AsiaStrategy has initiated its plan to amass a $1 billion Bitcoin treasury, beginning with the acquisition of 30 BTC on September 30.
The Hong Kong-based company, which recently rebranded and shifted its focus to digital assets, has selected Anchorage Digital to provide custody and settlement infrastructure for its treasury operations across Asia and the United States.
Institutional custody and cross-border settlement
Anchorage Digital, which operates as the only federally chartered crypto bank in the U.S. and holds licenses in Singapore and New York, will serve as the primary custodian for AsiaStrategy’s Bitcoin holdings.
This arrangement provides AsiaStrategy with a unified platform for cold and warm storage, on/off-ramp settlement, and auditability across multiple jurisdictions.
The company aims to streamline its treasury operation) and plans to increase Bitcoin purchases over time.
Retail integration and regional expansion
Following a $10 million capital raise, AsiaStrategy expanded its business by enabling luxury watch sales settled in Bitcoin, aligning retail and treasury functions on the same asset base.
The company has also facilitated cross-border transactions in Thailand and is exploring further expansion in Southeast Asia, leveraging Anchorage’s regulated custody to enable larger balance-sheet allocations and standardized post-trade workflows.
Operational benefits and future plans
By relying on Anchorage Digital, AsiaStrategy can align institutional settlement cycles with corporate accounting periods and disclosure requirements.
This setup helps reconcile Bitcoin inventory for both treasury and commerce, addresses cut-off times, and mitigates counterparty risk.
Luke Liu, chief investment officer at AsiaStrategy, highlighted the strategic importance:
“We are building to scale Bitcoin treasury across Asia, and the Anchorage partnership secures the infrastructure required for that plan.”
The company emphasized it intends to add to its initial 30 BTC holding and maintain Anchorage Digital as its core custody and settlement provider as it expands its Bitcoin treasury footprint across the region.
