The corporate Bitcoin sector has just smashed a major milestone. Public companies now own over 1M $BTC, showing massive confidence in the growing crypto market.
Read on for three of the best cryptos to buy as institutional adoption skyrockets.
While MARA has successfully pivoted from a mining company into the treasury world, many mining firms chose to liquidate their $BTC holdings during the 2022 bear market. Overall, there’s been a serious shift from mining to accumulation.
Whether through shares in publicly traded companies or via ETFs, there’s never been more options for retail and institutional investors to increase their exposure to $BTC without holding it. That means more inflows, which is great for the crypto market as a whole.
That’s why we’ve identified three projects we think are ideally placed to capitalize on the increasing relevance of crypto as an investment asset.
It’s easy to use, too. Simply send your $BTC through Bitcoin Hyper’s Canonical Bridge, which will mint an equivalent amount of wrapped $BTC deposited into your account on the Layer-2. Want to withdraw? Just send your $wBTC back and receive your $BTC on the Layer-1.
The official Bitcoin Hyper token, $HYPER, keeps everything ticking over. You’ll get lower fees when you use $HYPER to trade crypto, as well as when you execute a smart contract on the Layer-2.
It’s a strong litmus test of the community sentiment behind the Bitcoin Hyper project, too – to date, over $14M of $HYPER has been sold in the token presale. If you act quickly, you can still pick it up for $0.012865 ahead of future price rises.
Once you have the alpha, you can choose which coins to buy and sell using automated orders. Snorter executes these for you based on the price points you pick, so you won’t have to check your phone constantly.
Ethereum is a decentralized blockchain that allows for the execution of verified on-chain code. $ETH has consistently held second place against $BTC and has also received heavy institutional investment from firms such as BitMine and SharpLink Gaming.
$ETH isn’t just appealing as an alternate crypto when $BTC value drops – it’s the token that powers an entire ecosystem of dApps, offering everything from decentralized finance to on-chain real-estate.
$ETH has just climbed back to over $4.4K and seems set to grow as $BTC faces continued price uncertainty after its recent ATH. It’s currently up 84% over the year after an early Q2 crash.
In the meantime, continued expansion of Bitcoin treasuries will open the way for retail and institutional investors to invest in $BTC, bringing more capital into the crypto space as a whole.
All crypto products are volatile. Be sure to always do your own research before investing – and only invest what you’re prepared to lose. This article is not financial advice.