• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
HK Asia Holdings Buys One Bitcoin and Its Stocks Surge by Over 90%. Will BTC Bull Explode?

HK Asia Holdings Buys One Bitcoin and Its Stocks Surge by Over 90%. Will BTC Bull Explode?

February 19, 2025
A warning from US factories

A warning from US factories

June 3, 2025

Switzerland May CPI -0.1% vs -0.1% y/y expected

June 3, 2025
Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

June 3, 2025
How Blackstone and its biggest rivals are drifting apart

How Blackstone and its biggest rivals are drifting apart

June 3, 2025
The Time To Participate In A No-Spend Challenge Is Now

The Time To Participate In A No-Spend Challenge Is Now

June 3, 2025
USD/INR rises amid modest US Dollar bids, higher oil prices

USD/INR rises amid modest US Dollar bids, higher oil prices

June 3, 2025
Xiaomi among Chinese tech groups set to be hardest hit by US chip software ban

Xiaomi among Chinese tech groups set to be hardest hit by US chip software ban

June 3, 2025
Tug of war over Trump’s Venezuela policy leaves investors guessing

Tug of war over Trump’s Venezuela policy leaves investors guessing

June 3, 2025
Can you still make money from UK property?

Can you still make money from UK property?

June 3, 2025
the ball is in Europe’s court

the ball is in Europe’s court

June 3, 2025
EUR/USD Weekly Preview: CPI, PPI, ECB – Forecasts – 9 December 2024

Trump shakes Wall Street Again: market indices respond instantly – Forecasts – 2 June 2025

June 3, 2025
US moves to open Alaskan wilderness to oil drilling with Biden rule rollback

US moves to open Alaskan wilderness to oil drilling with Biden rule rollback

June 3, 2025
Tuesday, June 3, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Cryptocurrency

HK Asia Holdings Buys One Bitcoin and Its Stocks Surge by Over 90%. Will BTC Bull Explode?

by Investor News Today
February 19, 2025
in Cryptocurrency
0
HK Asia Holdings Buys One Bitcoin and Its Stocks Surge by Over 90%. Will BTC Bull Explode?
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


HK Asia Holdings introduced the acquisition of 1 Bitcoin on February 13, calling this funding “symbolic in scale.” Following the general public announcement, the corporate’s shares surged by 93% between February 13 and 17.

This improve catapulted the inventory to five.50 HKD (Hong Kong {Dollars}) which is the equal of $0.71. Whereas the value has fluctuated since, it nonetheless maintains round 4.50 HKD on the time of writing this text.

HK Asia Holding has joined a rising development of public and governmental Bitcoin buyers which have put their belief within the crypto market. That is doubtlessly bullish for tasks like BTC Bull which goals to capitalize on Bitcoin’s bull run.

Nations and Corporations Undertake Bitcoin at a Massive Scale

El Salvador was the primary nation to undertake Bitcoin as a authorized tender on twenty first of June, 2024, adopted by the Central African Republic in 2022 (CAR ultimately overturned the decision in 2023).

Quite a few nations have additionally included BTC amongst their treasury property.

El Salvador exceeds 6000 BTC

As of January, 2025, governments across the globe maintain as much as 2.5% of Bitcoin’s total supply (471,000 BTC). The precise variety of nations with Bitcoin investments is tough to approximate, however some notable examples embrace:

  • The US: 200K BTC value $21.28B, making the US the biggest and most influential authorities within the crypto house.
  • China: 194K BTC value $19.92B, acquired from mining and seizing the property of PlusToken following the dismantle of its Ponzi Scheme.
  • UK: 61K BTC value $6.26B coming by means of seizures from fraud and cash laundering operations.
  • Ukraine: 46k BTC value $4.85B from public donations throughout its ongoing struggle.
  • Finland: 1.9K BTK value $207M with lots of the property coming from narcotics operations.

A rising variety of public establishments and corporations have additionally added Bitcoin to their portfolio over time.

BTC in treasuries

The American KULR Expertise Group, INC. launched a Bitcoin treasury in December, 2024, with a purchase order of 217.18 BTC ($21M). The corporate doubled down on January 6, 2025, increasing its BTC reserves to $42M.

Rumble is one other high-profile participant that introduced its first Bitcoin buy simply earlier than Trump’s official inauguration on January 20.

