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Breaking News: HYPE Heats Up: Major Company Adds Hyperliquid to Its Crypto Treasury Strategy
Nasdaq Firm Plans $500M Bitcoin Treasury, Boosts One Top Altcoin

Nasdaq Firm Plans $500M Bitcoin Treasury, Boosts One Top Altcoin

Bogdan Patru
by Bogdan Patru
1 month ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Having a strategic Bitcoin reserve is becoming quite popular among business houses and corporations, with K Wave Media (KWM) being the latest company to join the trend.

This Korea-based media alliance has announced its plans to raise a whopping $500M for a Bitcoin reserve and adopt a Bitcoin-first strategy.

The company plans to develop an entire ecosystem around $BTC, allowing users to buy concert tickets, albums, and even vote on the platform using Bitcoin.

Keep reading to find out more about KWM’s Bitcoin love, why Asian corporations are bullish on the digital gold, and how you can make the most of the upcoming $BTC bull run by investing in BTC Bull Token, a hot new meme coin on presale.

Buy and HODL Bitcoin, as Simple as It Gets

KWM has called itself the ‘Metaplanet of Korea.’ Metaplanet, by the way, is a Japanese company that adopted a similar Bitcoin-first strategy in 2024, after which its stock increased around 4,000%.

Following KWM’s announcement, its stock on NASDAQ, too, climbed over 155% in just a few hours.

Metaplanet and K Wave price performance meme

Other Asian companies, such as the Basel Medical Group Limited, based in Singapore, have also announced plans to buy $BTC worth $1B.

Similarly, Matador Technologies Inc., a Canadian Bitcoin-focused company, has raised over $1.6M in the second tranche of its non-broker private placement with the aim of building a Bitcoin reserve.

The company currently holds 68.14 $BTC and plans on inflating its reserve even further.

It’s worth noting that ever since the announcement of the US Bitcoin reserve, corporate entities has been pushing hard to follow suit.

Even outside North America, KWM and Matador have realized $BTC’s potential. With Strategy (which has over 580K $BTC) leading the way, several other multinational corporations are keen on building their own stash of Bitcoin.

Combined with the fact that Bitcoin recently made a new all-time high around $112K and $BTC HODL levels are at record highs, it’s fair to say that investors are broadly bullish on the asset.

If you want to ride the biggest crypto’s growth in the most profitable way possible, consider investing in a Bitcoin-inspired meme coin that has yet to go live on exchanges: BTC Bull Token ($BTCBULL).

What Is BTC Bull Token?

BTC Bull Token is one of the best cryptos to buy now thanks to its unique way of following Bitcoin’s growth trajectory.

Unlike other altcoins that reward their token holders through more of their own cryptos, $BTCBULL is the first-ever altcoin to distribute free $BTC in its giveaways.

This new crypto coin, with an emphatic bull as its mascot, offers investors the opportunity to generate brain-melting gains and the chance to win real Bitcoin.

Of course, you’ll get the typical crypto degen thrills along the way as well. All bases covered!

That said, remember that you’ll only be eligible for BTC Bull Token’s free $BTC rewards if you store your purchased $BTCBULL tokens in Best Wallet.

The airdrop event will take place on social media, where you’ll have to opt in, and each participant will have a chance to win some genuine Bitcoins.

Burn, Rise, and Repeat!

There are two essential features that make BTC Bull Token what it is.

First is its Bitcoin airdrops. These are slated to take place every time the king cryptocurrency reaches a new milestone ($150K and $200K) for the first time.

Additionally, the developers have also planned a $BTCBULL airdrop when Bitcoin reaches $250K.

This means that if you’re in it for the digital gold, you should buy $BTCBULL before it’s too late.

BTC Bull Token Roadmap

Second, BTC Bull Token’s bright price predictions, which we’ll come to in a second, are also a result of its commitment to follow a deflationary approach.

Under this, the developers will burn a small percentage of the $BTCBULL token supply when Bitcoin reaches $125K, $175K, and $225K for the first time.

Doing so will reduce the number of $BTCBULL tokens in circulation, which, when combined with increasing $BTC prices and consequently rising demand for $BTCBULL, would ultimately drive up the token’s price.

Speaking of price, our BTC Bull Token price prediction suggests that it could reach $0.0497 by 2030 – a 19x increase in your investment.

$BTCBULL Is Currently in Presale

Luckily for you, BTC Bull Token is currently in its presale stage, meaning it’s not yet listed on crypto exchanges.

BTC Bull Token ($BTCBULL)

This then means you can buy the token for some of its lowest-ever prices. One $BTCBULL is currently priced at just $0.00255.

You can buy $BTCBULL through either its official presale website or directly from within the Best Wallet App. For more information on the purchase process, here’s a guide on how to buy BTC Bull Token.

Institutional Adoption Is Flying Bitcoin’s Flag

With more and more companies adopting Bitcoin reserve strategies, the market is bound to receive a double dose of rocket fuel.

And this could best translate to solid gains for the newest meme coins around, presales like BTC Bull Token. With real Bitcoin airdrops and a constant push upward due to token burns, $BTCBULL is positioned as potentially the biggest gainer of this bull run.

But again, the meme coin market, too, is subject to risks, and you must only invest after doing your own research. This article shouldn’t be taken as financial advice.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Bogdan Patru

Bogdan Patru

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As a crypto writer, Bogdan’s responsibilities are split between researching and writing articles and entertaining the team with his humor bordering on the politically incorrect, an aspiring Bill Burr, if you will. Thanks to his 12+ years of writing experience in just as many fields, including tech, cybersecurity, modelling, fitness, crypto, and other topics-that-shall-not-be-named, he's become a genuine asset to the team. While his position as a senior writer at PrivacyAffairs thought him valuable lessons about the power of self-management, his entire writing career was and is an exercise in self-improvement. Now, he's ready to sink his teeth into crypto and teach people how to take control of their own money on the blockchain. With fiat as an eternally devaluing currency, Bitcoin and altcoins seem like the best-fitting alternative for Bogdan. Bogdan’s biggest professional accomplishment, aside from securing a position as a main writer for Bitcoinist, was his 5-year run as a writing manager at Blackwood Productions, where he coordinated a team of four writers. During that time, he learned the value of teamwork and that of creating a working environment that breeds efficiency, positivity, and friendship.

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