{"id":84163,"date":"2026-06-02T09:36:59","date_gmt":"2026-06-02T02:36:59","guid":{"rendered":"https:\/\/hbbgroup.net\/its-not-2022-anymore-what-strategys-first-bitcoin-sale-can-and-cant-tell-us-about-this-one\/"},"modified":"2026-06-02T10:33:45","modified_gmt":"2026-06-02T03:33:45","slug":"its-not-2022-anymore-what-strategys-first-bitcoin-sale-can-and-cant-tell-us-about-this-one","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/its-not-2022-anymore-what-strategys-first-bitcoin-sale-can-and-cant-tell-us-about-this-one\/","title":{"rendered":"Kh\u00f4ng c\u00f2n l\u00e0 n\u0103m 2022 n\u1eefa: L\u1ea7n b\u00e1n Bitcoin \u0111\u1ea7u ti\u00ean c\u1ee7a Strategy c\u00f3 th\u1ec3 (v\u00e0 kh\u00f4ng th\u1ec3) cho ch\u00fang ta bi\u1ebft \u0111i\u1ec1u g\u00ec v\u1ec1 chu k\u1ef3 hi\u1ec7n t\u1ea1i."},"content":{"rendered":"
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Kh\u00f4ng c\u00f2n l\u00e0 n\u0103m 2022 n\u1eefa: L\u1ea7n b\u00e1n Bitcoin \u0111\u1ea7u ti\u00ean c\u1ee7a Strategy c\u00f3 th\u1ec3 (v\u00e0 kh\u00f4ng th\u1ec3) cho ch\u00fang ta bi\u1ebft \u0111i\u1ec1u g\u00ec v\u1ec1 chu k\u1ef3 hi\u1ec7n t\u1ea1i<\/strong><\/p>\n

Strategy c\u1ee7a Michael Saylor \u0111\u00e3 ph\u00e1t tri\u1ec3n th\u00e0nh m\u1ed9t c\u1ed7 m\u00e1y t\u00e0i ch\u00ednh xoay quanh Bitcoin ph\u1ee9c t\u1ea1p h\u01a1n r\u1ea5t nhi\u1ec1u k\u1ec3 t\u1eeb l\u1ea7n g\u1ea7n nh\u1ea5t c\u00f4ng ty b\u00e1n BTC c\u00e1ch \u0111\u00e2y ba n\u0103m r\u01b0\u1ee1i.<\/strong><\/p>\n

C\u1eadp nh\u1eadt: 01\/06\/2026, 17:12 – Th\u1eddi gian \u0111\u1ecdc: 3 ph\u00fat.<\/em><\/p>\n

Make preferred on<\/a><\/p>\n<\/div>\n

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Khi Strategy (MSTR) ti\u1ebft l\u1ed9 r\u1eb1ng h\u1ecd \u0111\u00e3 b\u00e1n 32 Bitcoin trong th\u00e1ng 5, nhi\u1ec1u ng\u01b0\u1eddi l\u1eadp t\u1ee9c nh\u1edb l\u1ea1i l\u1ea7n b\u00e1n Bitcoin \u0111\u1ea7u ti\u00ean c\u1ee7a c\u00f4ng ty v\u00e0o th\u00e1ng 12\/2022.<\/p>\n

C\u1ea3 hai s\u1ef1 ki\u1ec7n \u0111\u1ec1u t\u1ea1o ra nh\u1eefng ti\u00eau \u0111\u1ec1 \u0111\u1eb7t c\u00e2u h\u1ecfi li\u1ec7u c\u00f4ng ty c\u1ee7a Michael Saylor c\u00f3 \u0111ang t\u1eeb b\u1ecf chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y Bitcoin l\u00e2u n\u0103m c\u1ee7a m\u00ecnh hay kh\u00f4ng. C\u1ea3 hai \u0111\u1ec1u khi\u1ebfn t\u00ecnh h\u00ecnh t\u00e0i ch\u00ednh c\u1ee7a c\u00f4ng ty b\u1ecb soi x\u00e9t k\u1ef9 l\u01b0\u1ee1ng. V\u00e0 c\u1ea3 hai \u0111\u1ec1u l\u00e0 nh\u1eefng th\u1eddi \u0111i\u1ec3m c\u1ef1c k\u1ef3 hi\u1ebfm hoi trong l\u1ecbch s\u1eed c\u1ee7a doanh nghi\u1ec7p n\u1eafm gi\u1eef Bitcoin l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi.<\/p>\n

