There’s no stopping the Michael Saylor-led Strategy as it bought an additional 196 Bitcoin ($BTC) yesterday, worth around $22M.
This recent acquisition is its eighth-straight week of Bitcoin purchases, which further extended its lead as the largest Bitcoin treasury company.
Continued bullishness on the world’s most valuable cryptocurrency has reflected the crypto market in general, which has been in recovery mode since the week began.
It also puts the spotlight on some of the best crypto to buy, including Best Wallet Token ($BEST) and Bitcoin Hyper ($HYPER).
Strategy Grows Bitcoin Holdings Even as Its Stock Price Slides to $300
Strategy further cemented its status as the top Bitcoin treasury company with a fresh purchase of 196 $BTC yesterday.
Its most recent Bitcoin buy is the third-smallest of the year after its 130 $BTC and 155 $BTC purchases in March and August respectively. Despite that, it remains the top Bitcoin treasury company with its 640,031 $BTC holdings.
Source: Strategy
This comes after the company’s $MSTR stock price dipped to just above $300 after a rally to $455.90 in July. According to crypto analyst JA Maartun, it is the lowest level the company’s stock has seen in six months.
Source: X/@JA_Maartun
Despite that, the latest buy signals Strategy’s continued bullishness on Bitcoin, which the company acquired at an average price of $73,983. This also reflects positively on the crypto market, which has bled profusely over the past month.
With October historically a period of recovery, this bodes well for some of the best crypto to buy right. Let’s take a look at the top three.
1. Bitcoin Hyper ($HYPER) – Making the Bitcoin Ecosystem Faster, Cheaper, and More Scalable
Bitcoin may be the most valuable crypto, but it’s beset with issues. Transactions are typically slow and expensive, and you can’t do much about it aside from being a store of value.
Bitcoin Hyper ($HYPER), however, is set to change that with its Layer-2 (L2) network.
Once launched, the L2 will deliver Solana-level speeds and low transaction costs, as it will integrate the Solana Virtual Machine. In addition, it’ll allow you to use your $BTC for more applications, such as staking, trading, meme coins, and interacting with dApps.
To make this possible, the project team is running its $HYPER token presale. As a token holder, you’ll be able to use it to pay for gas fees on the L2, as well as get access to exclusive features and governance rights.
For now, you can buy tokens through its official presale website. Get started by connecting your crypto wallet to the presale widget, entering the number of tokens you want to buy, and paying with your credit/debit card or crypto.
Each token costs just $0.013005, which you can claim after the presale or stake to enjoy 61% p.a. staking rewards.
The presale has already raised over $19.2M, making it one of the hottest presales of the year.
Join the Bitcoin Hyper presale today.
2. Best Wallet Token ($BEST) – Powering the Up-and-Coming Crypto Wallet
Best Wallet Token ($BEST) is the native token of the crypto wallet of the same name. By holding these tokens, you’ll be able to enjoy added perks within the Best Wallet ecosystem.
These benefits include lower transaction costs, early access to presales in the Token Launchpad, and governance rights.
That’s because the Best Wallet app is more than just a way to store your crypto. You can also buy and trade crypto, invest in the latest presale crypto projects, and more.
To get your share of tokens, head to the official Best Wallet Token presale page and buy them at just $0.025715 each. But be quick since there are only a few hours left before the next price increase. Lock the tokens in at this price while you still can.
Of course, you can stake your tokens after buying them. At the moment, you’ll get 82% p.a. staking rewards, but this can still change as more $BEST holders lock in their tokens in the staking pool.
To date, the presale has raised over $16.1M – proof of the growing demand for a highly capable crypto wallet.
Buy your Best Wallet Tokens here.
3. Pudgy Pandas ($PANDA) – Helping Save the World’s Pandas, One Token at a Time
Pudgy Pandas ($PANDA) is a token presale geared to help save one of the world’s most vulnerable species – pandas.
Through the funds it’ll raise, the team plans to create a panda conservation foundation that will provide long-term protection for these pandas. In addition, it’ll launch a birth initiative, which aims to support the growth of the world’s panda population.
Pudgy Pandas will also ensure that pandas caged in various zoos worldwide are finally freed through a series of campaigns, like its Wall of Shame and $freethepandas campaign.
You can be a part of this noble cause by investing in its token presale. A heads up, though… This is a short presale, running for just 33 days – from September 15 to October 18. So if you want to get involved, be sure to act as quickly as you can.
There are 11 price increase stages in all. At the moment, five stages have been sold out, which has brought the $PANDA token price from the initial $0.02100 to the current $0.03937.
With the presale ending in 17 days, the project team has already raised a whopping $4.2M+, which goes to show that crypto projects can be a tool for good and not just an investment.
Read the Pudgy Pandas whitepaper for more details.
Disclaimer: This content has been supplied by a third party contributor. Brave New Coin does not endorse or promote any products or services mentioned herein. Readers are encouraged to conduct independent research before making any financial decisions. The information provided is for informational and educational purposes only and should not be interpreted as investment advice.
Source: https://bravenewcoin.com/partner/best-crypto-to-buy-strategy-usd-22m-bitcoin-buy
