&#7911;a c&ocirc;ng ty trong th&aacute;ng qua.</p>
<p>Vi&#7879;c pha lo&atilde;ng c&#7893; phi&#7871;u c&#7911;a MicroStrategy nguy hi&#7875;m v&igrave; m&#7897;t s&#7889; l&yacute; do, nh&#432;ng m&#7897;t l&yacute; do &#273;&#7863;c bi&#7879;t quan tr&#7885;ng: n&oacute; tr&#7921;c ti&#7871;p l&agrave;m suy y&#7871;u &#273;&#7897;ng l&#7921;c &#273;&#7847;u t&#432; v&agrave;o MSTR thay v&igrave; mua BTC. M&#7863;c d&ugrave; c&ocirc;ng ty &#273;&atilde; mua kho&#7843;ng 10,000 bitcoins k&#7875; t&#7915; th&aacute;ng 08, nh&#432;ng n&oacute; &#273;&atilde; ho&#7841;t &#273;&#7897;ng k&eacute;m h&#417;n &#273;&aacute;ng k&#7875; so v&#7899;i token.</p>
<img style="height:400px;width:640px;" decoding="async" alt="MicroStrategy Price Performance" class="wp-image-754484 lazy" style="width:1000px;height:auto" loading="lazy" src="https://assets.beincrypto.com/img/NnPNPZlmTdQa96_26o0eWSoMyTc=/smart/a6e7a7d6f0214bb38d39d42fac1ce6f5">Hi&#7879;u su&#7845;t gi&aacute; c&#7911;a MicroStrategy. Ngu&#7891;n: <a href="https://www.google.com/finance/quote/MSTR:NASDAQ?sa=X&amp;ved=2ahUKEwjx7vSX_P6PAxXa4skDHfhXOogQ3ecFegQIOhAT&amp;window=1M" target="_blank" rel="noreferrer noopener">Google Finance</a>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">C&#7843;nh b&aacute;o l&#7899;n cho MicroStrategy</h2>

<p>M&#7863;c d&ugrave; c&ocirc;ng ty <a href="https://vn.beincrypto.com/michael-saylor-microstrategy-hints-at-more-bitcoin-buys/" target="_blank" rel="noreferrer noopener">g&#7847;n &#273;&acirc;y &#273;&atilde; tr&aacute;nh &#273;&#432;&#7907;c m&#7897;t v&#7909; ki&#7879;n t&#7853;p th&#7875;</a>, &#273;&acirc;y l&agrave; m&#7897;t d&#7845;u hi&#7879;u c&#7843;nh b&aacute;o l&#7899;n. Thu nh&#7853;p kh&ocirc;ng &#7893;n &#273;&#7883;nh c&#7911;a MicroStrategy &#273;&atilde; <a href="https://beincrypto.com/microstrategy-misses-out-sp-500-index/" target="_blank" rel="noreferrer noopener">khi&#7871;n n&oacute; m&#7845;t &#273;i nh&#7919;ng danh hi&#7879;u l&#7899;n</a>, v&agrave; vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng c&oacute; th&#7875; c&ograve;n t&#7891;i t&#7879; h&#417;n.</p>
<p>C&ocirc;ng ty c&oacute; tr&aacute;ch nhi&#7879;m &#7911;y th&aacute;c &#273;&#7875; t&#7889;i &#273;a h&oacute;a gi&aacute; tr&#7883; c&#7893; &#273;&ocirc;ng, &#273;i&#7873;u n&agrave;y c&oacute; th&#7875; m&acirc;u thu&#7851;n v&#7899;i m&#7909;c ti&ecirc;u mua l&#7841;i c&#7911;a n&oacute;.</p>
<p>Gi&#7889;ng nh&#432; N&#7919; ho&agrave;ng &#272;&#7887; trong Alice &#7903; x&#7913; s&#7903; th&#7847;n ti&ecirc;n, m&#7897;t kho t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; BTC ph&#7843;i ch&#7841;y nhanh h&#417;n v&agrave; nhanh h&#417;n &#273;&#7875; gi&#7919; nguy&ecirc;n v&#7883; tr&iacute;. MicroStrategy l&agrave; m&#7897;t tr&#7909; c&#7897;t c&#7911;a ni&#7873;m tin doanh nghi&#7879;p v&agrave;o Bitcoin; n&#7871;u n&oacute; ng&#7915;ng mua, gi&aacute; token s&#7869; gi&#7843;m, b&#7845;t ch&#7845;p vi&#7879;c pha lo&atilde;ng.</p>
<p>Kh&ocirc;ng c&oacute; c&aacute;ch d&#7877; d&agrave;ng &#273;&#7875; tho&aacute;t kh&#7887;i cu&#7897;c kh&#7911;ng ho&#7843;ng n&agrave;y. Michael Saylor kh&ocirc;ng ch&#7881; ph&#7843;i ti&#7871;p t&#7909;c ki&#7871;m ti&#7873;n; &ocirc;ng ph&#7843;i v&#432;&#7907;t tr&#7897;i h&#417;n Bitcoin. Vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng c&oacute; th&#7875; l&agrave; c&aacute;ch duy nh&#7845;t &#273;&#7875; gi&#7919; MicroStrategy &#7903; v&#7883; tr&iacute; h&agrave;ng &#273;&#7847;u hi&#7879;n t&#7841;i. Tuy nhi&ecirc;n, n&oacute; c&oacute; th&#7875; g&acirc;y ra m&#7897;t s&#7921; s&#7909;p &#273;&#7893; l&#7899;n h&#417;n n&#7919;a.</p>


