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Several companies in Japan are staking their future on Bitcoin ($BTC) and are buying up more of the digital currency. These include a former hotel developer, a software development company, and a mobile game studio. But what’s driving them to spend billions of yen on $BTC? We’ll discuss these and more in today’s article. Plus, we’ll find out why meme coins are also following suit in their optimism for $BTC’s future. If you’re an investor betting on the cryptocurrency’s growth, you can check out BTC Bull Token ($BTCBULL). It’s currently one of the best presales in the market, which brings together $BTC believers to leverage its rise beyond $100K. Why Is Japan Riding the $BTC Wave? Japanese firm Metaplanet Inc. saw its stock value rise by a whopping 4,056% over the past year after adopting a ‘Bitcoin-first’ strategy. Its CEO Simon Gerovich revealed that he modeled this approach after hearing about Michael Saylor’s MicroStrategy crypto plans on a podcast. Saylor’s company has since amassed $BTCs worth $45B. Metaplanet’s strategy has since drawn in more investors to the company, adding 50K more shareholders during the same period. Metaplanet isn’t the only Japanese company investing heavily in $BTC. Software developer Remixpoint Inc. said in September last year that it would invest ¥1.2B in $BTC, leading to a 300% surge in its stock price. That same company acquired 31.27 more Bitcoins in January. Meanwhile, Tokyo-based mobile game studio Gumi announced its plans to acquire ¥1B worth of $BTC over the next three months beginning this February Aside from depending on the appreciation of the cryptocurrency’s value, the company also wants to earn staking-related income from its investment. There are several reasons why some Japanese companies are buying up $BTC. For one, the US government has taken a friendlier approach to cryptocurrencies with the re-election of Donald Trump. The market reacted positively, which drove $BTC’s price to nearly $110K during Trump’s inauguration. Japan is also facing a weak yen. This is forcing local firms to look for ways to protect their finances from the continued depreciation of their currency. With Bitcoin’s bullish momentum pushing the rest of the market forward, one presale set out to ride the Bitcoin wave. Bullish $BTCBULL Also Bets on $BTC. One of the Best Presales in ? BTC Bull Token is another project betting heavily on $BTC’s continued rise, making it one of this year’s best presales. You can join today to buy its tokens and earn big rewards. The project’s roadmap is closely tied to $BTC, and most of its milestones are set to happen when the digital currency’s value grows. For instance, you can get free $BTC airdrops each time $BTC reaches price milestones. The first one is set when the cryptocurrency hits the $150K mark. It could be a long way from now, but $BTCBULL is playing the long game here. The project also wants to attract early birds with a 10% $BTCBULL airdrop when $BTC reaches $250K. The more tokens you buy, the bigger your share in the airdrop, so it’s a good idea to buy while it’s still pretty cheap. There are staking rewards too. This also targets early investors, trying to hook them with a higher APY over the next two years. To constantly drive up its value, $BTCBULL will also have burn milestones. Once $BTC’s value increases by 25K, the platform will burn a portion of its token supply. The project has raised nearly $1M so far and is priced at $0.002355. It has a total supply of 21B tokens and set aside 40% for PR and Marketing, signaling its goal to get as many people on board the $BTC hype train as possible. BTC Bull Token website with your $ETH or $USDT on your crypto wallet, or via your credit card. We can only expect more and more investors to buy up more $BTC. The downside is that it makes companies heavily dependent on $BTC and sensitive to its price fluctuations. Currently, though, everyone seems optimistic about the digital currency’s growth in the foreseeable future. If you want to invest in $BTCBULL, $BTC, or other cryptocurrencies, please do your own research. The information we shared here is only for educational purposes and does not constitute financial advice.