Asia’s Crypto Giants Unveil Billion-Dollar Bitcoin & Digital Treasury Push

The race to dominate the global digital asset treasury market is intensifying, and Asia is stepping firmly into the spotlight.

With both Hong Kong and Japan emerging as hubs for institutional crypto adoption, two major announcements this month highlight how the region’s financial giants are spearheading a billion-dollar push into Bitcoin and digital asset treasuries.

Source: The Block Data

On one side is Metaplanet, a Tokyo-listed firm making aggressive moves into Bitcoin accumulation. On the other is HashKey Group, a Hong Kong-based powerhouse launching a $500 million digital asset treasury fund.

Together, these moves signal the start of a major wave of Asia crypto treasury expansion, with Bitcoin positioned at the center of corporate balance sheets across the region.

Read Also: Japan Embraces Crypto in Corporate Culture: Leads the Crypto Race?

Japan’s Metaplanet: A Bitcoin Treasury Powerhouse

Japan’s Metaplanet (ticker: MTPLF) has become a global name in the bitcoin institutional investment Asia trend.

The company recently announced plans to issue 385 million new shares in an international offering to raise approximately $1.4 billion at JPY 553 (~$3.75) per share.

The company’s filing reveals a clear strategy:

• JPY 183,711 million (~$1.2B) to purchase Bitcoin.

• JPY 20,412 million (~$138M) for its Bitcoin income generation business.

As of September 1, 2025, Metaplanet holds 20,136 BTC, making it the sixth-largest publicly traded bitcoin treasury firm worldwide, surpassing several established players.

The firm also generates revenue by trading bitcoin options, adding another layer of financial engineering to its treasury strategy.

Facing Japan’s negative real interest rates, yen depreciation, and rising national debt, Metaplanet has officially adopted Bitcoin as its primary reserve asset, following in the footsteps of U.S.-based pioneers like MicroStrategy.

Hong Kong’s HashKey: $500 Million Digital Treasury Fund

Meanwhile, Hong Kong’s HashKey Group has unveiled its inaugural Digital Asset Treasury (DAT) fund with an initial target of $500 million.

The Hong Kong Hashkey Digital Treasury Fund will focus on public companies accumulating cryptocurrency reserves, a trend gaining traction globally.

The fund will build a diversified portfolio by investing in DAT projects centered on Bitcoin and Ethereum ecosystems, while also supporting initiatives that enhance crypto asset standardization and Web3 infrastructure.

HashKey, founded in 2018, already operates Hong Kong’s largest licensed crypto exchange and offers services spanning asset management, tokenization, and brokerage.

With this move, the company is positioning itself at the forefront of the billion-dollar Bitcoin fund Asia race.

Read Also: How the Bond Market is Saving Crypto: A Closer Look at Assets Correlation

Asia’s Role in the Global Crypto Treasury Landscape

This asia crypto treasury news underscores a fundamental shift: while the U.S. pioneered corporate Bitcoin adoption through firms like MicroStrategy, Asia is now accelerating at scale.

1. Metaplanet has set a precedent for Japanese firms to adopt Bitcoin as a core treasury asset.

2. HashKey is bridging the gap by enabling structured institutional entry into digital asset treasuries.

Both developments are pushing forward the asia digital asset treasury expansion, signaling that Asian markets may soon rival or even surpass Western firms in institutional Bitcoin and crypto investments.

Read Also: Could Crypto Be Used to Reshape US Debt?

Conclusion

The simultaneous rise of Metaplanet’s billion-dollar Bitcoin reserves and HashKey’s $500 million DAT fund marks a turning point in Asia’s financial strategy. Bitcoin is no longer just a speculative asset, it’s becoming a cornerstone of institutional treasury management.

With Japan and Hong Kong leading the way, the crypto treasury race is heating up across Asia, positioning the region as a powerhouse in the bitcoin institutional investment Asia landscape.

Stay ahead of the next big crypto moves, follow the Bitrue blog to keep up with the latest insights in the digital asset market.

FAQ

What is the HashKey $500 million crypto fund?

HashKey Group, based in Hong Kong, launched a $500M Digital Asset Treasury fund to support corporate crypto adoption, with a focus on Bitcoin and Ethereum ecosystem projects.

How much Bitcoin does Metaplanet hold?

As of September 2025, Metaplanet holds 20,136 BTC, making it the sixth-largest publicly traded Bitcoin treasury company in the world.

Why is Metaplanet adopting Bitcoin as its primary reserve asset?

Metaplanet cites Japan’s economic challenges, including yen depreciation, high debt, and negative real interest rates, as key reasons for transitioning to Bitcoin.

How does Asia compare to the U.S. in corporate Bitcoin adoption?

While the U.S. pioneered corporate Bitcoin treasuries through MicroStrategy, Asia is now rapidly scaling up with billion-dollar funds and treasury allocations led by Japan and Hong Kong.

What is the broader impact of Asia’s crypto treasury expansion?

The expansion highlights Asia’s growing influence in the global crypto market, potentially setting new standards for institutional adoption and accelerating Web3 development.