Moon Inc has achieved a significant milestone in its strategic transformation, graduating to the OTCQX Best Market and opening direct access for U.S. investors to the Hong Kong-listed company. This move, marked by a bell ringing at OTC Markets Group in New York, supports Moon’s pivot from traditional prepaid services to Bitcoin-focused consumer products across Asia, funded by recent capital raising and backed by Bitcoin industry investors including UTXO Management and Sora Ventures.
about Moon Inc Debuts on OTCQX, Expands Bitcoin Prepaid CardsUTXO Management
0 in Finance and 0 in Crypto last weekBitplanet Launches Korea’s First Public Bitcoin Treasury Program
Bitplanet Inc. has become Korea’s first publicly listed company to initiate a daily Bitcoin purchasing program, starting with 93 BTC and targeting a 10,000-BTC treasury. The Seoul-based firm executed this landmark transaction through fully regulated infrastructure, positioning itself as a pioneer in institutional Bitcoin adoption while setting new standards for corporate treasury management in Asia’s rapidly evolving digital asset landscape.
about Bitplanet Launches Korea's First Public Bitcoin Treasury ProgramDV8 Appoints Jason Fang CEO for Bitcoin Treasury Strategy
DV8 has undergone a significant transformation with the appointment of Jason Fang as CEO, signaling a strategic pivot to Bitcoin treasury management and digital assets. The company recently completed a successful warrant exercise that raised approximately $7.4 million, increasing its cash position by 38%. This capital provides the foundation for implementing a Bitcoin treasury strategy similar to Fang’s ‘MicroStrategy 2.0′ framework, which combines direct Bitcoin holdings with yield-generating structured products. The move is supported by favorable regulatory developments in Thailand, including tax exemptions on crypto gains and approval of stablecoin usage. DV8’s restructuring includes new board members and connects the company to a broader network of Asian public companies pursuing Bitcoin treasury strategies through Sora Ventures’ ecosystem.
about DV8 Appoints Jason Fang CEO for Bitcoin Treasury StrategyFortune Owner Leads Thai Firm’s Bitcoin & DeFi Shift
DV8 Public Company Limited, a Thailand-based firm transitioning into a Bitcoin Treasury business, has appointed Chatchaval Jiaravanon (of Charoen Pokphand Group and Fortune Magazine fame) as its new Chairman. The move is part of a broader leadership restructuring to adopt Bitcoin-centric treasury practices, invest in DeFi, and develop next-gen digital banking infrastructure for Southeast Asia. Jiaravanon will lead an 11-member board blending traditional finance and Web3 expertise, supported by a crypto investor consortium including UTXO Management and Sora Ventures. The investors have agreed to a 12-month lock-up period, signaling strong confidence in DV8’s crypto pivot and Thailand’s market potential. Jiaravanon’s blockchain experience through Lightnet adds strategic value to DV8’s ambitions in financial inclusion and digital asset innovation.
about Fortune Owner Leads Thai Firm's Bitcoin & DeFi ShiftDigitalX Raises $13.5M to Expand Bitcoin Treasury
DigitalX (DCC), Australia’s sole ASX-listed crypto fund manager, has raised A$20.7 million (US$13.5 million) from prominent investors including Animoca Brands, UTXO Management, and ParaFi Capital. The funds will primarily be used to expand its Bitcoin treasury, with $12.8 million allocated for Bitcoin purchases and the remainder for operational costs. The company also established a new advisory board featuring Animoca’s Yat Siu and Web3 advisor Hervé Larren. Siu emphasized Bitcoin’s role as a gateway to the broader digital asset ecosystem and highlighted DigitalX’s unique position as the only ASX-listed firm accumulating Bitcoin. The raise reflects a growing trend of companies adding Bitcoin to their balance sheets, though Siu cautioned that long-term commitment matters more than short-term attention.
about DigitalX Raises $13.5M to Expand Bitcoin TreasuryAsian Bitcoin Consortium Targets Thai Market with DV8 Acquisition
A high-profile consortium led by Japan’s Metaplanet—dubbed the ‘MicroStrategy of Asia’—has launched a voluntary tender offer to acquire Thailand’s DV8 Public Company Limited. The alliance includes major Bitcoin investors like UTXO Management, Sora Ventures, Kliff Capital, and others, signaling a strategic push to expand Bitcoin-based treasury strategies in Asia. The cross-border deal unites institutional players from Japan, Hong Kong, Thailand, and the US, potentially accelerating digital asset adoption in Thailand’s capital markets. While financial details remain undisclosed, the acquisition underscores the growing influence of Bitcoin-native investment models in traditional finance.
