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The strategy to increase Bitcoin holdings is not a spur-of-the-moment decision but is based on a well-thought-out set of macro and micro strategic considerations.
Here are several core reasons for increasing Bitcoin holdings, progressing from macro to micro:
I. Macroeconomic strategic level: Responding to the global monetary and fiscal environment
1. Hedging against inflation and depreciation risks of fiat currency:
· Background: Global central banks (especially the Federal Reserve) have conducted unprecedented "quantitative easing" during the pandemic, causing balance sheets to swell dramatically, leading to market concerns about long-term inflation and declining purchasing power of currency.