MicroStrategy has set the gold standard for corporate Bitcoin adoption, holding an

impressive 439,000 BTC—around 2% of Bitcoin's total supply. Across Asia, this

blueprint is inspiring a wave of Bitcoin reserves among corporations and even

governments, positioning Bitcoin as a key asset in financial strategies.

📊 The Rise of Asia’s “MicroStrategy” Players

1. Metaplanet (Japan)

  • Holds 1,142 BTC after adding 123 BTC in November.

  • CEO Simon Gerovich claims Metaplanet is one of Asia’s largest corporate

    Bitcoin holders.

2. Boyaa Interactive (Hong Kong)

  • Converted $49M worth of ETH into 515 BTC, raising its total to 3,183 BTC.

  • Quietly surpassing Metaplanet in BTC holdings.

3. SOS (China)

  • Plans to purchase $50M worth of Bitcoin, signaling a serious commitment

    to digital reserves.

4. Jetking Infotrain (India)

  • Adopted a Bitcoin reserve strategy, starting with 12 BTC.

5. Bhutan’s Government Holdings

  • Through Druk Holdings, Bhutan has amassed 11,688 BTC since it began

    mining Bitcoin in 2019.

  • Once holding double the Bitcoin of El Salvador, Bhutan remains a major

    government player.

🇭🇰 Hong Kong’s Bitcoin ETF Struggles

  • Hong Kong launched spot Bitcoin and Ether ETFs in April 2024.

  • Initial inflows hit $262M, far below the billions seen in U.S. ETFs.

  • Mainland Chinese investors remain largely barred from participating via

    Stock Connect.

  • Current net ETF assets sit at $437M—modest compared to U.S. performance.

🇸🇬 Singapore’s Stance

  • Singapore Exchange CEO Loh Boon Chye stated the ecosystem is

    “not ready” for spot Bitcoin ETFs.

🇰🇷 South Korea’s Restrictions

  • South Korea remains a retail-driven market due to strict real-name account

    requirements.

  • Corporations are currently unable to open crypto accounts, though

    discussions are ongoing.

⚠️ The Dark Side: Crypto Scams in Southeast Asia

Pig Butchering Scams

  • Over $75 billion was stolen globally through crypto scams.

  • Cambodia identified as a major hub, with operations linked to influential

    figures.

Huione Guarantee and Money Laundering

  • Processed $49 billion in crypto transactions since 2021.

  • Linked to Hun To, cousin of Cambodia's Prime Minister, raising concerns

    over government complicity.

High-Profile Cases in the Philippines

  • Former Mayor Alice Guo implicated in international scam networks.

  • Raids uncovered hundreds of trafficked workers forced into running crypto

    scams.

🌐 What Lies Ahead?

  • Asian corporations and governments are showing increasing confidence in

    Bitcoin as a strategic reserve asset.

  • While ETF adoption lags behind the U.S., the long-term potential for

    institutional Bitcoin integration remains strong.

  • Regulatory clarity and investor protections will be crucial to balancing

    innovation with security.

Asia’s Bitcoin playbook is still being written, but the moves made by firms like

Metaplanet, Boyaa Interactive, and even national governments signal a growing

reliance on Bitcoin as a financial hedge and strategic reserve.

Is Bitcoin the new gold for Asian markets? Let us know your thoughts!

As always, DYOR before investing.

🚀 #Bitcoin #MicroStrategy #CryptoAsia #BTC #CryptoNews