HK Asia Holdings introduced the acquisition of 1 Bitcoin on February 13, calling this funding “symbolic in scale.” Following the general public announcement, the corporate’s shares surged by 93% between February 13 and 17.
This enhance catapulted the inventory to five.50 HKD (Hong Kong {Dollars}) which is the equal of $0.71. Whereas the value has fluctuated since, it nonetheless maintains round 4.50 HKD on the time of writing this text.
HK Asia Holding has joined a rising development of public and governmental Bitcoin traders which have put their belief within the crypto market. That is doubtlessly bullish for tasks like BTC Bull which goals to capitalize on Bitcoin’s bull run.
Nations and Corporations Undertake Bitcoin at a Massive Scale
El Salvador was the primary nation to undertake Bitcoin as a authorized tender on twenty first of June, 2024, adopted by the Central African Republic in 2022 (CAR finally overturned the decision in 2023).
Quite a few international locations have additionally included BTC amongst their treasury belongings.
As of January, 2025, governments across the globe maintain as much as 2.5% of Bitcoin’s total supply (471,000 BTC). The precise variety of international locations with Bitcoin investments is troublesome to approximate, however some notable examples embrace:
- The US: 200K BTC value $21.28B, making the US the biggest and most influential authorities within the crypto house.
- China: 194K BTC value $19.92B, acquired from mining and seizing the belongings of PlusToken following the dismantle of its Ponzi Scheme.
- UK: 61K BTC value $6.26B coming via seizures from fraud and cash laundering operations.
- Ukraine: 46k BTC value $4.85B from public donations throughout its ongoing warfare.
- Finland: 1.9K BTK value $207M with most of the belongings coming from narcotics operations.
A rising variety of public establishments and companies have additionally added Bitcoin to their portfolio over time.
The American KULR Expertise Group, INC. launched a Bitcoin treasury in December, 2024, with a purchase order of 217.18 BTC ($21M). The corporate doubled down on January 6, 2025, increasing its BTC reserves to $42M.
Rumble is one other high-profile participant that introduced its first Bitcoin buy simply earlier than Trump’s official inauguration on January 20.
Nonetheless, not all Bitcoin investments have led to inventory will increase for traders. Lead Profit, a subsidiary of Hong-Kong-based Ming Shing Holdings, has introduced a 500 BTC buy ($47M) in January, 2025. Regardless of this, the corporate’s shares have declined by virtually 40% since.
Technique (former MicroStrategy) additionally noticed immense success on this sphere, after it fashioned a reserve of 478K BTC, bought at a mean worth of $65K, which took the corporate’s market cap to $85B. Different firms have tried to copy this success, however lacked the proficiency required to work with BTC-based derivatives.
US States Push Payments to Diversify State Treasury with Bitcoin and Gold
The 2025 Inflation Protection Act would enable the addition of crypto and treasured metals to the state treasury. Utah has additionally taken vital steps on this path via its bill HB230, with Dennis Porter asserting that the invoice has moved onto the Utah Senate.
Arizona’s Strategic Bitcoin Reserve Act additionally went into the Senate for approval, mirrored by Kentucky, whose invoice goals to maneuver 10% of state funds into cryptos.
Quite a few different US states take into account diversifying their digital asset pool, together with Ohio, New Hampshire, Pennsylvania, Texas, and Massachusetts.
This rising development exhibits that public and governmental establishments now perceive Bitcoin’s worth and attempt to capitalize on it. Some upcoming crypto tasks have adopted the same technique.
BTC Bull Token Helps Bitcoin’s Street to a $5.2T Market Valuation
BTC Bull Token ($BTCBULL) is an early crypto challenge whose basis rests on Bitcoin’s bull development. The platform provides new funding alternatives by rewarding holders with Bitcoin airdrops, making this among the best altcoins obtainable. Which means that the extra profitable BTC turns into, the likelier it’s that BTC Bull will observe swimsuit.
Holders will obtain BTC airdrops when Bitcoin’s worth reaches its $150K and $200K milestones, adopted by a large $BTCBULL airdrop on the $250K mark. That is solely an possibility for hodlers utilizing Best Wallet.
$BTCBULL at the moment has one of many best presales after accumulating over $2.1M over the course of a number of days.
BTC Bull Token Enjoys Huge Group Approval
HK Asia Holding’s BTC funding is simply the most recent entry in a protracted line of firms adopting and diversifying their crypto portfolios. Japan’s Metaplanet additionally at the moment holds 2K BTC, valued at $194M, which induced the corporate’s inventory to climb over 3.900% throughout 2024.
The brand new crypto challenge is at the moment seeing appreciable group approval, which is obvious from how effectively the presale goes. The whole staking pool has amassed over 540M tokens with an APY of 194%.
A part of the challenge’s attraction additionally comes from its long-term token burn system. For each 25K that Bitcoin provides to its worth, BTC Bull burns a proportion of its complete provide. This creates upwards worth stress, linking $BTCBULL’s worth analysis to that of Bitcoin.
This doesn’t represent monetary recommendation. All the time DYOR (Do Your Personal Analysis) earlier than investing to attenuate dangers, and keep in mind to by no means make investments greater than you may afford to lose.
