With Bitcoin, two things are nearly certain.
Someone, somewhere, is declaring Bitcoin ‘dead.’ And someplace else, Metaplanet is buying more.
This could potentially turn out to be bullish for new cryptocurrencies looking to make their mark on the industry. Let’s delve deeper into what this means.
Metaplanet Buries the ‘Bitcoin Is Dead’ Narrative with $268M Portfolio
Recently, an analyst declared Bitcoin dead at a mere $1.9K:
In contrast, here’s what Metaplanet’s current portfolio looks like:
Crypto-wise, Metaplanet holds exclusively Bitcoin. They’re not out chasing the latest crypto presales; they’re simply planning to acquire more $BTC.
Here’s a timeline of their recent Bitcoin purchases:
- 24 Dec, 2024 – started accumulating Bitcoin with approximately 1.6K $BTC, worth $165M
- 17 Feb, 2025 – purchased 269 $BTC for $26.91M
- 20 Feb, 2025 – purchased 68 $BTC for $6.6M
- 26 Feb, 2025 – purchased 135 $BTC for $12.43M
- 3 March, 2025 – purchased 156 $BTC for $14.35M
- 5 March, 2025 – purchased 247 $BTC for $21.69M
- 5 March, 2025 – purchased 250 $BTC for $21.86M
- 12 March, 2025 – purchased 162 $BTC for $13.26M
- 18 March, 2025 – purchased 150 $BTC for $12.51M
This investment strategy has brought Metaplanet’s total Bitcoin holdings to around $268M, with ambitions to accumulate 21K $BTC by 2026, which could be valued at $1.7B at current prices.
Metaplanet, based in Japan, is quickly positioning itself as the MicroStrategy of Asia, striving to be a leading Bitcoin reserve company. Notably, they have added Eric Trump to their advisory board, signaling significant intentions in Bitcoin.
Eric Trump, son of former President Donald Trump, has publicly supported Bitcoin, sharing his views on cryptocurrency through social media and is anticipated to influence pro-Bitcoin policies.
His involvement with Metaplanet may reinforce their Bitcoin ambitions and set the stage for significant advancements in the cryptocurrency sector.
Eric Trump Reinforces Growing Pro-Bitcoin Sentiment
While Eric Trump may not be ‘the’ Trump, his 5.7M followers on social media make him a prominent voice for cryptocurrency in the United States and beyond.
He contributed to the establishment of World Liberty Financial, which concluded a record-setting crypto presale, raising $550M.
His inclusion on the Metaplanet advisory committee enhances connections between the Asian and US financial sectors.
Per Metaplanet’s announcement,
‘This appointment marks a significant step in Metaplanet’s continued mission to drive Bitcoin adoption and strengthen its position as a global leader in the Bitcoin economy.’
If successful, Metaplanet’s strategies could positively affect Bitcoin’s price, especially as more institutions consider accumulating Bitcoin reserves.
This trend may also enhance the outlook for new cryptocurrency projects, given that rising Bitcoin prices tend to uplift the entire market.
New Crypto BTC Bull Poised to Earn Big On Bitcoin’s Gains
BTC Bull, as its name suggests, is heavily invested in Bitcoin’s long-term potential. In fact, the meme coin project rewards $BTCBULL token holders whenever Bitcoin hits major price milestones.
$BTCBULL tokens will be burned at Bitcoin prices of $125K, $175K, and $225K, thereby reducing supply and positively affecting the token’s price.
Additionally, holders of $BTCBULL will receive airdrops in Bitcoin when the price reaches $150K and $200K, with a significant airdrop occurring when Bitcoin hits $250K.
The project presents three avenues for investors to generate returns:
- Momentum from the $BTCBULL memecoin, driving the token price higher.
- $BTCBULL staking rewards for early investors.
- Airdrops in Bitcoin and $BTCBULL at critical price milestones.
Currently, staking rewards for $BTCBULL stand at an impressive 109%, with the current token price at $0.00242 and the presale already accruing $3.8M.
Everyone’s Buying Bitcoin: Buy $BTCBULL to Earn More
As entities from the US government to Metaplanet rush to build their Bitcoin reserves, projects like $BTCBULL are providing innovative ways to leverage Bitcoin.
This momentum indicates that the new crypto project BTC Bull could be positioned for significant breakthroughs in 2025.
However, conduct your research diligently, as the cryptocurrency market is notoriously volatile.
Don’t overlook the opportunities presented by both $BTC and $BTCBULL.