Taiwan Makes Crypto History: First Bitcoin Treasury Firm Secures $10M War Chest for BTC Acquisition
Taiwan's financial landscape just got a crypto jolt—a homegrown firm has staked its claim as the island's first Bitcoin treasury company. And they're putting their money where their mouth is.
The $10 Million Bet
Fresh capital in hand, the company's gunning for Bitcoin—no hedges, no apologies. While traditional finance still debates ETFs, these players are bypassing middlemen entirely. Smart move or reckless gamble? The market will decide.
Timing Is Everything
August 2025 isn't for the faint-hearted—BTC's either at a generational bottom or prepping for another moonshot. Either way, this firm's throwing punches when others are nursing bear-market hangovers.
Cynical aside: At least they're not buying commercial paper.
Bitcoin treasury companies – 167 and counting
Top Win’s move comes as Bitcoin treasury companies continue to grow in number. The market got a further boost following comments from U.S. Treasury Secretary Scott Bessent. On Thursday, Bessent stated that government-seized BTC will form “the foundation of the Strategic Bitcoin Reserve” President Donald TRUMP announced in March.
Bitcoin that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve that President Trump established in his March Executive Order.
In addition, Treasury is committed to exploring budget-neutral pathways to acquire more…
So far, a growing group of public companies are taking a bullish long term bet on BTC. Top Win joins this trend.
Market data shows shows there are currently 167 public companies holding Bitcoin as a treasury asset. Collectively, these companies hold over 976,132 BTC. Michael Saylor’s Strategy leads the charge with 628,946 BTC, while Metaplanet and Trump Media & Technology Group Corp. hold 18,113 and 15,000 BTC respectively.
Like other firms entering crypto with a treasury strategy, Top Win plans to deploy all proceeds from the raise into purchasing BTC.
The company also plans to consider investing in other publicly listed Bitcoin treasury companies, with some proceeds allocated as working capital. However, it does not intend to operate solely as an investment company.