HK Asia Holdings Restricted, a high funding agency in Hong Kong, is the newest to hitch the Bitcoin shopping for spree amongst establishments and firms.
The agency bought round 7.88 $BTC on February 20, bringing its complete Bitcoin holdings to eight.88 $BTC. Put collectively, HK Asia needed to shell out round $97,021 per $BTC, or $862K in complete.
It’s value noting that that is the second time the agency has bought Bitcoin this month. It purchased 1 $BTC on February 16, which instantly skyrocketed its share value.
It rose by almost 100% in simply at some point. From $2.85 at February 14’s near $5.50 on February 17 (Monday). General, it’s up over 150% because the preliminary announcement.
Evidently, a constructive response to its Bitcoin buy might be why the agency is eager on shopping for extra.
Furthermore, Hong Kong and Singapore have emerged as frontrunners in Asia’s efforts to hitch the crypto practice.
HK, as an illustration, stated final week that they should faucet ‘world liquidity’ by presumably providing new crypto buying and selling merchandise to draw international traders.
As establishments flock to purchase extra Bitcoin, the bigger market sentiment clearly seems to be pro-crypto. This implies the present stoop is predicted to finish quickly. And when it does, the cryptos talked about on this information shall be in a pole place to learn from a contemporary rally.
1. BTC Bull Token ($BTCBULL) – General Greatest Crypto to Purchase In 2025
Whereas the broader cryptocurrency market is probably not thriving in the intervening time, the rise in Bitcoin reserves and the enhancement of DeFi infrastructure point out a promising future.
With that in thoughts, BTC Bull Token ($BTCBULL) may simply be the most effective crypto to put money into proper now.
It’s a one-of-a-kind crypto mission that may reward token holders with free $BTC. These rewards shall be given out by way of airdrops each time Bitcoin reaches new milestones, resembling $150K, $200K, and $250K.
It’s value mentioning that the mission’s builders additionally plan to observe a deflationary mechanism. This merely implies that part of the full token provide shall be burnt off each time $BTC’s value appreciates by $25K.
All in all, $BTCBULL is instantly tied to Bitcoin’s success, however on the identical time, it affords sufficient pleasure for its personal worth to most likely 100x within the months.
That’s additionally why its presale has already raised a whopping $2.7M in simply two weeks. You may be part of the bandwagon for simply $0.00238 per token.
2. Solaxy ($SOLX) – Solana’s First-Ever Layer 2 Protocol
Solaxy ($SOLX) won’t be as amusing as Fartcoin or as hyped as Broccoli, nevertheless it affords presumably the most effective mixture of memeic enchantment and actual utility. It’s set to be the first-ever Layer 2 resolution on Solana, in any case.
Solana, for all its glory (quick transactions and low-cost charges), is at the moment removed from reaching its greatest type.
As increasingly more meme cash launched on the blockchain, particularly insanely profitable ones like $TRUMP, the community has been struggling to take care of its throughput capability.
By processing transactions off-chain and using Ethereum’s liquidity, Solaxy will clear up Solana’s points, particularly community congestion, failed transactions, and restricted scalability.
With over $23M raised on the time of writing, Solaxy can be among the many greatest crypto presales ever. 1 $SOLX is at the moment being supplied at simply $0.001644, and if that is your first time investing in a presale, right here’s learn how to purchase $SOLX.
3. Broccoli ($BROCCOLI) – New Meme Coin Leaving Everybody Else within the Mud
Broccoli is single-handedly proving that no matter what consultants say and the place $BTC and $ETH are headed, the most effective meme cash can nonetheless generate mind-boggling returns.
Impressed by the pet canine of Binance’s Changpeng ‘CZ’ Zhao, $BROCCOLI is up 1,109% ever since its debut on February 14. What’s extra, it’s nonetheless exhibiting constructive momentum, having risen by almost 165% within the final seven days. It gained one other 29% right this moment.
$BROCCOLI got here into existence virtually instantly after CZ took to X to inquire about how meme cash work.
Then, having understood the wickedly enjoyable recreation, he hinted on the thought of launching his personal dog-themed meme coin. Subsequent got here his canine’s identify and photos. And as you may most likely guess, that was sufficient for self-proclaimed meme degens to start out working.
Verdict
The bull run is unquestionably close to, however instances like these admittedly require further vigilance.
We advocate solely investing an quantity you’re comfy shedding and being mentally ready to see some momentary downward/sideway motion earlier than anticipating your portfolio to show inexperienced.
Additionally, this text isn’t monetary recommendation, and you have to at all times do your individual analysis earlier than investing.