六月数据图解:比特币(BTC)算力下降15%,26家公司将比特币纳入资产负债表

Cointelegraph中文Published on 2025-07-01Last updated on 2025-07-01

Abstract

比特币(BTC)在六月的采用率显著增长,有26家公司将其纳入资产负债表;与此同时,比特币算力下降了15%。

本月,由于美国遭遇夏季热浪,电网承压,比特币算力下降了15%。加密货币黑客攻击和漏洞利用创下新高,仅六月就给投资者和平台带来了1.5亿美元的损失。

此外,企业纷纷效仿比特币(BTC)积极倡导者兼Strategy执行董事长Michael Saylor的做法,将BTC纳入资产负债表。根据行业追踪服务,目前已有250家公司持有不同形式的比特币储备。

亚洲监管机构正逐步放宽对加密货币的态度,出台新法规,为加密货币税收豁免和稳定币发行提供许可,涉及包括香港和韩国在内的四个国家。

在美国,相关立法在州层面推进,已有10个州正在制定法律,将加密货币纳入商业法规、建立比特币储备,并进一步研究加密货币对本州经济的影响。

以下是六月的关键数据:

六月比特币算力下降15%

比特币网络的算力,即比特币区块链总计算能力,本月大幅下滑了15%。

月初时算力约为942.6百万TH/s(每秒万亿次哈希),目前为799百万TH/s。这一骤降引发了外界对算力下滑原因的诸多猜测,这是比特币三年来最大幅度的算力下降。

部分观点认为原因可能是以色列对伊朗的袭击,这些袭击针对了包括可用于挖矿的关键基础设施,但两者关联性较弱。

事实上,算力早已开始下滑,而美国拥有更多的挖矿活动,目前正经历夏季首次热浪导致的电价飙升。制冷需求增加推高了电价,使得部分运营利润微薄的矿工可能会选择暂时停机,直至温度回落。

六月加密货币被黑客攻击损失达1.5亿美元

加密货币黑客攻击愈发高级,仅六月因黑客和漏洞利用损失达1.5亿美元。

据TRM Labs报告显示,今年迄今为止因黑客和漏洞利用造成的加密货币损失累计达21.5亿美元,比2024年同期高出5亿美元。

TRM指出,包括“私钥和助记词盗窃,以及前端系统被攻破”的基础设施攻击占2025年损失的80%。

相应地,协议攻击——即“针对区块链协议智能合约或核心逻辑漏洞”的攻击,包括闪电贷和重入攻击,仅占损失的12%。

TRM特别强调“国家行为体及其他地缘政治动机团体战略意图升级”,并指出需要加强合作,同时“强化基础安全措施——多因素认证(MFA)、冷存储以及频繁审计”。

250家企业将BTC纳入资产负债表

越来越多的公司在看到软件公司Strategy取得成功后,将比特币加入到自身的资产负债表中。有26家公司在本期新增持有该资产,使得持有比特币作为储备的公司总数达到250家。

Michael Saylor率先提出了将比特币纳入公司资产负债表的想法。自此,Strategy的股票逐渐成为投资者获取比特币敞口的间接工具。

Saylor通过发行债务来为这些比特币购买提供资金的策略逐渐获得认可;尽管发行量有所增加,Strategy公司的股价仍持续上涨。今年6月,MSTR涨幅达6%。

并非所有观察人士都认同这一策略。风险投资(VC)公司Breed在6月发布的一份报告指出,能长期持有比特币储备的公司并不多。该公司提出了一个七步循环理论,假设比特币价格暴跌,将导致BTC被清算并引发市场恐慌。

亚洲四国为加密货币开辟专属政策空间

亚洲四个不同司法辖区在6月出台了有利于加密货币的政策调整。在泰国,内阁(政府行政部门主要机构)批准了财政部提交的提案,将加密货币免除资本利得税政策延长至2029年12月31日。

在韩国,新当选总统李在明领导的执政党民主党提出《数字资产基本法》,兑现了竞选期间允许稳定币发行的承诺。该法案允许拥有至少36.8万美元股本的公司发行稳定币,并为其提供退款担保。

6月20日,韩国央行行长表示,他不反对发行以韩元为基础的稳定币,称“发行韩元稳定币有助于其与美元稳定币兑换,比单纯减少美元稳定币使用更有效。”

马来西亚推出了“数字资产创新中心”监管沙盒。与此同时,香港证券监管机构正在制定允许专业投资者进行加密货币衍生品交易的监管框架。

五家主要加密企业在全球范围获牌

政府层面的加密货币采纳度持续提升,这也意味着加密企业如交易所需不断取得新的或变更中的合规许可,才能维持经营并进入新市场。6月,五家大型加密企业分别在不同司法辖区获得了相关牌照。

Coinbase、Gemini和Kraken均在欧盟获得了根据加密资产市场法规(MiCA)颁发的许可证。这一认证使他们可以为欧洲市场客户提供服务。

Bitget在高加索国家格鲁吉亚获得了许可证,而加密支付相关企业MoonPay则获得了美国纽约州监管机构颁发的BitLicense牌照。

金融科技公司蚂蚁集团和电商巨头京东正寻求与稳定币相关的合规认证。蚂蚁集团表示目前正在香港和新加坡申请牌照,而京东创始人刘强东宣布将推动全球范围内的合规认证以进入稳定币领域。目前尚不清楚京东是否以及将在何处申请相关许可。

美国七个州通过与加密货币相关的法律

虽然本月在联邦层面加密货币行业取得了一项胜利——GENIUS法案于6月17日在参议院通过,但有七个州在各自的加密货币立法方面也取得了进展。

俄勒冈州修订了有关无人认领财产的州法律,将加密货币纳入其中。科罗拉多州也做出了相同调整,同时还颁布了一项法律,要求加密货币ATM机所有者向客户披露特定信息,并在发生欺诈时提供退款。

德克萨斯州州长Gregg Abbott签署了该州的比特币储备法案,同时还实施了一项法律,要求如果加密货币与轻罪或重罪相关,则必须予以没收。

路易斯安那州为加密货币自助服务亭提供商建立了许可体系,并成立了一个专门委员会,研究区块链、加密货币和人工智能。

康涅狄格州更新了货币传输规则和要求,将加密货币,尤其是加密货币自助服务亭纳入监管,并为此类服务引入了许可要求。邻近的罗德岛也对加密货币ATM机制定了标准,同时成立了一个特别立法委员会,专门研究区块链和加密货币。

佛罗里达州似乎对通过加密货币自助服务亭相关规定兴趣不大。要求比特币自助服务亭向金融监管局注册的H0319法案在委员会中被搁置。

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