Michael Saylor’s strategy recently purchased 4,048 $BTC at an average price of $110,981, totaling a $449 million investment.
This is the fourth purchase in just over 30 days, following August’s previous three acquisitions, which totaled an additional $426M investment.
After the purchase, Saylor went to X to announce an increase in the annual dividend rate for $STRC from 9.0% to 10.0%
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Strategy’s move was expected in September, given Bitcoin’s August dip, which Saylor simply couldn’t resist.
The large purchase could cause a perfect storm in the market, sparking the alt season and drawing attention to projects like Bitcoin Hyper ($HYPER). As a Layer 2 upgrade, Hyper aims to enhance Bitcoin’s performance with faster and cheaper transactions.
SharpLink increased its Ethereum holdings to 837,230 coins after purchasing 39,008 $ETH at an average price of $4,531.
The company announced the purchase on X, stating it still has $71.6M remaining to deploy, which indicates additional investments are coming soon.
SharpLink is also following Strategy’s crypto approach but chose to build its treasury around Ethereum instead of Bitcoin, the second largest in the market, with a market cap of over $520M.
At the same time, Yunfeng Financial, the financial tech firm linked to Jack Ma, the Alibaba founder, bought 10,000 as well, for a total investment of $44M.
According to the official announcement, the company believes that:
[…] The ETH’s inclusion as the Company’s strategic reserve assets aligns with the Group’s expansion into frontier areas like Web3 and supplies essential infrastructure support for Real World Assets (RWA) tokenization efforts.
These large purchases indicate that institutions aren’t worried about the September bear market and continue to buy the dip whenever opportunities arise.
The most likely cause of this hoarding behavior is Trump’s GENIUS Act, which is already in its implementation phase, with October marking the first developmental milestone.
This indicates one thing: the Bitcoin bull is about to take over. We’re already seeing the first signs, as Bitcoin’s 24-hour trading volume has increased by 12%, with the price pushing toward 112K.
This is also the perfect time to check Bitcoin Hyper, the Layer 2 that promises to change Bitcoin forever.
Bitcoin Hyper ($HYPER) is the Layer 2 upgrade that promises to take Bitcoin’s performance to Solana-level numbers. The result is faster and cheaper transactions and a high throughput for sky-high scalability.
This would finally make Bitcoin practical for institutional investors and even payment processors that handle thousands of transactions per second. One example is Visa, which has a capacity of 65,000 transactions per second (TPS).
Bitcoin can’t handle that, given its limitation of 7 TPS, which puts it at the 27th position on the list of blockchains with the highest TPS.
Hyper changes that with the help of tools like the Canonical Bridge and the Solana Virtual Machine (SVM).
The Canonical Bridge connects Hyper to Bitcoin’s Layer 1, which allows it to mint the user’s $BTC into Layer 2. This decongests the Bitcoin network, unlocks unprecedented scalability numbers, and lowers transaction times from hours to seconds.
Users can use their Bitcoins on the Hyper layer or withdraw them to Layer 1 whenever needed.
The Solana Virtual Machine (SVM) takes things one step further by unlocking the ultra-fast execution of smart contracts and DeFi apps, making Bitcoin highly responsive and performant.
These tools turn Hyper into a high-performance layer, which could transform the Bitcoin ecosystem in all the ways the Lightning Network failed to.
The presale has now surpassed $13.6M in just three months since it began in May, with $HYPER sitting at $0.012845.
The token has significant long-term potential because of its usefulness and connection to the Bitcoin ecosystem. An upcoming end-of-the-year altcoin season is likely to boost investor interest as the presale approaches its final milestones.
If you want to catch the $HYPER train before it goes public, go to the official presale page and buy your $HYPER today.
Bitcoin might be on the verge of a bull run, and Strategy could be the key driver. Once $BTC breaks the psychological level at $115K, we might see a steady surge toward $122K.
Unless it dips again, which will lead to another Strategy buy, and repeat.
Either way, 2025 is Bitcoin’s year and, with Bitcoin Hyper’s ($HYPER) help, all following years will be too.
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