Bitcoin treasury holdings have crossed 1M $BTC, locking up nearly 5% of the total supply. As scarcity intensifies, watch out for the next crypto to 1000x.
Last week was a busy week in the Bitcoin space as crypto treasuries went on a buying spree – Strategy leading the pack as usual. Bitcoin treasury holdings have now crossed 1M $BTC, locking up nearly 5% of the total supply.
The shrinking number of bitcoins available makes the cryptocurrency scarcer and thus more valuable. This boosts Bitcoin-related profits, giving investors more funds to invest in other promising projects like Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST), and increasing their chances of being the next crypto to 1000x.
Strategy Retains its Lead in Last Week’s Bitcoin Buys
Strategy kicked off September with a market-leading purchase of an 4,048 $BTC – larger than its August buys combined. This fresh purchase brought its total to 636,505 $BTC.
Meanwhile, MARA Holdings further cemented its status as the world’s number two Bitcoin treasury company with its 1,838 $BTC buy.
Then there’s Japan’s Metaplanet, which bought an additional 1,009 $BTC. It now has 20K $BTC, putting it at the number six spot in the world’s largest Bitcoin treasury companies.
Aside from the usual suspects, new players have also emerged with their respective Bitcoin buys last week.
These include the Trump family-backed American Bitcoin, which bought 502 $BTC.
In total, treasuries bought around 9.8K $BTC last week, according to btcNLNico on X.
With this new round of buys, Bitcoin treasuries now hold over 1M $BTC, or about 4.7% of the total Bitcoin supply. This makes the asset scarcer, which boosts its long-term value.
In the broader crypto market, this could further fuel a bullish sentiment and lead traders to seek other assets, particularly those with the potential to 1000x. We saw this same trend when Strategy first started buying up Bitcoin.
If you’re on the lookout for new investments, you may want to consider the following:
1. Bitcoin Hyper ($HYPER) – $14.4M Raised and Growing
Bitcoin’s increasing value tends to have a halo effect on related projects, especially those that improve or build on it. One such project is Bitcoin Hyper ($HYPER).
This project aims to build a Bitcoin Layer 2 to help make transactions faster and cheaper in the Bitcoin ecosystem.
The L2 runs on a Solana Virtual Machine (SVM) to provide a fast lane for Bitcoin’s congested highway, bringing Solana-level speeds and low transaction fees to the world’s favorite crypto.
In addition, the SVM will enable bitcoins to be used for previously impossible applications, including staking and interacting with dApps.
Bitcoin Hyper makes all this possible while retaining the base Bitcoin blockchain’s robust security.
Powering this project is its native $HYPER token. When the L2 launches, you’ll be able to use it to pay for gas and other transaction fees. It’ll also secure access to exclusive features and governance rights.
For now, you can purchase tokens via the official Bitcoin Hyper presale page for $0.012875 each, and stake them for APY rewards.
With its strong concept and growing demand for Bitcoin, the project has seen investors pour over $14.4M into the presale.
Build Bitcoin’s future – stake your $HYPER now for 76% APY rewards.
2. Best Wallet Token ($BEST) – Powering Best Wallet’s Growth with Over $15.6M Raised
The Best Wallet Token ($BEST) presale is a fundraiser for the new crypto wallet that shares its name.
Best Wallet is a multi-chain crypto wallet designed for users who want fast access to new projects, low fees, and seamless cross-chain support.
The global crypto wallet market is projected to hit $100.8B by 2033, growing at a blistering 26.3% CAGR.
As a $BEST holder, you’ll get to capitalize on this growth while gaining exclusive perks within the Best Wallet ecosystem. These include low transaction fees, governance rights, and early access to the year’s best presales on its Token Launchpad.
Priced at $0.025605, it’s an affordable way to invest in a crypto wallet that aims to grab a huge chunk of the market by 2026.
Its token presale has already raised over $15.6M, signaling the tremendous interest it has gotten from the market.
Investors have also staked over 313M $BEST tokens, allowing them to earn 85% p.a. in passive rewards.
After all, Best Wallet isn’t just an app for storing your digital assets. You can also buy, swap, and trade them here. Plus, the Token Launchpad lets you get first dibs on the best new crypto before they explode.
To get your share, go to the official Best Wallet Token presale page, connect your crypto wallet to the presale widget, and buy $BEST with your credit/debit card or crypto.
Buy Best Wallet Token today and put your crypto wallet to work.
3. Little Pepe ($LILPEPE) – Hopping Over the Competition with $24.8M Raised
Pepe’s kid brother, Little Pepe ($LILPEPE) is growing up fast. While it’s still early days, with over $24.8M raised in presale, Little Pepe’s no mere tadpole.
This isn’t your typical Pepe coin that just relies on its meme appeal, either. $LILPEPE lets you invest in the Layer 2 Ethereum Virtual Machine (EVM) its team is building.
Once the L2 rolls out, it’ll power memes with exceptional speed, security, and low fees. With $LILPEPE on hand, the L2 becomes a degen trader’s playground, with benefits such as reduced gas fees, competition entry, and a chance to win your share of a $777K prize pool.
All in all, 26.5M $LILPEPE tokens will be sold during the presale, while the team will set aside 13.5M and 10M tokens for staking and rewards, and marketing, respectively. This token allocation signals that the team is serious about rewarding early adopters.
https://littlepepe.com/little-pepe-whitepaper.pdf
Bitcoin Continues to Dominate
With a fresh round of buys from new and established Bitcoin treasuries, the world’s most valuable cryptocurrency is only getting scarcer and more valuable. This could heat up the market yet again as cash-rich Bitcoin investors seek alternative assets.
As for the next crypto to 1000x, there are plenty of strong options, such as Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST). Both are running successful presales and gearing up to blow once they list on major exchanges. That’s why it’s a good idea to grab some presale tokens now while they’re still cheap.
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Reporter at Coindoo
Source: https://coindoo.com/next-crypto-to-1000x-as-treasury-companies-amass-bitcoin/