With the end of the year in sight, Asia Express looks back at some of the most significant developments for Bitcoin and cryptocurrency in the region in 2024.
MicroStrategy’s Bitcoin blueprint
MicroStrategy has become the poster child for Bitcoin, snapping up 439,000BTC,according to BitcoinTreasuries.NET — around 2% of the entire supply.
Across Asia, Saylor’s Bitcoin blueprint has inspired several firms to bet their future on Bitcoin, with more expected to follow suit.
As Asia Express reported last week, Chinese selfie app developer Meitu invested in 31,000 ETH and 940 BTC in the spring of 2021 and sold it all from November on, earning it a tidy profit.
The title of “MicroStrategy of Asia” now appears to have passed to Japanese firm Metaplanet.
The company holds 1,142 BTC after adding 123 coins to its collection on Nov. 19. CEO Simon Gerovich claims Metaplanet is one of Asia’s largest corporate Bitcoin holders.
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Author: Yohan Yun
