📍The wave of Asian enterprises shifting their balance sheets to Bitcoin

📌 In just the first 6 months of 2025, the number of listed companies in Asia holding BTC surged from 70 to 134 (holding over 244K BTC), turning Bitcoin treasury into the hottest investment trend in the region. Notable cases: Metaplanet (Japan) aims to raise $5.4B to acquire 210K BTC; Top Win (Taiwan), Quantum Solutions (Japan), K Wave Media (South Korea) are all raising funds to replicate the strategy.

📌 ETFs in these countries have not been approved → investors use the stocks of these companies as a proxy to hold BTC while benefiting from better tax rates (crypto is taxed at 55% in Japan, stocks only at 20%).

📌 However, if BTC prices drop sharply, this group of companies might become 'force sellers' due to leverage, driving the market into a downward spiral. The more this model spreads, the more price $BTC will continuously witness short squeezes as supply $BTC becomes scarcer than ever. $BTC