Tuy nhi\u00ean, b\u00e0i h\u1ecdc h\u1eefu \u00edch h\u01a1n t\u1eeb l\u1ea7n b\u00e1n n\u0103m 2022 c\u00f3 l\u1ebd l\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean c\u1ea9n tr\u1ecdng khi di\u1ec5n gi\u1ea3i qu\u00e1 nhi\u1ec1u t\u1eeb m\u1ed9t giao d\u1ecbch b\u00e1n \u0111\u01a1n l\u1ebb.<\/p>\n

Cu\u1ed1i n\u0103m 2022 l\u00e0 m\u1ed9t trong nh\u1eefng giai \u0111o\u1ea1n h\u1ed7n lo\u1ea1n nh\u1ea5t trong l\u1ecbch s\u1eed th\u1ecb tr\u01b0\u1eddng ti\u1ec1n m\u00e3 h\u00f3a, \u0111\u00e1nh d\u1ea5u \u0111\u1ec9nh \u0111i\u1ec3m c\u1ee7a “m\u00f9a \u0111\u00f4ng crypto” di\u1ec5n ra trong n\u0103m \u0111\u00f3, v\u1edbi c\u00fa s\u1eadp c\u1ee7a s\u00e0n giao d\u1ecbch FTX v\u00e0o \u0111\u1ea7u th\u00e1ng 11.<\/p>\n

T\u1eeb m\u1ee9c \u0111\u1ec9nh kho\u1ea3ng 69.000 USD m\u1ed9t n\u0103m tr\u01b0\u1edbc \u0111\u00f3, Bitcoin \u0111\u00e3 gi\u1ea3m h\u01a1n 75%, xu\u1ed1ng d\u01b0\u1edbi 16.000 USD.<\/p>\n

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“D\u0129 nhi\u00ean Bitcoin s\u1ebd kh\u00f4ng v\u1ec1 0,” nh\u00e0 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ecba ch\u00ednh tr\u1ecb Peter Zeihan vi\u1ebft tr\u00ean X v\u00e0o ng\u00e0y 12\/11. “\u1ede m\u1ed9t s\u1ed1 n\u01a1i ch\u00fang ta c\u00f2n c\u00f3 thu\u1ebf carbon. Bitcoin th\u1eadm ch\u00ed c\u00f2n c\u00f3 th\u1ec3 xu\u1ed1ng m\u1ee9c \u00e2m.”<\/p>\n<\/blockquote>\n

Th\u00e1ng ti\u1ebfp theo, MicroStrategy (t\u00ean g\u1ecdi c\u1ee7a Strategy l\u00fac b\u1ea5y gi\u1edd) \u0111\u00e3 b\u00e1n 704 BTC v\u1edbi gi\u00e1 tr\u1ecb kho\u1ea3ng 11,8 tri\u1ec7u USD khi Bitcoin giao d\u1ecbch quanh m\u1ee9c 16.500 USD. C\u00f4ng ty cho bi\u1ebft giao d\u1ecbch n\u00e0y \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n nh\u1eb1m ghi nh\u1eadn kho\u1ea3n l\u1ed7 thu\u1ebf \u0111\u1ec3 b\u00f9 tr\u1eeb cho c\u00e1c kho\u1ea3n l\u1ee3i nhu\u1eadn trong t\u01b0\u01a1ng lai.<\/p>\n