Cổ đông MicroStrategy đối mặt với rủi ro pha loãng gia tăng khi mua Bitcoin tăng lên

<p>MicroStrategy th&ocirc;ng b&aacute;o &#273;&atilde; mua Bitcoin tr&#7883; gi&aacute; 22 tri&#7879;u USD h&ocirc;m nay, l&agrave;m n&#7893;i b&#7853;t lo ng&#7841;i ng&agrave;y c&agrave;ng t&#259;ng v&#7873; vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng. C&ocirc;ng ty &#273;&atilde; t&#7915; ch&#7889;i kh&ocirc;i ph&#7909;c c&aacute;c bi&#7879;n ph&aacute;p b&#7843;o v&#7879; c&oacute; th&#7875; ng&#259;n ch&#7863;n &#273;i&#7873;u n&agrave;y.</p>
<p>MicroStrategy &#273;ang m&#7855;c k&#7865;t gi&#7919;a hai k&#7883;ch b&#7843;n ti&ecirc;u c&#7921;c. N&#7871;u ng&#7915;ng mua BTC, ni&#7873;m tin th&#7883; tr&#432;&#7901;ng c&oacute; th&#7875; s&#7909;p &#273;&#7893;. Tuy nhi&ecirc;n, n&#7871;u pha lo&atilde;ng c&#7893; &#273;&ocirc;ng &#273;&#7875; t&agrave;i tr&#7907; cho c&aacute;c l&#7847;n mua n&agrave;y, c&ocirc;ng ty s&#7869; ti&#7871;p t&#7909;c ho&#7841;t &#273;&#7897;ng k&eacute;m h&#417;n t&agrave;i s&#7843;n m&agrave; n&oacute; n&#7855;m gi&#7919;.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">MicroStrategy &#273;&#7889;i m&#7863;t v&#7899;i th&aacute;ch th&#7913;c</h2>

<p>MicroStrategy &#273;&atilde; <a href="https://vn.beincrypto.com/strategy-financial-results-q2-2025-bitcoin-gains/" target="_blank" rel="noreferrer noopener">&#273;&#7841;t &#273;&#432;&#7907;c nhi&#7873;u th&agrave;nh c&ocirc;ng</a> v&#7899;i k&#7871; ho&#7841;ch t&iacute;ch l&#361;y Bitcoin c&#7911;a m&igrave;nh, nh&#432;ng m&#7897;t v&agrave;i <a href="https://vn.beincrypto.com/microstrategy-misses-out-sp-500-index/" target="_blank" rel="noreferrer noopener">v&#7871;t n&#7913;t &#273;&atilde; xu&#7845;t hi&#7879;n</a> trong nh&#7919;ng tu&#7847;n g&#7847;n &#273;&acirc;y. G&#7847;n &#273;&acirc;y, quy m&ocirc; mua c&#7911;a c&ocirc;ng ty &#273;&atilde; gi&#7843;m, v&#7899;i Ch&#7911; t&#7883;ch Michael Saylor th&ocirc;ng b&aacute;o v&#7873; vi&#7879;c mua BTC tr&#7883; gi&aacute; 22 tri&#7879;u USD h&ocirc;m nay:</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">Lo ng&#7841;i v&#7873; pha lo&atilde;ng c&#7893; &#273;&ocirc;ng</h2>

