Metaplanet don buy $52M Bitcoin, e push $7M Bitcoin Hyper Presale
Metaplanet wey dey Tokyo don buy 463 BTC for $52 million, dem pay average price na $119,500, dis bin boost dem treasury reach 17,595 BTC wey value $1.8 billion. Di company dey use “BTC Yield” metric to measure how dem dey perform compared to share dilution, dem report say yield don reach 24.6% since July and 129.4% for Q2. Meanwhile, Bitcoin Hyper presale don raise $7 million for their HYPER token. Bitcoin Hyper na Layer 2 solution wey dem build on top Solana Virtual Machine (SVM) wey dey offer sub-second transactions and almost zero fees. E dey support smart contracts, cross-chain transfers, staking, governance, and token launches across Bitcoin, Ethereum, and Solana networks. Presale dey price am $0.012525 per HYPER token and e dey reward early investors with governance rights and incentives. Dis moves show say more institutions dey interested for Bitcoin plus fresh Layer 2 innovation for the crypto market.
Bullish
Metaplanet buy $52M Bitcoin show say institution dem wan buy plenty, e gree boost BTC price for front. For history, big company like MicroStrategy dey buy steady before price go high. This kain buy show say people dey believe Bitcoin as way to keep money value and fit make other company follow, so price fit go up for medium time. For same time, $7M Bitcoin Hyper presale show say Layer 2 technology dey grow, e get new way to use wey fit make small buyers dem come. Before Layer 2 projects like Lightning Network don help increase how blockchain work and ecosystem grow. For short time, HYPER token sale fit make people dey trade based on hope, but for long time, if Bitcoin Hyper catch on with cross-chain and smart contracts, e go make network work well and people go need BTC more. All these thing together show say crypto market get better chance, as institution dem dey buy and technology improve, traders dey see am as good sign.