Michael Saylor’s MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program.
Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an 8% dividend, have a $0.001 par value, and are convertible into MicroStrategy’s Class A common stock without a maturity date.
MicroStrategy notes it won’t flood the market with all shares at once but will time sales strategically based on market conditions, trading prices, and volumes.
The company now holds almost 500K $BTC worth $40B at the current price, more than the US, China, and the UK combined (200K, 194K, and 61K $BTC, respectively).
Due to its $BTC-first approach, MicroStrategy’s stock price has become directly correlated with $BTC’s price. MSTR dipped 16.68% today, hitting a low of $232 for the first time since April 2024 on the back of $BTC’s plunge to $76K.
The crypto market is in ‘extreme fear’ – a sentiment score that hasn’t been seen since the 2022 FTX collapse. However, Saylor is bullish on $BTC as he hinted the current dip is a buying opportunity in a March 9 tweet.
This scale of planned investment signals to other institutions that crypto has matured as an asset class. Besides, Saylor is effectively creating a massive, persistent bid in the market as he plans to deploy the ATM Program gradually.
However, many disagree with Saylor on his $BTC-only mantra. Altcoins with strong utility and community incentives could offer even more upside over the long run due to their low current valuation.
1. BTC Bull Token ($BTCBULL) – Regular Airdrops to Celebrate $BTC’s New ATHs
Similar to MSTR, BTC Bull Token ($BTCULL) tied its value to that of $BTC. It does so by introducing $BTC airdrops to celebrate the King Crypto’s new heights (150K and 200K).
Another massive airdrop will happen when $BTC reaches $250K – the project will distribute 10% of the total $BTCULL supply to its most loyal holders. To receive the airdrop, you must hold $BTCBULL in Best Wallet.
To maintain an upward price trajectory, BTC Bull will employ regular token burns at $BTC’s $125K, $175K, and $225K price milestones.
The token presale had an impressive early momentum with $1M raised in two days. The next fundraising target is $4M – when BTC Bull reaches it, the token price will increase, so take the bull by the horns if you want to buy $BTCBULL at $0.002405.
2. Best Wallet Token ($BEST) – Governance Rights and Exclusive Perks Within the Best Wallet Ecosystem
Best Wallet is a non-custodial, mobile-first storage solution that aims to capture a substantial 40% of the crypto wallet market by 2026.
To achieve this ambitious goal, Best Wallet has many exciting updates in the pipeline, including a crypto debit card, support for 60+ blockchains, and rewards hub. On top of this, Best Wallet is the only app that gives direct access to promising crypto presales.
Best Wallet Token ($BEST) is the cornerstone of Best Wallet’s strategy. Its holders gain governance rights and perks like higher APYs in the wallet’s staking aggregator.
The $BEST presale raised almost $11M in funding. The token price will increase tomorrow, so now is the last chance to secure your share of $BEST at $0.0243 and stake it at 145% APY before it hits exchanges, where it could potentially reach $0.072.
3. Story ($IP) – Blockchain Meets Intellectual Property Management
Story Protocol is a new Layer-1 blockchain that focuses on intellectual property (IP) management using AI. Essentially, Story’s Programmable IP concept helps to register, license, and monetize music, art, movies, and other creations.
The blockchain’s native token, $IP, hit exchanges on February 13, 2025 and quickly amassed a $2B market cap, now ranking #54 among all cryptocurrencies.
$IP is a transaction fee and governance token, so demand for it should remain high as long as there’s demand for Story services.
After hitting an all-time high of $7.33 on February 26, $IP pulled back to $5.43. This price may present an appealing entry opportunity for new investors, given that the project is still young and hasn’t yet reached its full potential.
Best Crypto to Buy to Offset $BTC’s Losses
While Saylor’s MicroStrategy continues its aggressive $BTC accumulation, smart investors are diversifying across the broader crypto market, and in the best crypto to buy.
Best altcoins like $BTCBULL, $BEST, and $IP offer a lower entry point into their respective ecosystems, each with its unique focus and inventive structure. Whether $BTC recovers soon or enters a prolonged correction, these projects help to navigate the ‘extreme fear’ environment.
However, remember that no gains are guaranteed. Always DYOR and only invest as much as your piggy bank allows.
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