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Rise of MicroStrategy clones, Asia dominates crypto adoption: Asia Express 2024 review

Rise of MicroStrategy clones, Asia dominates crypto adoption: Asia Express 2024 review

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Source: Coin Telegraph

Will the real “MicroStrategy of Asia” please step forward? Almost half of top 20 countries for crypto adoption are in Asia: Asia Express 2024

With the end of the year in sight, Asia Express looks back at some of the most significant developments for Bitcoin and cryptocurrency in the region in 2024.

MicroStrategy has become the poster child for Bitcoin, snapping up 439,000 BTC, according to BitcoinTreasuries.NET around 2% of the entire supply.

Across Asia, Saylors Bitcoin blueprint has inspired several firms to bet their future on Bitcoin, with more expected to follow suit.

As Asia Express reported last week, Chinese selfie app developer Meitu invested in 31,000 ETH and 940 BTC in the spring of 2021 and sold it all from November on, earning it a tidy profit.

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Author: Yohan Yun