MSTR Expert: Bitcoin Under $60K Breaks The Market

Adrian Morris is back to break down what Strategy’s latest earnings and the first serious stress test of its preferred-equity machine are revealing. STRC has rebounded after Strategy spent $106 million on buybacks, but Adrian argues the move is still overwhelmingly a Bitcoin and capital-structure story, not proof Strategy can simply defend par.

Asia: Publicly Traded Bitcoin Treasury Companies

Track publicly traded companies holding Bitcoin on their balance sheets, ranked by BTC holdings.

BTC Held by Public Companies

74,109

$5.73B

Number of Public Companies

51

BTC Price

$77,272

Asset Dominance

93.8%
BTC 93.8% ETH 5.5% SOL .47% BNB .14% XRP .14%

Asia: Public Companies Ranked by Bitcoin Holdings

#
Name BitcoinTreasuries logo
1 🇯🇵
43,000
$3,323M
$2,305M
$*,***M
*.********
*.***
***.*%
0.205%
2 🇨🇳
5,833
$451M
$18M
$*M
*.********
$***M
*.**x
****.*%
0.028%
3 🇭🇰
4,201
$325M
$302M
$***M
*.********
$***M
*.**x
***.*%
0.020%
4 🇨🇳
2,380
$184M
$3M
$**M
$***M
*.**x
****.*%
0.011%
5 🇸🇬
1,917
$148M
$1,915M
$*,***M
*.********
*.*%
0.009%
6 🇯🇵
1,717
$133M
$15,487M
$**,***M
*.********
$***M
*.**x
*.*%
0.008%
7 🇸🇬
1,671
$129M
$249M
$***M
*.********
**.*%
0.008%
8 🇯🇵
1,501
$116M
$202M
$***M
*.********
**.*%
0.007%
9 🇯🇵
1,423
$110M
$38M
$**M
*.********
***.*%
0.007%
10 🇮🇱
1,046
$81M
$66M
$**M
*.********
$***M
*.**x
*.***
***.*%
0.005%
11 🇨🇳
1,000
$77M
$33M
$-***M
*.********
***.*%
0.005%
12 🇭🇰
CIMG Inc
938
$72M
$6M
$**M
****.*%
0.004%
13 🇭🇰
833
$64M
$15M
$**M
*.********
$**M
*.**x
***.*%
0.004%
14 🇨🇳
819
$63M
$28M
$**M
*.********
***.*%
0.004%
15 🇨🇳
803
$62M
$1,009M
$*,***M
*.********
*.*%
0.004%
16 🇯🇵
763
$59M
$365M
$***M
$**M
*.**x
**.*%
0.004%
17 🇦🇪
559
$43M
0.003%
18 🇰🇷
bitmax
551
$43M
$46M
$**M
**.*%
0.003%
19 🇹🇷
352
$27M
$431M
$***M
*.*%
0.002%
20 🇨🇳
300
$23M
$28M
$**M
$**M
*.**x
**.*%
0.001%
21 🇰🇷
Bitplanet
300
$23M
$40M
**.*%
0.001%
22 🇯🇵
S-Science
296
$23M
$51M
$**M
$**M
*.**x
**.*%
0.001%
23 🇨🇳
285
$22M
$21,518M
$**,***M
*.*%
0.001%
24 🇰🇷
WEMADE
223
$17M
$397M
$***M
$**M
*.**x
*.*%
0.001%
25 🇰🇷
200
$15M
$32M
$**M
**.*%
0.001%
26 🇹🇭
165
$13M
$79M
$**M
**.*%
0.001%
27 🇯🇵
Mac House
125
$10M
$8M
$-**M
$**M
*.**x
***.*%
0.001%
28 🇰🇷
104
$8M
$105M
$-***M
*.*%
0.000%
29 🇨🇳
100
$8M
$1M
$*M
****.*%
0.000%
30 🇸🇬
88
$7M
$5M
$-*M
***.*%
0.000%
31 🇯🇵
Gumi Inc
80
$6M
$94M
$***M
$*M
*.**x
*.*%
0.000%
32 🇭🇰
YUXING
78
$6M
$23M
$**M
$*M
*.**x
**.*%
0.000%
33 🇹🇭
75
$6M
$14M
$**M
$*M
*.**x
**.*%
0.000%
34 🇯🇵
66
$5M
$414M
$***M
*.*%
0.000%
35 🇨🇳
44
$3M
$10M
$*M
$*M
*.**x
**.*%
0.000%
36 🇭🇰
Moon Inc
42
$3M
$**M
$*M
*.**x
0.000%
37 🇯🇵
30
$2M
$6M
$*M
**.*%
0.000%
38 🇭🇰
30
$2M
$51M
$**M
$*M
*.**x
*.*%
0.000%
39 🇯🇵
Lib Work
30
$2M
$95M
$***M
$*M
*.**x
*.*%
0.000%
40 🇯🇵
25
$2M
$64M
$**M
*.*%
0.000%
41 🇮🇳
21
$2M
$*M
*.**x
0.000%
42 🇯🇵
MBK
18
$1M
$47M
$***M
$*M
*.**x
*.*%
0.000%
43 🇹🇭
15
$1M
$26M
$**M
*.*%
0.000%
44 🇨🇳
13
$1M
$28M
$-***M
$*M
*.**x
*.*%
0.000%
45 🇹🇭
12
$1M
$378M
$***M
*.*%
0.000%
46 🇭🇰
10
$1M
$18M
$**M
*.*%
0.000%
47 🇭🇰
10
$1M
$71M
$**M
$*M
*.**x
*.*%
0.000%
48 🇧🇭
7
$1M
$*M
*.**x
0.000%
49 🇯🇵
5
$0M
$41M
$**M
*.*%
0.000%
50 🇯🇵
5
$0M
$11M
$*M
$*M
*.**x
*.*%
0.000%
51 🇭🇰
1
$0M
$53M
$**M
*.*%
0.000%
52 🇭🇰
0
$0M
$2,556M
$*,***M
0.000%
53 🇸🇬
0
$0M
$11M
$**M
$*M
0.000%
54 🇸🇬
0
$0M
$2,189M
$*,***M
0.000%
Total:
74,109
$5,727M
0.353%

Other Digital Assets Tracked