Japanese investment firm Metaplanet has taken the next step in its ambitious plan to acquire 1% of all Bitcoin by the end of 2027. That’s a massive 210K $BTC.
And with yet another strong indicator of the financial market’s faith in Bitcoin, one presale might just become the focal point of investors all around the world.
Let’s dig into today’s news and see how it pans out for crypto.
The zero-interest bonds are set to mature in December and the cash from the sale is earmarked for more $BTC buys.
Through our 555 Million Plan, Metaplanet is doubling down on a high-conviction, equity-driven capital markets strategy to accelerate our Bitcoin accumulation trajectory.
Metaplanet also reafirrmed Strategy’s position that $BTC-backed securities are an essential link between old and new finances.
The company also said that, as Bitcoin is ‘dematerializing’ the $300T store-of-value market, Metaplanet will capture 1% of it.
In more good news for crypto, the Trump Media & Technology Group (TMTG) has announced that the SEC has approved its Bitcoin Treasury plan.
This means the company can use the $2.3B raised from 50 institutional investors to buy $BTC.
Trump Media is the publicly listed company behind the Truth Social platform, streaming service Truth+, and the soon-to-be-launched fintech Truth.fi.
The Bitcoin blockchain scores top marks when it comes to security. But in terms of speed and transaction fees, it pales in comparison to the likes of Solana, which is renowned for its speed and low transaction costs.
That’s exactly what $HYPER will tackle with its L2 ecosystem. Incorporating Bitcoin’s excellent security protocols, it adds further scalability to ensure speedy sub-second transactions and near-zero gas fees.
It’s a win-win for $HYPER holders. Whether you’re a dev, builder, or degen, that cross-chain compatibility means instant access to dApps and DeFi.
The $HYPER presale kicked off in May, but it’s already raised $1.3M, signaling strong investor interest.
Furthermore, the impressive staking rewards, which currently stand at 576%, are no doubt sweetening the deal.
Once the presale ends, the project team plans to list $HYPER on DEXs and CEXs simultaneously – most likely towards the end of the year. And as is often the case, we expect a decent hike in value when $HYPER lists.
And the knock-on effect of that positive market sentiment could also see the best new meme coins – among them Bitcoin Hyper – explode in the near future.
