Metaplanet Spends $13.4M on Yet Another Bitcoin Buying Spree You Can Win the Crypto King with BTC Bull Token
Japan's Metaplanet purchased 156 more Bitcoin for $13.4 million, increasing its total Bitcoin holdings to 2,391 Bitcoin worth $219.5 million. The company's Bitcoin investment has grown 13% since April of last year, and they are considering listing their Bitcoin shares in the US. Metaplanet's CEO recently met with representatives from the New York Stock Exchange and Nasdaq. Bitcoin's price has risen 7.11% since the previous day. A new cryptocurrency project, BTC Bull Token (BTCBULL), aims to let users gain from Bitcoin's price increases without directly owning it. BTCBULL holders can receive Bitcoin airdrops when Bitcoin reaches price milestones like $150,000, $200,000, and $250,000. A large airdrop is planned for when Bitcoin reaches $250,000. Additionally, a portion of BTCBULL's supply will be burned each time Bitcoin's price increases by $25,000. 10% of the total BTCBULL supply is allocated for staking with a current annual percentage yield of 137%. The BTCBULL presale price is $0.00239, and it is expected to increase soon.