- Anemoi boosts Bitcoin exposure to 40%, signalling a bold shift in treasury strategy.
- Company eyes up to 75% crypto allocation amid rising concerns over US deficit.
- Bitcoin Pepe presale draws $16.2M as July 31 listing and 30% buyer bonus fuel excitement.
UK-based Anemoi International has stepped up its commitment to Bitcoin, now holding close to 40% of its cash reserves in the cryptocurrency, up from 30%, according to a press release issued on Tuesday.
The company made the latest investment through an exchange-traded fund identified by the ticker BTGD.
This particular fund offers dual exposure to both Bitcoin and gold by using leverage, effectively doubling the impact of each dollar invested, allocating one dollar’s worth to Bitcoin and another to gold for every dollar put in.
The fresh investments in Bitcoin came as the cryptocurrency is holding the $107,030.61 level well, and traders are closely looking at the $108,500 level resistance, after which the possibility of a new all-time high will increase.
Anemoi’s announcement about increased investment has pushed up the buzz around the Bitcoin Pepe presale, which is drawing strong investor attention.
Bitcoin Pepe is set to go live on MEXC, a major global crypto exchange, with the listing scheduled in the near future, marking a significant step forward for the project..
This comes on the heels of its earlier listing announcement from BitMart on June 17.
According to the development team, these exchange listings are expected to enhance market reach and improve liquidity for the BPEP token.
Anemoi International’s strategic play with BTC
In the statement, Anemoi pointed to growing worries over the US federal deficit, currently around 123% of GDP, as one of the reasons behind its latest Bitcoin investment move.
The company’s board also signalled that more updates on its business direction and treasury approach are likely to follow soon, though it did not offer any concrete timeline or further specifics.
While no exact details or timing have been provided, the statement suggests that Anemoi may be considering further actions or changes, potentially including additional adjustments to its cryptocurrency holdings as part of its evolving financial strategy.
Anemoi has revealed plans to potentially allocate as much as 75% of its cash reserves to cryptocurrencies and related financial instruments, such as Bitcoin and gold-backed ETFs.
This move represents a major change in its treasury approach and places the company among the most crypto-focused businesses listed on the London Stock Exchange.
The cryptocurrency pivot came in the backdrop of a dramatic show by Anemoi’s stock, as it displayed a staggering gain of more than 500% in the last six months.
Bitcoin Pepe’s final listing announcements on July 31
Bitcoin Pepe is currently in its presale phase, with the token price at $0.0437 as of the latest update.
The presale has raised over $16 million, and recent announcements about upcoming exchange listings have driven a surge in purchases.
Bitcoin Pepe is setting out to build a dedicated meme coin ecosystem on the Bitcoin network, introducing its token standard called PEP-20.
This new framework is designed to support fast and low-cost trading of meme coins, addressing one of the key limitations often associated with Bitcoin-based assets.
By combining the viral appeal of meme coins with the robustness and security of the Bitcoin blockchain, the project aims to carve out a unique niche in the crypto space.
Positioned as a bridge between the meme coin community and Bitcoin’s trusted infrastructure, Bitcoin Pepe is gaining traction, particularly as interest in meme assets resurges alongside growing enthusiasm for Bitcoin from both retail and institutional investors.
Bitcoin Pepe is set to make its final listing announcement on July 31.
The team has also confirmed that all existing buyers will receive a 30% bonus as part of the rollout.
