Michael Saylor has just purchased 525 more Bitcoins, increasing Strategy’s total BTC holdings to 638,985, valued at approximately $73B.
Anchored in Saylor’s thesis that Bitcoin is superior to gold, Strategy has parked its cash reserves in $BTC, shielding itself from inflation and currency fluctuations.
Despite a recent dip in the Strategy’s stock price, several companies and some US states are considering similar moves with their own treasuries.
Several countries hold large $BTC reserves through mining operations, law enforcement seizures, and strategic purchases:
Other $BTC-holding countries include the UAE, Venezuela, and Finland.
Governments are using Bitcoin as a strategic reserve asset, hedging against inflation and for economic planning. But that’s not all.
The corporate world is following the same playbook, adopting parallel strategies for accumulating Bitcoin and its role as a modern store of wealth:
The massive corporate $BTC adoption has increased institutional and retail market confidence in the coin. This sentiment has spilled over to Bitcoin Hyper’s presale, significantly increasing demand for the token.
The token not only upgrades the slow and aging Bitcoin blockchain, but also allows developers, builders, and degens to engage in high-speed, high-octane transactions and dApps.
While designed to supercharge the Bitcoin ecosystem, $HYPER also unlocks a variety of utilities including:
Bitcoin Hyper is currently priced at $0.012925, just a hair under its official listing price of $0.012975, meaning you can secure some gains already without any whale premium or retail markup.
This is not financial advice, so do your own research before investing!