<p>So v&#7899;i <a href="https://vn.beincrypto.com/microstrategy-bitcion-buy-continues-amid-all-time-high/" target="_blank" rel="noreferrer noopener">m&#7897;t s&#7889; l&#7847;n mua tr&#432;&#7899;c &#273;&acirc;y</a>, s&#7889; ti&#7873;n n&agrave;y th&#7921;c s&#7921; nh&#7887; b&eacute;. H&#417;n n&#7919;a, c&aacute;c <a href="https://protos.com/94-of-strategys-bitcoin-buys-since-august-were-from-diluting-mstr/" target="_blank" rel="noreferrer noopener nofollow">b&aacute;o c&aacute;o m&#7899;i</a> gi&uacute;p gi&#7843;i th&iacute;ch m&#7897;t t&igrave;nh th&#7871; kh&oacute; kh&#259;n c&#7845;p b&aacute;ch cho MicroStrategy: c&ocirc;ng ty ng&agrave;y c&agrave;ng d&#7921;a v&agrave;o vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng &#273;&#7875; t&agrave;i tr&#7907; cho c&aacute;c l&#7847;n mua n&agrave;y.</p>
<p>M&ocirc; h&igrave;nh n&agrave;y c&oacute; th&#7875; <a href="https://vn.beincrypto.com/microstrategy-bitcoin-risk-liquidation-cascade/" target="_blank" rel="noreferrer noopener">b&ugrave;ng n&#7893; th&agrave;nh m&#7897;t cu&#7897;c kh&#7911;ng ho&#7843;ng l&#7899;n</a> n&#7871;u n&oacute; l&agrave;m gi&#7843;m ni&#7873;m tin c&#7911;a c&#7893; &#273;&ocirc;ng.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">Thay &#273;&#7893;i ch&iacute;nh s&aacute;ch c&#7911;a Michael Saylor</h2>

<p>M&#7863;c d&ugrave; Michael Saylor tuy&ecirc;n b&#7889; v&agrave;o th&aacute;ng 07 r&#7857;ng MicroStrategy s&#7869; kh&ocirc;ng pha lo&atilde;ng s&#7921; ti&#7871;p x&uacute;c c&#7911;a c&#7893; &#273;&ocirc;ng v&#7899;i Bitcoin, &ocirc;ng &#273;&atilde; th&#7921;c hi&#7879;n c&aacute;c bi&#7879;n ph&aacute;p &#273;&#7875; thay &#273;&#7893;i ch&iacute;nh s&aacute;ch n&agrave;y v&agrave;o th&aacute;ng tr&#432;&#7899;c.</p>
<p>C&#7909; th&#7875;, &ocirc;ng th&ocirc;ng b&aacute;o r&#7857;ng c&ocirc;ng ty <a href="https://vn.beincrypto.com/strategy-bitcoin-saylor-stock-issuance-change-debt/" target="_blank" rel="noreferrer noopener">c&oacute; th&#7875; b&aacute;n c&#7893; phi&#7871;u v&igrave; nh&#7919;ng l&yacute; do m&#7899;i</a> ngo&agrave;i vi&#7879;c mua BTC, v&agrave; c&#361;ng <a href="https://vn.beincrypto.com/backlash-saylor-microstrategy-bitcoin-volatility-exposure/" target="_blank" rel="noreferrer noopener">lo&#7841;i b&#7887; c&aacute;c bi&#7879;n ph&aacute;p b&#7843;o v&#7879;</a> &#273;&#7875; b&#7843;o v&#7879; v&#7883; tr&iacute; c&#7911;a nh&agrave; &#273;&#7847;u t&#432;.</p>
<p>K&#7875; t&#7915; khi MicroStrategy th&#7921;c hi&#7879;n c&aacute;c bi&#7879;n ph&aacute;p n&agrave;y, c&ocirc;ng ty &#273;&atilde; pha lo&atilde;ng c&#7893; &#273;&ocirc;ng ph&#7893; th&ocirc;ng b&#7857;ng 3,278,660 c&#7893; phi&#7871;u &#273;&#7875; t&agrave;i tr&#7907; cho h&#417;n 1.1 t&#7927; USD trong c&aacute;c l&#7847;n mua Bitcoin m&#7899;i. Do &#273;&oacute;, 1.2% c&#7893; ph&#7847;n c&#7911;a c&#7893; &#273;&ocirc;ng &#273;&atilde; tr&#7921;c ti&#7871;p t&agrave;i tr&#7907; kho&#7843;ng 94% c&aacute;c l&#7847;n mua BTC c&#7911;a c&ocirc;ng ty trong th&aacute;ng qua.</p>
<p>Vi&#7879;c pha lo&atilde;ng c&#7893; phi&#7871;u c&#7911;a MicroStrategy nguy hi&#7875;m v&igrave; m&#7897;t s&#7889; l&yacute; do, nh&#432;ng m&#7897;t l&yacute; do &#273;&#7863;c bi&#7879;t quan tr&#7885;ng: n&oacute; tr&#7921;c ti&#7871;p l&agrave;m suy y&#7871;u &#273;&#7897;ng l&#7921;c &#273;&#7847;u t&#432; v&agrave;o MSTR thay v&igrave; mua BTC. M&#7863;c d&ugrave; c&ocirc;ng ty &#273;&atilde; mua kho&#7843;ng 10,000 bitcoins k&#7875; t&#7915; th&aacute;ng 08, nh&#432;ng n&oacute; &#273;&atilde; ho&#7841;t &#273;&#7897;ng k&eacute;m h&#417;n &#273;&aacute;ng k&#7875; so v&#7899;i token.</p>
<img style="height:400px;width:640px;"decoding="async" alt="MicroStrategy Price Performance" class="wp-image-754484 lazy" style="width:1000px;height:auto" loading="lazy" src="https://assets.beincrypto.com/img/NnPNPZlmTdQa96_26o0eWSoMyTc=/smart/a6e7a7d6f0214bb38d39d42fac1ce6f5">Hi&#7879;u su&#7845;t gi&aacute; c&#7911;a MicroStrategy. Ngu&#7891;n: <a href="https://www.google.com/finance/quote/MSTR:NASDAQ?sa=X&amp;ved=2ahUKEwjx7vSX_P6PAxXa4skDHfhXOogQ3ecFegQIOhAT&amp;window=1M" target="_blank" rel="noreferrer noopener">Google Finance</a>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">C&#7843;nh b&aacute;o l&#7899;n cho MicroStrategy</h2>

