AsiaStrategy has initiated its plan to amass a $1 billion Bitcoin treasury, starting with the acquisition of 30 BTC on September 30.
The Hong Kong-based firm, which just lately rebranded and shifted its focus to digital belongings, has chosen Anchorage Digital to offer custody and settlement infrastructure for its treasury operations throughout Asia and america.
Institutional custody and cross-border settlement
Anchorage Digital, which operates as the one federally chartered crypto financial institution within the U.S. and holds licenses in Singapore and New York, will function the first custodian for AsiaStrategy’s Bitcoin holdings.
This association offers AsiaStrategy with a unified platform for chilly and heat storage, on/off-ramp settlement, and auditability throughout a number of jurisdictions.
The corporate goals to streamline its treasury operation) and plans to extend Bitcoin purchases over time.
Retail integration and regional growth
Following a $10 million capital increase, AsiaStrategy expanded its enterprise by enabling luxurious watch gross sales settled in Bitcoin, aligning retail and treasury capabilities on the identical asset base.
The corporate has additionally facilitated cross-border transactions in Thailand and is exploring additional growth in Southeast Asia, leveraging Anchorage’s regulated custody to allow bigger balance-sheet allocations and standardized post-trade workflows.
Operational advantages and future plans
By counting on Anchorage Digital, AsiaStrategy can align institutional settlement cycles with company accounting intervals and disclosure necessities.
This setup helps reconcile Bitcoin stock for each treasury and commerce, addresses cut-off instances, and mitigates counterparty danger.
Luke Liu, chief funding officer at AsiaStrategy, highlighted the strategic significance:
“We’re constructing to scale Bitcoin treasury throughout Asia, and the Anchorage partnership secures the infrastructure required for that plan.”
The corporate emphasised it intends so as to add to its preliminary 30 BTC holding and keep Anchorage Digital as its core custody and settlement supplier because it expands its Bitcoin treasury footprint throughout the area.