With its latest Bitcoin buy, Strategy maintains its status as the number one corporate crypto holder in the world.
This news comes as the Bitcoin Hyper ($HYPER) project reached a monumental milestone, raising $8.5M so far in its token presale.
In a post on X, Saylor shared his company’s acquisition of an additional 155 $BTC, growing its holdings to 628,946 $BTC.
This is the Strategy’s second-smallest buy of the year after March, where it acquired 130 $BTC. Despite that, its consistent rounds of acquisitions this year have allowed the company to enjoy a $BTC yield of 25% YTD.
The world’s most valuable cryptocurrency has peaked at around $122.3K yesterday as the White House announced that it is allowing retirement funds to invest in crypto.
Moreover, Harvard’s $117M investment in BlackRock’s Bitcoin ETF further fueled the cryptocurrency’s surge in the last 24 hours.
Bitcoin has been a bit more subdued in the past several hours and is currently trading at around $118.612.
Source: CoinMarketCap
Continued buys from the likes of Strategy and Harvard reconfirm Bitcoin’s status as the world’s number one cryptocurrency.
Bitcoin’s growth creates a rising tide for the entire crypto market, especially for projects that build on or around $BTC.
For example, Bitcoin Hyper ($HYPER) directly benefits because it’s a Layer 2 solution that enhances Bitcoin’s utility, speed, and scalability. As more $BTC enters circulation and investor interest grows, the demand for ways to use $BTC beyond holding increases, precisely what Bitcoin Hyper enables through its canonical bridge and Solana-based smart contract layer.
When launched, its canonical bridge will let you move $BTC seamlessly between the original $BTC chain and the high-speed Solana Virtual Machine ecosystem. This unlocks new use cases for Bitcoin holders, including DeFi, staking, and dApps, without leaving the $BTC base.
For now, you can get $HYPER tokens via the Bitcoin Hyper presale page. They only cost $0.01265 each, but a price increase is scheduled in less than two days, so it’s best to act quickly.
You can then choose to stake your purchased tokens in the presale stage. In return for supporting the project, the team offers a generous 127% p.a. staking reward (subject to change depending on how many lock in their tokens).
Connect a crypto wallet such as Best Wallet to the Bitcoin Hyper presale widget to get started. Next, type in how many tokens you want to buy, and then pay for your purchase with your credit/debit card or crypto.
You can learn more about the project in the Bitcoin Hyper whitepaper.
Join the Bitcoin Hyper presale.
With institutional investors like Strategy and Harvard continuing to be bullish on Bitcoin, we expect more growth in the foreseeable future.
Bitcoin bullishness is a boon for related projects like Bitcoin Hyper ($HYPER). Since launching in May, it has already raised $8.5M, reflecting significant momentum behind the upcoming Bitcoin Layer 2.
