- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Top crypto to buy as Saudi Central Bank reveals exposure to MSTR
By: coinjournal|2025/05/16 18:45:05
0
Share
Bitcoin and other crypto assets have been in an uptrend in recent sessions after the Saudi Central Bank (SAMA) confirmed significant exposure to MicroStrategy Inc.According to SAMA’s latest 13F filing, it owns a total of 25,656 shares of the business intelligence firm that has successfully transformed into a Bitcoin-proxy over the past few years.This institutional purchase together with the de-escalation of trade tensions between the US and China have pushed the price of BTC up nearly 40% in early April.Why is SAMA’s move significant for top cryptocurrenciesMSTR is broadly known as alternative means to invest in the world’s largest cryptocurrency by market cap. The Nasdaq listed firm currently has more than half-a-million BTC on its balance sheet.Crypto community is cheering Saudi Central Bank’s revelation as it signals mainstream adoption and the rising institutional interest in top crypto to buy.Investors are celebrating as SAMA’s move is being broadly interpreted as a vote of confidence on the Bitcoin strategy pioneered by Michael Saylor, the executive chairman of MicroStrategy, in 2020.https://x.com/saylor/status/1923060408811721081They’re hopeful that the central bank’s vote of confidence will make other companies start to invest in BTC, which may serve as a meaningful catalyst not just for Bitcoin but for the rest of the crypto industry as well.With the global investment banks getting interested in gaining exposure to Bitcoin, investors are hoping that the world where BTC eventually earns the reserve status may now be in the near future.What SAMA’s move may mean for meme coins like Bitcoin PepeSaudi Central Bank’s sizable position in MicroStrategy could signal institutional confidence in Bitcoin, potentially benefiting meme coins like Bitcoin Pepe. MicroStrategy is one of the largest corporate holders of Bitcoin, and its stock is often seen as a proxy for Bitcoin exposure.If a major financial institution like the Saudi Central Bank is investing in MicroStrategy, it suggests growing recognition of Bitcoin as a legitimate asset class.https://x.com/BitcoinNewsCom/status/1897289158772641882This could have a spillover effect on meme coins like Bitcoin Pepe. Institutional adoption tends to increase liquidity and stability in the broader crypto market, attracting new retail and institutional investors.Meme coins thrive on speculation and community enthusiasm, and a bullish institutional stance on Bitcoin could lead to increased interest in related assets.Bitcoin Pepe may be a top crypto to buy to play the potential spillover effect of SAMA’s investment in MSTR as it’s “the world’s only Bitcoin meme ICO” narrative is already attracting strong demand.Plus, it’s a native token that’s currently in a presale only, indicating the explosive initial moves that meme coins are broadly known for are yet to materialize for Bitcoin Pepe.Its commitment to instant transactions and ultra-low fees has helped it raise more than $8.4 million already – and the momentum may continue once it lists on a crypto exchange after the presale, especially with SAMA type announcements supporting crypto prices in 2025.Click here if you’d like to learn more about Bitcoin Pepe.The post Top crypto to buy as Saudi Central Bank reveals exposure to MSTR appeared first on CoinJournal.
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App