Strategy Spends $2.54B on 34,000 BTC, Widening Gap With ETH and XRP as Pepeto Presale Nears Exchange Listing

Strategy Spends $2.54B on 34,000 BTC, Widening Gap With ETH and XRP as Pepeto Presale Nears Exchange Listing

N
News Editor 01
2026-07-23 22:30:15
Strategy bought 34,000 BTC for $2.54 billion, pushing its holdings past 815,000. ETH and XRP struggle near lows, while Pepeto presale raised $9M ahead of a Binance listing.
StrategyBTCETHXRPPepeto

Strategy just spent $2.54 billion to acquire 34,000 Bitcoin, bringing its total stash to over 815,000 BTC — making it the largest corporate holder on the planet. The move comes as the broader market shows a clear split: big money keeps flowing into BTC, while ETH, XRP, and other altcoins barely budge.

Strategy’s Third-Largest BTC Purchase

According to Coin Gabbar, the average price for this purchase was $74,395 per coin. Over the same week, Bitcoin ETFs pulled in $1.58 billion in net inflows across six sessions. BlackRock’s IBIT alone added 12,400 BTC, reaching a record 806,700 coins. As Coinbase noted, the biggest buyers aren’t waiting for a better price.

ETH, XRP and Pepeto: Three Different Paths

Ethereum (ETH) trades near $2,324, still 53% below its all-time high of $4,953 from August 2025. The Glamsterdam upgrade is scheduled for the first half of 2026, but whale selling has increased since April while retail keeps buying — a gap that historically resolves lower. Even a doubling from here would reach only $4,700, still below the old record.

XRP sits at $1.42, rejected near $1.44. A leveraged ETF launch has been delayed, and sentiment is flattening. XRP is 67% below its ATH, and even the most bullish targets cap it around $3–$4 over the next year. From $1.42, that’s at best a 2x — and institutional money is clearly favoring BTC and presale plays over mid-caps grinding sideways.

Pepeto has raised $9 million in its presale, with a Binance listing approaching. The token price is $0.0000001864, and staking offers 178% APY. The project was built by a member of the original Pepe team, using the same 420 trillion token supply as the original Pepe. PepetoSwap already provides fee-free cross-chain trading, and a bridge lets tokens move between networks without cost. SolidProof audited the contracts, and a former Binance member is shaping the listing strategy. The team keeps the sale open to let holders build positions at ground level before the exchange listing permanently closes the entry.

The crypto market news this week confirms that big wallets are shifting from speculation to planning. Pepeto mirrors that conviction at the presale level: each stage draws more capital, and the upcoming Binance listing is expected to unlock exponential returns. In contrast, ETH and XRP offer a slow grind that may take years for a 2x. As one analyst put it, those who built wealth in crypto made one decisive move — entering while the window was open. That window is still open on the Pepeto official website, but only until the listing arrives.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
200

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.