Metaplanet Acquires $130M Loan for Bitcoin Amid 30% Price Drop

  • Best Wallet Presale combines Fireblocks MPC-CMP security with a user-friendly mobile app and offers fee discounts for $BEST holders. Over $17.5 million has been raised, positioning it as a strong contender in the multi-chain wallet market.
  • Maxi Doge integrates meme culture with structured trading competitions, a dynamic APY model, and a treasury to support community growth.
  • Remittix aims to streamline cross-border payments using CertiK-audited smart contracts and broad fiat coverage.

The price of Bitcoin recently dropped by around 30% after hitting highs in early October. Metaplanet, a Tokyo-listed company, has taken a $130M loan to buy more Bitcoin, leveraging its current holdings. This strategy could impact balance sheets due to Bitcoin's spot price fluctuations.

Metaplanet $130M Bitcoin loan.

Current market conditions have led investors to focus on high-conviction presales that offer potential gains greater than Bitcoin. These presales include:

1. Best Wallet Presale ($BEST)

  • Aims to capture 40% of the crypto wallet market by 2026.
  • Integrates Fireblocks’ MPC-CMP infrastructure for secure and user-friendly access.
  • Raised $17.5M with tokens priced at $0.026005.

Best Wallet token key features.

2. Maxi Doge ($MAXI)

  • Focuses on meme culture and trader identity with trading competitions and leaderboards.
  • Presale raised $4.2M with tokens priced at $0.00027.

Maxi Doge presale, prepare for the pump.

3. Remittix (RTX)

  • Targets crypto-to-fiat remittances with real-time FX conversion.
  • Supports over 40 cryptocurrencies and 30+ fiat currencies across 30 countries.
  • Has raised over $24.5M in its presale.

Cross-border payments reinvented with Remittix.

These projects represent opportunities in different areas of the crypto sector, each offering unique solutions and innovations.