MicroStrategy Raises $2 Billion to Fuel Bitcoin Spending BTC Bull Token Holders to Benefit?
Despite stabilizing above the $100,000 level throughout the second half of January and entering February at $102,196, Bitcoin (BTC) dropped to $93,529 yesterday. However, it managed to recover following the news of additional institutional investment, with its price currently standing at $96,359.
As Bitcoin shows potential to soar again, investors are turning to a new presale project that intends to capitalize on the leading cryptocurrencys success. BTC Bull token (BTCBULL) has already raised over $2.3 million just nine days into its presale, as investors rush to secure their share of the token.
The project intends to reward its community as Bitcoin grows, and since the rewards will scale with the amount held by investors, its ICO represents a perfect opportunity to start accumulating BTC Bull token on the ground floor.
MicroStrategys Upcoming Investment Could See BTC Bull Tokens Roadmap Progress Faster Than Expected
MicroStrategy Inc. unveiled its now raising $2 billion to purchase more Bitcoin as a part of its plan that will see the company acquire a total of $42 billion worth of Bitcoin by 2027. The company currently holds 478,740 BTC, representing 2.28% of the total 21 million BTC supply.
Throughout 2024, the year that saw Bitcoin skyrocket from the $42,000 level to above $100,000, MicroStrategy Inc. purchased 258,320 BTC for $22.07 billion, according to its founder Michael Saylor.
As MicroStrategy Inc. prepares to purchase more Bitcoin, BTC Bull Tokens unique roadmap could see the project dish out the first rewards to BTCBULL holders this year.
Source: Twitters X
The project intends to follow Bitcoins surge to $250,000 and reward its community each time BTCs price increases by $25,000.
Once Bitcoin hits $150,000 and $200,000, BTC Bull Token intends to airdrop BTC to its holders, with BTCBULL rewards awaiting those who still hold the token when BTC reaches $250,000.
The BTC Bull Token team also intends to burn a total of 15% of its supply via three separate token burn events occurring once Bitcoin hits $125,000, $175,000, and $225,000, bolstering scarcity.
Expert Highlights BTC Bull Tokens Massive Staking Rewards and Explosive Potential
With 10% of the total BTC Bull token supply allocated to staking rewards, which currently offer an 184% APY, investors dont have to wait for BTC to reach $250,000 to start maximizing their investment.
Despite the 2-year vesting period, over 571 million BTCBULL have already been added to the staking pool by early supporters, reflecting their confidence in the projects long-term success. As investors lock more tokens, though, the yield will decrease, ensuring early backers get the best rewards.
Impressed by BTC Bull Tokens unique approach to the market, crypto analyst ClayBro urges his 136,000-strong YouTube audience to enter the presale during its early stages and take advantage of its generous staking APY.
The expert has also pointed out that the brokerage firm Bernstein believes Trumps pro-crypto administration might consider selling gold to accumulate Bitcoin if the planned Strategic Bitcoin Reserve (SBR) is implemented in the US.
He anticipates that heightened investor interest, combined with the scarcity from scheduled token burns during Bitcoins potential surge, could propel BTC Bull Token to skyrocket.
BTC Bull Tokens Emphasis on Investor Security and Community Growth Drives Investor Interest Heres How to Buy
Investors can currently purchase BTC Bull token for $0.00237 each via the presale website using BNB, ETH, USDT, or a credit or debit card. No minimum investment is required, making the presale equally accessible to smaller traders and whales.
Alternatively, investors can purchase and hold it in Best Wallet, which also makes them eligible for the BTC airdrops.
The project allocated a massive 40% of its total token supply to marketing, which has already helped it gather over 7,000 followers across X (Twitter) and Telegram.
Analyzing its tokenomics further shows that BTC Bull Token emphasizes investor trust, with 10% of the total token supply reserved for liquidity, which reduces the risk of a rug pull and fosters a safer trading environment.
Additionally, the projects smart contract was audited by Coinsult and SolidProof months before the presale kicked off. The two security firms confirmed there are no underlying critical issues in its code.
With the projects developers confident in Bitcoins potential to soar past the $1 million mark over the next years, BTC Bull Token could see an updated roadmap once the leading cryptocurrency reaches $250,000, which could bring more rewards to its community.
The post MicroStrategy Raises $2 Billion to Fuel Bitcoin Spending BTC Bull Token Holders to Benefit? appeared first on CryptoNinjas.
Text source: CryptoNinjas