Hai ng\u00e0y sau \u0111\u00f3, c\u00f4ng ty c\u1ee7a Michael Saylor l\u1ea1i mua th\u00eam 810 BTC, khi\u1ebfn t\u1ed5ng l\u01b0\u1ee3ng Bitcoin n\u1eafm gi\u1eef c\u00f2n l\u1edbn h\u01a1n tr\u01b0\u1edbc khi b\u00e1n.<\/p>\n

Tuy nhi\u00ean, v\u00e0o th\u1eddi \u0111i\u1ec3m \u0111\u00f3, nhi\u1ec1u nh\u00e0 ph\u00ea b\u00ecnh nh\u00ecn th\u1ea5y m\u1ed9t \u00fd ngh\u0129a nghi\u00eam tr\u1ecdng h\u01a1n.<\/p>\n

Ng\u01b0\u1eddi \u1ee7ng h\u1ed9 v\u00e0ng Peter Schiff cho r\u1eb1ng giao d\u1ecbch n\u00e0y \u0111\u00e3 ph\u01a1i b\u00e0y nh\u1eefng v\u1ebft n\u1ee9t trong cam k\u1ebft ki\u00ean \u0111\u1ecbnh c\u1ee7a Saylor \u0111\u1ed1i v\u1edbi Bitcoin v\u00e0 c\u00f3 th\u1ec3 l\u00e0 b\u01b0\u1edbc \u0111\u1ea7u ti\u00ean d\u1eabn \u0111\u1ebfn m\u1ed9t \u0111\u1ee3t thanh l\u00fd quy m\u00f4 l\u1edbn h\u01a1n.<\/p>\n

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“C\u1ed5 phi\u1ebfu MicroStrategy v\u1eeba thi\u1ebft l\u1eadp m\u1ee9c th\u1ea5p nh\u1ea5t m\u1edbi trong 52 tu\u1ea7n, gi\u1ea3m 90% so v\u1edbi m\u1ee9c \u0111\u1ec9nh l\u1ecbch s\u1eed v\u00e0o th\u00e1ng 2\/2021,” \u00f4ng vi\u1ebft trong m\u1ed9t b\u00e0i \u0111\u0103ng kh\u00e1c. “\u0110\u1eebng m\u1eafc sai l\u1ea7m khi ngh\u0129 r\u1eb1ng gi\u1ea3m 90% l\u00e0 c\u01a1 h\u1ed9i mua t\u1ed1t. \u0110\u00e2y kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ed9t \u0111\u1ee3t gi\u1ea3m gi\u00e1, m\u00e0 l\u00e0 m\u1ed9t \u0111\u1ee3t thanh l\u00fd tr\u01b0\u1edbc khi \u0111\u00f3ng c\u1eeda doanh nghi\u1ec7p.”<\/p>\n<\/blockquote>\n

L\u1ecbch s\u1eed \u0111\u00e3 di\u1ec5n ra theo m\u1ed9t h\u01b0\u1edbng ho\u00e0n to\u00e0n kh\u00e1c.<\/p>\n

Thay v\u00ec \u0111\u00e1nh d\u1ea5u s\u1ef1 kh\u1edfi \u0111\u1ea7u c\u1ee7a m\u1ed9t chu k\u1ef3 b\u00e1n ra, giao d\u1ecbch th\u00e1ng 12\/2022 l\u1ea1i di\u1ec5n ra g\u1ea7n nh\u01b0 ngay t\u1ea1i \u0111\u00e1y c\u1ee7a th\u1ecb tr\u01b0\u1eddng g\u1ea5u. Trong nh\u1eefng n\u0103m ti\u1ebfp theo, Bitcoin ph\u1ee5c h\u1ed3i l\u00ean c\u00e1c m\u1ee9c \u0111\u1ec9nh l\u1ecbch s\u1eed m\u1edbi, trong khi Strategy m\u1edf r\u1ed9ng \u0111\u00e1ng k\u1ec3 l\u01b0\u1ee3ng n\u1eafm gi\u1eef c\u1ee7a m\u00ecnh. Kho Bitcoin c\u1ee7a c\u00f4ng ty \u0111\u00e3 t\u0103ng t\u1eeb kho\u1ea3ng 132.500 BTC v\u00e0o cu\u1ed1i n\u0103m 2022 l\u00ean h\u01a1n 843.000 BTC \u1edf th\u1eddi \u0111i\u1ec3m hi\u1ec7n t\u1ea1i.<\/p>\n