Rumble RUM purchased BTC

Nevertheless, not all Bitcoin investments have led to inventory will increase for buyers. Lead Profit, a subsidiary of Hong-Kong-based Ming Shing Holdings, has introduced a 500 BTC buy ($47M) in January, 2025. Regardless of this, the corporate’s shares have declined by nearly 40% since.

Technique (former MicroStrategy) additionally noticed immense success on this sphere, after it shaped a reserve of 478K BTC, bought at a mean worth of $65K, which took the corporate’s market cap to $85B. Different firms have tried to duplicate this success, however lacked the proficiency required to work with BTC-based derivatives.

US States Push Payments to Diversify State Treasury with Bitcoin and Gold

The 2025 Inflation Protection Act would permit the addition of crypto and treasured metals to the state treasury. Utah has additionally taken essential steps on this course by means of its bill HB230, with Dennis Porter asserting that the invoice has moved onto the Utah Senate.

Dennis Porter announces Utah strategic BTC reserve

Arizona’s Strategic Bitcoin Reserve Act additionally went into the Senate for approval, mirrored by Kentucky, whose invoice goals to maneuver 10% of state funds into cryptos.

Quite a few different US states take into account diversifying their digital asset pool, together with Ohio, New Hampshire, Pennsylvania, Texas, and Massachusetts.

This rising development exhibits that public and governmental establishments now perceive Bitcoin’s worth and attempt to capitalize on it. Some upcoming crypto tasks have adopted an identical technique.

BTC Bull Token Helps Bitcoin’s Street to a $5.2T Market Valuation

BTC Bull Token ($BTCBULL) is an early crypto venture whose basis rests on Bitcoin’s bull development. The platform presents new funding alternatives by rewarding holders with Bitcoin airdrops, making this among the finest altcoins out there. Which means that the extra profitable BTC turns into, the likelier it’s that BTC Bull will observe go well with.

BTC Bull Token roadmap

Holders will obtain BTC airdrops when Bitcoin’s worth reaches its $150K and $200K milestones, adopted by an enormous $BTCBULL airdrop on the $250K mark. That is solely an possibility for hodlers utilizing Best Wallet.

$BTCBULL at present has one of many best presales after accumulating over $2.1M over the course of a number of days.

BTC Bull Token Enjoys Large Neighborhood Approval

HK Asia Holding’s BTC funding is simply the most recent entry in a protracted line of firms adopting and diversifying their crypto portfolios. Japan’s Metaplanet additionally at present holds 2K BTC, valued at $194M, which brought about the corporate’s inventory to climb over 3.900% throughout 2024.

The brand new crypto venture is at present seeing appreciable neighborhood approval, which is obvious from how effectively the presale goes. The overall staking pool has amassed over 540M tokens with an APY of 194%.

A part of the venture’s enchantment additionally comes from its long-term token burn system. For each 25K that Bitcoin provides to its worth, BTC Bull burns a proportion of its complete provide. This creates upwards worth strain, linking $BTCBULL’s worth analysis to that of Bitcoin.

This doesn’t represent monetary recommendation. At all times DYOR (Do Your Personal Analysis) earlier than investing to attenuate dangers, and keep in mind to by no means make investments greater than you may afford to lose.



Source link

Tags: AsiaBitcoinBTCBullBuysExplodeholdingsstocksSurge
Share196Tweet123
Previous Post

Here’s how to reduce capital gains on your home sale

Next Post

BOJ’s Takata: Long-term interest rates moving in line with state of Japan’s economy

Investor News Today

Investor News Today

Next Post

BOJ's Takata: Long-term interest rates moving in line with state of Japan's economy

  • Trending
  • Comments
  • Latest
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Best High-Yield Savings Accounts & Rates for January 2025

Best High-Yield Savings Accounts & Rates for January 2025

January 3, 2025
Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

January 5, 2025
10 Best Ways To Get Free $10 in PayPal Money Instantly

10 Best Ways To Get Free $10 in PayPal Money Instantly

December 8, 2024
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
A warning from US factories

A warning from US factories

June 3, 2025

Switzerland May CPI -0.1% vs -0.1% y/y expected

June 3, 2025
Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

June 3, 2025
How Blackstone and its biggest rivals are drifting apart

How Blackstone and its biggest rivals are drifting apart

June 3, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today