HK Asia Holdings (HKEX: 1723), which was soon renamed Moon Inc., has made history as the first publicly traded company in Greater China to adopt a Bitcoin Treasury strategy. In a recent discussion that hosts Allen Helm of Bitcoin for businessesNew CEO John Riggins outlined the company’s pivot, its legislative adaptation to Hong Kong and the wider momentum building in Asia.
Riggins, a long-term Bitcoin spokesman with long experience throughout China and Southeast Asia, explained that the move was driven by both long-term conviction and a favorable shift in regulatory attitude in Hong Kong. He said the company had spent months consulting with regulators, public market investors and local partners before performing the transition.
Originally focused on SIM cards and prepaid technology products, HK Asia Holdings now aims to integrate Bitcoin both as a balance -active and in its business model. This includes plans to roll Bitcoin-related offerings through its retail footprint, such as ATMs and prepaid Bitcoin products.
The first step of the company included the acquisition of 8.88 BTC over a period of time after acquisition, followed by another 10 BTC purchases when the leadership was completed brought its total inventory to 18.88 BTC, appreciated for over $ 1.7 million at the time of the message. Riggins said that further accumulation is planned, although it will continue in accordance with Hong Kong’s measured but transparent regulatory guidance.
“We see it as a way of protecting our balance, and we see it as a way of diversifying, our treasury with an eye on how the rest of the world is moving,” Riggins said.
The strategic intention goes far beyond speculation. Riggins framed Bitcoin as a hedge against macrous security, a tool for prolonged resilience and a bridge to growing global economic infrastructure. He also emphasized how company boards in the region are beginning to engage more seriously with the idea that pointed to the metaplanet in Japan and strategy in the United States as convincing precedent.
While Asia’s Corporate Bitcoin adoption is still in its early stages, interest is growing rapidly. Riggins highlighted South Korea, Thailand, Malaysia and Indonesia as markets with a clear potential to follow. Much of the movement, he noticed, is quietly behind the scenes in China, where institutional stakeholders and state-affiliated investors actively monitor US political shifts and corporate adoption trends.
“I am flooded with messages more and more from, people in the government, people you know, institutional investors who look at this space close to looking for interior information about what is happening here,” said riggins.
Although no formal public features of Chinese state units have been announced, Riggins believes that Bitcoin is already kept indirectly through state affiliated organizations, including state -affected investment arms. He suggested that these holdings could be more significant than publicly known. As the United States moves towards a strategic Bitcoin reserve, he sees China close to – and potentially follow – if global political momentum continues to change.
When looking ahead, Moon Inc. plans. To expand its Bitcoin stocks within Hong Kong’s legislative framework and serve as a model for other Asian companies investigating similar strategies. The company will host Bitcoin Asia in August in Hong Kong and place itself as a regional trailblazer and help catalyze wider business shooting throughout Asia.
Disclaimer: This content was written on behalf of Bitcoin for businesses. This article is intended solely for information purposes and should not be interpreted as an invitation or request to acquire, buy or subscribe to securities. For full transparency, be aware that BTC Inc., the parent company of Utxo Management, has a share in HK Asia Holdings Limited (1723.HK) in partnership with Sora Ventures and other devices.