about Asian Bitcoin Consortium Targets Thai Market with DV8 AcquisitionBitcoin Consortium Aims to Acquire Thai Firm DV8
A consortium led by Metaplanet backers, including UTXO Management, Sora Ventures, and Kliff Capital, has filed to acquire at least 75% of Thai-listed DV8 through a voluntary tender offer. The group seeks to promote Bitcoin treasury adoption in Southeast Asia, following Metaplanet’s strategy. However, experts caution that financially distressed firms adopting Bitcoin as a lifeline may trigger systemic risks, citing recent examples like Opyl and Vanadi Coffee. While disciplined Bitcoin treasury strategies signal strength, sudden moves by struggling firms often appear as short-term stunts, raising concerns over forced liquidations and instability.
about Bitcoin Consortium Aims to Acquire Thai Firm DV8Blockchain Group Hits 1,173% Bitcoin Yield with $170M Holdings
The Blockchain Group has increased its Bitcoin holdings to 1,653 BTC, worth $170 million, after acquiring an additional 182 BTC for $19.6 million. The company achieved a remarkable 1,173% BTC yield year-to-date, surpassing Metaplanet’s 266% yield. Funding came from €18 million in convertible bonds, with participation from UTXO Management, Moonlight Capital, and others. The firm plans to buy 70 more BTC, potentially raising holdings to 1,723 BTC. Separately, Norway’s K33 aims to raise $8.8 million to acquire up to 1,000 BTC, diversifying its portfolio and boosting growth. Both firms highlight the growing institutional interest in Bitcoin as a treasury asset.
about Blockchain Group Hits 1,173% Bitcoin Yield with $170M HoldingsBlockchain Group Boosts Bitcoin Holdings to 1,653 BTC
The Blockchain Group has expanded its Bitcoin reserves by purchasing 182 BTC for approximately $19.6 million, bringing its total holdings to 1,653 BTC, now valued at over $170 million. The acquisition, finalized on June 17, was financed through convertible bond issuances totaling nearly 18 million euros ($20.7 million). Investors such as UTXO Management, Moonlight Capital, TOBAM, and Ludovic Chechin-Laurans participated in the bond deals, each buying different portions. This move underscores the firm’s bullish stance on Bitcoin, projecting a 1,173% yield by 2025.
about Blockchain Group Boosts Bitcoin Holdings to 1,653 BTC20% of Bitcoin Supply Could Go Institutional by 2026
Bitwise and UTXO Management project that institutional adoption could drive 20% of Bitcoin’s supply onto corporate and sovereign balance sheets by 2026, totaling 4.27 million BTC ($427 billion). The report identifies five key demand channels: nation-states swapping gold reserves ($161.7B), wealth platforms allocating to ETFs ($120B), public companies expanding BTC treasuries ($117.8B), US state reserves ($19.6B), and sovereign wealth funds ($7.8B). Policy tailwinds, like the BITCOIN Act and state-level BTC reserve bills, could accelerate adoption. The study frames this shift as ‘hyperbitcoinization,’ where institutional accumulation reduces circulating supply and pressures lagging entities to follow suit. Spot Bitcoin ETFs’ rapid growth ($36.2B inflows in year one) signals strong institutional interest, with further adoption expected as wirehouses open access. The report suggests Bitcoin finance markets could reach $100B as institutions seek yield via on-chain lending and trading.
about 20% of Bitcoin Supply Could Go Institutional by 2026Sora Ventures Merges with Top Win, Rebrands to AsiaStrategy
Sora Ventures is merging with Top Win International (NASDAQ: TOPW) to enter public markets, rebranding as ‘AsiaStrategy’ under a dual leadership model. The partnership aligns with Top Win’s shift toward blockchain and Bitcoin treasury strategies, leveraging Sora’s expertise in institutional crypto adoption. Sora Ventures, known for early-stage investments in DeFi, NFTs, and GameFi, will help Top Win diversify into Web3 while maintaining its luxury watch business. The merger aims to position AsiaStrategy as a leader in Asia’s digital asset markets, with plans to invest $150 million in public companies adopting Bitcoin treasuries. The move reflects broader institutional interest in Bitcoin as a reserve asset in high-growth regions.
about Sora Ventures Merges with Top Win, Rebrands to AsiaStrategyEuropean Bitcoin Firm Returns to Profit, Plans Major BTC Expansion
The Blockchain Group, rebranded as Europe’s first Bitcoin treasury company in late 2024, reported a turnaround with €1.36 million net profit after deep cost-cutting measures. The firm has shifted focus to accumulating Bitcoin, acquiring 620 BTC worth €50.5 million through capital raises and convertible bonds. Its ‘BTC Yield’ metric surged 709.8% as shares rose over 1,100% in a year. The company aims to hold 1% of Bitcoin’s total supply (170,000-260,000 BTC) by 2033, requiring €1-100 billion in funding. While backed by prominent investors like Adam Back, risks include volatility and regulatory uncertainty. Auditors confirmed the firm’s financial health as it pursues this aggressive Bitcoin strategy.
about European Bitcoin Firm Returns to Profit, Plans Major BTC Expansion