MicroStrategy Invests Additional $2B in Free-Falling Bitcoin, Could Resurrect Altcoins like BTC Bull Token

Source Bitcoinist

Strategy (formerly MicroStrategy) executive chairman, billionaire Michael Saylor, announced a recent 20,356 Bitcoin ($BTC) purchase, raising the company’s $BTC count to 499,096.

The purchase cost $1.99B at $97,514 per $BTC, raising Strategy’s overall investment to $33.1B  with an average $BTC purchase price of $66,357. Given that Strategy’s $BTC reserves are currently valued at $46B, this amounts to a profit of 39%.

Saylor’s recent investment may seem unexpected given $BTC’s dramatic free fall in the charts. However, it could revive market sentiment and help $BTC recover.

What’s Happening with Bitcoin?

Bitcoin dropped from $95K to $86K due to dwindling community sentiment, which resulted from several events.

The main one is the February 21 Bybit hack, which was presumably conducted by North Korea’s Lazarus Group, according to Elliptic analysts. Hackers targeted a cold wallet and managed to seize $1.46B in crypto assets.

Elliptic representatives have declared that this is ‘the largest crypto heist of all time, dwarfing the $611M stolen from Poly Network in 2021.’ This breach is the latest entry to a long list of crypto heists and explains in part $BTC’s bearish fall down the charts today.

The largest crypto heists ever | Source: Elliptic

The other cause is Donald Trump’s tariff war. The White House announced on February 1 that it would impose a series of tariffs on several countries in response to the US’s problems with illegal immigration and drug traffic.

Canada and Mexico received a 25% tariff on imports, while China got away with 10%.

Finally, Jerome Powell, the Chair of the US Federal Reserve (Fed), declared during the February 12 Semiannual Monetary Policy Report hearing that the economy is strong overall and has made significant progress over the past two years.

Fed’s current policy stance is less restrictive than it had been, and Powell sees no need to adjust it.

This means that the Fed is unlikely to announce a rate cut on March 19. This decision would strengthen the US dollar but put downward pressure on $BTC and the crypto market as a whole.

What Does Strategy’s $2B Bitcoin Investment Mean for the Market?

Despite Strategy’s recent investment, $BTC is still in a bearish state with no signs of recovery, and the same goes for the broader market, including meme coins and crypto presales.

Ranked crypto coins on CoinMarketCap

Interestingly, Steno Research was among the few crypto analysts to predict this $BTC crash. In a January 13 report, the experts hinted at an upcoming price mark as low as $85K.

This prediction assessed $BTC’s downward trend starting mid-December, which Steno Research linked to the ‘unfavorable macroeconomic conditions and rising inflation.’

So, is this all bad news for $BTC and the best altcoins? No, because Steno Research also sees $BTC reaching and even surpassing the $150K mark in 2025.

This means that Michael Saylor’s latest $2B $BTC purchase is a smart investment strategy (‘buy the dip,’ as the saying goes).

More importantly, $BTC’s upcoming bull run may also rally promising new crypto projects like BTC Bull Token ($BTCBULL).

How BTC Bull Token ($BTCBULL) Could Grow With Bitcoin

BTC Bull Token ($BTCBULL) is a meme project with the potential to push $BTC into the stratosphere. The developers have created the token with the belief that $BTC will reach the $250K mark and even rally to $1M.

How to buy $BTCBULL

The presale has raised over $2.7M so far with a token price of $0.00238, and offers investors several notable benefits:

  • $BTC airdrops at major BTC price milestones ($150K and $200K)
  • A massive $BTCBULL airdrop when $BTC reaches $250K (10% of the total token supply of 21B)
  • A 154% staking APY

The project will also burn a percentage of the total token supply every time $BTC adds $50K to its price (at $125K, $175K, and $225K). This supports an upward price movement, tying $BTCBULL’s appreciation to that of $BTC and makes it one of the best crypto to hold long-term.

Overall, BTC Bull Token looks like a solid project with a strong media presence (X and Telegram) and transparent tokenomics data.

$BTCBULL tokenomics as stated in the whitepaper

Keep in mind that $BTCBULL is a meme token, which means it can experience significant price fluctuations post-launch. Invest responsibly and always DYOR (Do Your Own Research) ahead of time.

Where is Bitcoin Heading?

Despite $BTC’s ongoing fall, experts are not concerned and the public perception seems to match that. This isn’t $BTC’s first dip, nor is it the most severe.

Analysts like SkyBridge Capital’s Anthony Scaramucci even predict a $200K price evaluation for $BTC in 2025. This would fall in line with $BTC’s standard historic performance, where dips were always followed by steroid-fueled pumps.

Most importantly, the upcoming $BTC boom could also rally meme coins like $BTCBULL, opening the door to new investment opportunities.

Remember that this is not financial advice. DYOR, adopt a good risk management strategy, and invest responsibly.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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