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Metaplanet has surged past Elon Musk’s Tesla to become the world’s fifth‑largest corporate Bitcoin holder, adding 1,234 BTC in a $132.7 million buy.
The Japan‑based firm now holds 12,345 Bitcoin, putting it within striking range of CleanSpark and Galaxy Digital, and comfortably ahead of Tesla’s 11,509 BTC, according to BitcoinTreasuries data.
Metaplanet’s latest purchase came at an average price of $107,557, according to a disclosure today by CEO Simone Gerovich. The move comes a day after it announced a $515 million fundraising to buy more BTC.
Traders FOMO Buy This Bitcoin-Gifting ICO With Time Running Out
Such institutional buys are buoying sentiment around the crypto market, especially for projects like BTC Bull Token (BTCBULL).
It is a meme coin ICO that promises to reward token holders with free Bitcoin when the king of cryptos hits certain new all-time highs. Just four days remain for early buyers to join.
BTCBULL aims to reward its investors as the leading crypto climbs all the way to $1 million per coin and beyond. To do this, the project has set specific price milestones that will trigger BTC airdrops as the Bitcoin price soars.
The first of those airdrops will happen when Bitcoin breaks above $150K for the first time. Thereafter, every new $50K milestone will trigger another airdrop. This gives investors a way to grow their BTC exposure without having to buy Bitcoin directly.
Instead, investors will only have to buy BTCBULL, which is currently priced at $0.00258 in presale – a bargain compared to Bitcoin’s price above $100K.
BTC Bull Token will also deliver regular BTCBULL token burns. These supply reductions will follow the same $50K-milestone schedule, but will kick off when Bitcoin breaks $125K.
With the burns, the meme coin is set to become more scarce, which will most put upward pressure on BTCBULL’s price.
Popular YouTube channel 99Bitcoins, which has over 723K subscribers, says BTCBULL has the potential to soar 10X after its imminent launch.
With its meme coin appeal, the chance to receive free Bitcoin and the bullish predictions from experts like 99Bitcoins, it’s no wonder BTCBULL has raised over $7.4 million in presale so far.
With just over 4 days left until the BTCBULL presale ends, interested investors should hurry to secure the best deal.
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