Metaplanet Overtakes Tesla To Become 7th Largest Bitcoin Holder, Retail Investors Flock To New ICO Likened To XRP
The post Metaplanet Overtakes Tesla To Become 7th Largest Bitcoin Holder, Retail Investors Flock To New ICO Likened To XRP appeared on BitcoinEthereumNews.com.
As Bitcoin adoption continues to expand across institutional players, more companies are increasing their Bitcoin (BTC) holdings as an alternative savings option. Metaplanet Inc. is one of the leading names among the institutional investors in BTC. The company, which is tagged Asia’s Microstrategy, is currently the 7th largest BTC holder after its recent purchase of 1,234 BTC for $132.7 million. However, while institutional investors are stashing BTC, retail investors are more interested in a new Ethereum-based token called Remittix. The Remittix presale has been moving so fast, reaching over $15.8 million in total raise within a few months. Let’s find out why some people call RTX the new Ripple (XRP) despite being in its early days. Remittix remains the talk of the town during presale The Remittix presale is one of the biggest news stories in the crypto market recently. Since the presale began some months ago, it has moved at an unprecedented speed, reaching a total raise of nearly $16 million in no time. The early presale success reflects investors’ strong interest in Remittix, especially as top cryptocurrencies like BTC and XRP have been moving sideways in recent weeks. For Remittix, the broader crypto sentiment has only caused more attention. More investors are diversifying their portfolios with the new altcoin and the earliest adopters have already made about 500x gains. Regarding its long-term possibilities, experts have predicted that Remittix could do 1,000% gains or more in 2025, especially after the project kicks off officially and the RTX token gets listed on reputable crypto exchanges. Bitcoin’s institutional investors remain unfazed Despite the lingering bearish trend in the crypto market, the BTC price has maintained an average price of around $106K over the past month. Even the massive dip from the global tensions could not hold the BTC price from moving…
Filed under: News - @ June 29, 2025 12:22 pm