Da Feng Electric established a digital asset committee, taking the lead in incorporating Bitcoin into long-term reserves.
According to reports from (Financial News), cable television and broadband operator Da Feng Electric (TPE: 6184) announced after a board meeting on the 13th that it has officially approved the establishment of a 'Digital Asset Committee', incorporating Bitcoin ($BTC) into the company's long-term reserve assets, becoming the first publicly listed company in Taiwan to include digital currency assets in long-term reserves.
The committee is chaired by Da Feng Electric director Dai Yonghui, with members covering core departments such as risk management, legal affairs, cybersecurity, and strategy, responsible for formulating asset allocation principles, risk control mechanisms, and information disclosure regulations.
Da Feng Electric stated that this move aims to strengthen the company's capital resilience, align with global strategic asset allocation trends, and meet the challenges of the new era of the digital economy.
The company evaluates that Bitcoin, with its fixed supply, decentralized structure, and high global liquidity, is regarded as a new generation of 'digital gold', which can bring higher stability and flexibility to corporate capital in a volatile economic and financial environment. The committee will follow international best governance standards, adopting strict supervision mechanisms to ensure compliance with regulatory requirements throughout the process while considering shareholder interests.
Broadband business grows against the trend, achieving a record high in operating performance for the same period in history.
According to the NCC survey report, the total number of cable TV households decreased from 5.269 million in 2017 to 4.33 million in the first quarter of 2025, a decline of nearly 18%, but Da Feng Electric has delivered impressive results against the trend driven by its broadband business.
According to (Economic Daily) reports, the company's semi-annual report released today shows that consolidated revenue in the first half of the year reached NT$1.078 billion, achieving the best performance for the same period in history, with net profit attributable to the parent company at NT$262 million, a year-on-year increase of 4.8%, and earnings per share (EPS) reaching NT$1.77. Among them, broadband revenue contributed NT$440 million, accounting for 40.7% of consolidated revenue, significantly growing by 12.8% compared to the same period last year.
Da Feng Electric chairman Zhang Mingzhi stated: 'Although the decline in cable TV households is due to complex factors that cannot be changed by a single operator, the company will continue to adhere to and explore new channels for viewers, 'retaining one household is one household.'
At the same time, the broadband business is a top priority. In the first half of this year, the total number of 'Da Da Broadband' households in Da Feng's operating area reached 179,000, with a net increase of over 5,000 households.
Following international corporate trends, Trump's policies promote the mainstreaming of Bitcoin.
The background of Da Feng Electric's decision is the signing of an executive order by US President Trump to officially establish the Strategic Bitcoin Reserve (SBR) program, after which Bitcoin transitioned from a non-mainstream investment tool to being recognized as a mainstream financial asset by the state. In recent years, the policies and market mechanisms in the US Bitcoin industry have gradually matured, including some state governments promoting the inclusion of Bitcoin into reserve assets, clarification of digital asset accounting standards, and the official launch of Bitcoin spot ETFs.
Leading international companies such as Strategy and Tesla from the United States, and Metaplanet from Japan, have also successively adopted Bitcoin reserve strategies as important tools to combat inflation, diversify risks, and enhance asset diversification.
Da Feng Electric emphasizes that incorporating Bitcoin into long-term assets is an important step in embracing the wave of the digital economy, believing that combining diversified asset allocation with rigorous risk governance can lay a more solid foundation for the company's long-term development.
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The prudent strategy does not affect operations, and the subsidiary's IPO plan continues to advance.
Da Feng Electric emphasized that this decision will not impact existing operating funds and daily business, adhering to the principle of 'prudent first', adopting a cautious, phased strategy, and complying with laws for immediate and transparent information disclosure. The company stated that through forward-looking asset allocation, it can not only enhance the company's long-term financial resilience but also set an innovative benchmark for Taiwanese enterprises in the wave of the digital economy, opening a new chapter in capital management for the new generation.
At the same time, Da Feng Electric continues to advance the IPO plan for its subsidiary Da Da Broadband, with the paid-in capital already expanded to NT$500 million, raising a total of NT$1.8 billion in cash capital increase at NT$45 per share in July, and is currently preparing for the second capital increase. Zhang Mingzhi stated that this successful fundraising will provide Da Da Broadband with ample operating funds, accelerating its layout and development in the broadband market, while also adding strong momentum to Da Feng Electric's overall operational landscape.
'The first in Taiwan! Da Feng Electric announces Bitcoin reserves, is the speculation wave on Taiwan's stock market about to explode?' This article was first published in 'Crypto City'.