Kinh nghi\u1ec7m \u0111\u00f3 c\u00f3 th\u1ec3 khi\u1ebfn nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 cho r\u1eb1ng l\u1ea7n b\u00e1n m\u1edbi nh\u1ea5t c\u0169ng kh\u00f4ng c\u00f3 nhi\u1ec1u \u00fd ngh\u0129a. Tuy nhi\u00ean, suy ngh\u0129 nh\u01b0 v\u1eady c\u00f3 th\u1ec3 khi\u1ebfn h\u1ecd b\u1ecf qua vi\u1ec7c b\u1ea3n th\u00e2n c\u00f4ng ty \u0111\u00e3 thay \u0111\u1ed5i r\u1ea5t nhi\u1ec1u.<\/p>\n

Strategy c\u1ee7a n\u0103m 2022 v\u1ec1 c\u01a1 b\u1ea3n l\u00e0 m\u1ed9t doanh nghi\u1ec7p n\u1eafm gi\u1eef Bitcoin b\u1eb1ng \u0111\u00f2n b\u1ea9y t\u00e0i ch\u00ednh.<\/p>\n

Strategy c\u1ee7a n\u0103m 2026 l\u1ea1i l\u00e0 m\u1ed9t ph\u01b0\u01a1ng ti\u1ec7n t\u00e0i ch\u00ednh ph\u1ee9c t\u1ea1p h\u01a1n r\u1ea5t nhi\u1ec1u, \u0111\u01b0\u1ee3c x\u00e2y d\u1ef1ng xoay quanh vi\u1ec7c s\u1edf h\u1eefu Bitcoin. C\u00f4ng ty hi\u1ec7n \u0111ang v\u1eadn h\u00e0nh m\u1ed9t c\u1ea5u tr\u00fac v\u1ed1n bao g\u1ed3m tr\u00e1i phi\u1ebfu chuy\u1ec3n \u0111\u1ed5i, c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu ph\u1ed5 th\u00f4ng v\u00e0 nhi\u1ec1u lo\u1ea1i c\u1ed5 phi\u1ebfu \u01b0u \u0111\u00e3i kh\u00e1c nhau nh\u1eb1m thu h\u00fat c\u00e1c nh\u00f3m nh\u00e0 \u0111\u1ea7u t\u01b0 ri\u00eang bi\u1ec7t.<\/p>\n

Trong b\u1ed1i c\u1ea3nh \u0111\u00f3, vi\u1ec7c b\u00e1n 32 BTC tr\u1ecb gi\u00e1 kho\u1ea3ng 2,5 tri\u1ec7u USD, t\u01b0\u01a1ng \u0111\u01b0\u01a1ng ch\u01b0a t\u1edbi 0,004% t\u1ed5ng l\u01b0\u1ee3ng Bitcoin n\u1eafm gi\u1eef, g\u1ea7n nh\u01b0 kh\u00f4ng \u0111\u00e1ng k\u1ec3 v\u1ec1 m\u1eb7t t\u00e0i ch\u00ednh.<\/p>\n

Tuy nhi\u00ean, giao d\u1ecbch n\u00e0y c\u00f3 th\u1ec3 ph\u1ea3n \u00e1nh m\u1ed9t th\u1ef1c t\u1ebf l\u1edbn h\u01a1n: vi\u1ec7c b\u00e1n Bitcoin gi\u1edd \u0111\u00e2y kh\u00f4ng c\u00f2n l\u00e0 \u0111i\u1ec1u kh\u00f4ng th\u1ec3 t\u01b0\u1edfng t\u01b0\u1ee3ng \u0111\u01b0\u1ee3c trong m\u00f4 h\u00ecnh ho\u1ea1t \u0111\u1ed9ng c\u1ee7a Strategy.<\/p>\n

