Article author: Lesley
Article source: ME
During Bitcoin Asia 2025, Hong Kong once again became a focal point for the global crypto industry. As a key hub connecting traditional finance and digital assets, this Asian financial center provides a platform for communication and collaboration among global Bitcoin practitioners.
Bitcoin Asia 2025 is one of the world's most anticipated Bitcoin conferences, hosted by BTC Inc. David Bailey is the co-founder of the Bitcoin Conference and CEO of Nakamoto, the original Bitcoin holding company.
Recently, David Bailey is promoting an ambitious global expansion plan - establishing Bitcoin treasury companies in 80 capital markets around the world to accelerate the adoption and influence of Bitcoin in capital markets around the world.
As the price of Bitcoin remained stable at $100,000, ME CEO Jessica had an in-depth conversation with David Bailey and Jack Kong, founder of Nano Labs, director of Hong Kong Cyberport, and member of Hong Kong's third-generation Internet development team, to discuss Nakamoto's global expansion path, Asian market strategy, and the future of the Bitcoin treasury model.
Nakamoto's global Bitcoin deployment plan
At the beginning of the interview, David Bailey outlined Nakamoto's global expansion plans, focusing on investing in companies implementing Bitcoin treasury strategies, aiming to become a "Treasury of Treasuries." He noted, "Bitcoin treasury strategies aren't exclusive to Michael Saylor; they will become a global capital market phenomenon."
This isn't a simple geographical replication, but rather a reconstruction of financial infrastructure. "There are 80 independent capital markets around the world, and we plan to establish 80 Bitcoin treasury companies in each of them. This will require substantial capital to support." Because each market has unique regulatory environments and capital characteristics, Nakamoto's strategy is to localize successful treasury models to adapt to local financial ecosystems.
To support this ambitious plan, Nakamoto employed a unique capital structure, which David Bailey likened to "Strategy Squared" or "a Bitcoin treasury company banking strategy." Its core is to build a massive Bitcoin balance sheet, using this Bitcoin to invest in treasury companies and emerging markets around the world.
Nakamoto is building a global Bitcoin capital network that could redefine global standards for corporate asset allocation and currency reserve strategies.
Experiments in the Asian Market: Moon Inc. and Metaplanet
In fact, Nakamoto's global Bitcoin layout plan has already taken the first step in the Asian market.
First, David Bailey discussed the world's two "Bitcoin superpowers"—the United States and China—and expressed his expectations for the future development of blockchain technology in China, using Hong Kong as a starting point. Despite numerous regulatory challenges, Bailey remains confident in this market, noting that existing mechanisms such as the Shanghai-Hong Kong Stock Connect offer a viable path to achieving this goal.
According to an announcement from the Hong Kong Stock Exchange, on June 9, 2025, the listed company "Hong Kong Asia Holdings" was renamed "Heng Yue Holdings," becoming a Hong Kong-based Bitcoin treasury company with David Bailey as Executive Director. As a key component of its expansion into the Chinese market, David Bailey hopes to become "a Bitcoin financial institution serving the Chinese market, particularly institutional investors."
Metaplanet is another example of a success story within Nakamoto's plan. David Bailey explained, "From a small company valued at $15-20 million a year ago, Metaplanet has grown to a market capitalization of $4.5 billion and holds a cumulative 20,000 bitcoins. More importantly, the company recently announced it is raising $1.5-3 billion in a private placement, which will increase its holdings by an additional 15,000-30,000 bitcoins."
David Bailey also specifically mentioned the unique advantages of the Japanese market: not only is the market size huge, but the debt cost is also extremely low, which creates conditions for Bitcoin Treasury companies to use financial instruments that are difficult to achieve in other high-interest environments.
Asian Expert Perspective: Trends and Opportunities in Bitcoin Treasury Strategies
As a key figure in facilitating the collaboration between David Bailey and Hengyue Holdings, Jack Kong offers unique insights from his perspective as an Asian treasury strategy expert. "Bitcoin treasuries have been around for five years, but only recently have they gained acceptance," he explains.
He said that compared with ETFs, treasury companies have lower management costs, and more importantly, treasury companies can use larger financial instruments to achieve better purchases of Bitcoin and purchase larger amounts of Bitcoin.
Jack Kong further pointed out the impact of market fluctuations on treasury companies: "If everyone is bullish on Bitcoin in the long term, then the opportunities for treasury companies actually always exist, and especially in a bull market, it may have a good positive premium, which will encourage treasury companies to buy more digital currencies, or even Bitcoin itself." This observation reveals the self-reinforcing mechanism of the Bitcoin treasury model - when the market rises, the positive premium provides companies with more capital to increase their holdings of Bitcoin, thereby further promoting their strategic execution.
Summary: A new chapter in the globalization of Bitcoin treasury
This in-depth dialogue in Hong Kong revealed the future trend of the Bitcoin treasury model moving from an innovative experiment in the United States to a global layout.
At the end of the interview, David Bailey confidently predicted: "Bitcoin will reach $1 million, then $10 million, and then $100 million per coin. So, don't sell your Bitcoin."
At a time when Bitcoin has just stabilized at $100,000, this statement is not only an encouragement to believers, but also a declaration of David Bailey's confidence in the global Bitcoin treasury network - in the future, in the network consisting of 80 market nodes built by Nakamoto, Bitcoin will evolve from digital gold to a new standard for global corporate reserve assets.