<p>M&#7863;c d&ugrave; c&ocirc;ng ty <a href="https://vn.beincrypto.com/michael-saylor-microstrategy-hints-at-more-bitcoin-buys/" target="_blank" rel="noreferrer noopener">g&#7847;n &#273;&acirc;y &#273;&atilde; tr&aacute;nh &#273;&#432;&#7907;c m&#7897;t v&#7909; ki&#7879;n t&#7853;p th&#7875;</a>, &#273;&acirc;y l&agrave; m&#7897;t d&#7845;u hi&#7879;u c&#7843;nh b&aacute;o l&#7899;n. Thu nh&#7853;p kh&ocirc;ng &#7893;n &#273;&#7883;nh c&#7911;a MicroStrategy &#273;&atilde; <a href="https://beincrypto.com/microstrategy-misses-out-sp-500-index/" target="_blank" rel="noreferrer noopener">khi&#7871;n n&oacute; m&#7845;t &#273;i nh&#7919;ng danh hi&#7879;u l&#7899;n</a>, v&agrave; vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng c&oacute; th&#7875; c&ograve;n t&#7891;i t&#7879; h&#417;n.</p>
<p>C&ocirc;ng ty c&oacute; tr&aacute;ch nhi&#7879;m &#7911;y th&aacute;c &#273;&#7875; t&#7889;i &#273;a h&oacute;a gi&aacute; tr&#7883; c&#7893; &#273;&ocirc;ng, &#273;i&#7873;u n&agrave;y c&oacute; th&#7875; m&acirc;u thu&#7851;n v&#7899;i m&#7909;c ti&ecirc;u mua l&#7841;i c&#7911;a n&oacute;.</p>
<p>Gi&#7889;ng nh&#432; N&#7919; ho&agrave;ng &#272;&#7887; trong Alice &#7903; x&#7913; s&#7903; th&#7847;n ti&ecirc;n, m&#7897;t kho t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; BTC ph&#7843;i ch&#7841;y nhanh h&#417;n v&agrave; nhanh h&#417;n &#273;&#7875; gi&#7919; nguy&ecirc;n v&#7883; tr&iacute;. MicroStrategy l&agrave; m&#7897;t tr&#7909; c&#7897;t c&#7911;a ni&#7873;m tin doanh nghi&#7879;p v&agrave;o Bitcoin; n&#7871;u n&oacute; ng&#7915;ng mua, gi&aacute; token s&#7869; gi&#7843;m, b&#7845;t ch&#7845;p vi&#7879;c pha lo&atilde;ng.</p>
<p>Kh&ocirc;ng c&oacute; c&aacute;ch d&#7877; d&agrave;ng &#273;&#7875; tho&aacute;t kh&#7887;i cu&#7897;c kh&#7911;ng ho&#7843;ng n&agrave;y. Michael Saylor kh&ocirc;ng ch&#7881; ph&#7843;i ti&#7871;p t&#7909;c ki&#7871;m ti&#7873;n; &ocirc;ng ph&#7843;i v&#432;&#7907;t tr&#7897;i h&#417;n Bitcoin. Vi&#7879;c pha lo&atilde;ng c&#7893; &#273;&ocirc;ng c&oacute; th&#7875; l&agrave; c&aacute;ch duy nh&#7845;t &#273;&#7875; gi&#7919; MicroStrategy &#7903; v&#7883; tr&iacute; h&agrave;ng &#273;&#7847;u hi&#7879;n t&#7841;i. Tuy nhi&ecirc;n, n&oacute; c&oacute; th&#7875; g&acirc;y ra m&#7897;t s&#7921; s&#7909;p &#273;&#7893; l&#7899;n h&#417;n n&#7919;a.</p>