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“\u0110\u00e2y c\u00f3 th\u1ec3 ch\u1ec9 l\u00e0 s\u1ef1 kh\u1edfi \u0111\u1ea7u c\u1ee7a nh\u1eefng \u0111\u1ee3t b\u00e1n l\u1edbn h\u01a1n trong t\u01b0\u01a1ng lai,” Schiff vi\u1ebft tr\u00ean X sau khi c\u00f3 tin v\u1ec1 l\u1ea7n b\u00e1n th\u1ee9 hai c\u1ee7a Strategy. “Ngo\u00e0i ra, n\u1ebfu MSTR ch\u1ec9 \u0111\u01a1n gi\u1ea3n l\u00e0 ng\u1eebng mua th\u00eam Bitcoin, \u0111\u00f3 s\u1ebd l\u00e0 m\u1ed9t v\u1ea5n \u0111\u1ec1 r\u1ea5t l\u1edbn \u0111\u1ed1i v\u1edbi Bitcoin.”<\/p>\n<\/blockquote>\n

\u0110i\u1ec1u \u0111\u00f3 kh\u00f4ng c\u00f3 ngh\u0129a l\u00e0 c\u00f4ng ty \u0111ang t\u1eeb b\u1ecf chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y.<\/p>\n

Strategy v\u1eabn ti\u1ebfp t\u1ee5c mua Bitcoin m\u1ed9t c\u00e1ch m\u1ea1nh m\u1ebd v\u00e0 huy \u0111\u1ed9ng v\u1ed1n \u0111\u1ec3 t\u00e0i tr\u1ee3 cho c\u00e1c th\u01b0\u01a1ng v\u1ee5 mua m\u1edbi. Nh\u01b0ng kh\u00e1c v\u1edbi n\u0103m 2022, c\u00e2u h\u1ecfi hi\u1ec7n nay kh\u00f4ng c\u00f2n l\u00e0 li\u1ec7u Strategy c\u00f3 bao gi\u1edd b\u00e1n Bitcoin hay kh\u00f4ng.<\/p>\n

C\u00e2u h\u1ecfi quan tr\u1ecdng h\u01a1n l\u00e0 li\u1ec7u nh\u1eefng l\u1ea7n b\u00e1n trong t\u01b0\u01a1ng lai v\u1eabn ch\u1ec9 l\u00e0 nh\u1eefng tr\u01b0\u1eddng h\u1ee3p ngo\u1ea1i l\u1ec7 hi\u1ebfm hoi, hay s\u1ebd tr\u1edf th\u00e0nh m\u1ed9t c\u00f4ng c\u1ee5 qu\u1ea3n l\u00fd th\u00f4ng th\u01b0\u1eddng trong \u0111\u1ebf ch\u1ebf d\u1ef1 tr\u1eef Bitcoin ng\u00e0y c\u00e0ng tinh vi m\u00e0 c\u00f4ng ty \u0111ang x\u00e2y d\u1ef1ng.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n

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\"(Getty<\/figure>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 r\u00fat 1,67 t\u1ef7 USD<\/strong> kh\u1ecfi c\u00e1c s\u1ea3n ph\u1ea9m \u0111\u1ea7u t\u01b0 t\u00e0i s\u1ea3n s\u1ed1 trong tu\u1ea7n tr\u01b0\u1edbc, trong \u0111\u00f3 c\u00e1c qu\u1ef9 Bitcoin ghi nh\u1eadn m\u1ee9c r\u00fat v\u1ed1n h\u00e0ng tu\u1ea7n l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u n\u0103m nay, theo m\u1ed9t b\u00e1o c\u00e1o m\u1edbi t\u1eeb CoinShares.<\/p>\n

Nh\u1eefng \u0111i\u1ec3m c\u1ea7n bi\u1ebft:<\/strong><\/p>\n