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As investors scan the horizon for early signals of a Bitcoin rally to $1 million, Bloomberg analyst Eric Balchunas has predicted that God candles will become a rarity. While price spikes will be few and far between, Balchunas noted that ETFs and corporate adoption will eliminate vomit-inducing drawdowns for the largest cryptocurrency. No More Bitcoin
The post Bitcoin’s Era Of God Candles Is Over, Bloomberg Analyst Warns appeared first on CoinGape.
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space.
Tesla’s quarterly decline contrasts with gains in its bitcoin treasury, while a Japanese firm, Quantum Solutions, targets a $367M acquisition of BTC. Korean infrastructure leader DSRV secures funding, and Tron Inc. prepares Nasdaq ceremony, signaling institutional crypto adoption momentum.
Tesla faces mounting challenges as second-quarter results reveal the automaker’s steepest revenue decline in a decade, dropping 12% year-over-year to $22.5 billion. Vehicle deliveries fell 12.6% to 143,535 units while earnings per share declined 23% to $0.40, reflecting broader market pressures and competitive dynamics.
The company’s electric vehicle market dominance is showing signs of erosion, with its market share maintaining 46.2%, while GM is aggressively closing the gaps, advancing from 10.8% to 14.9% quarterly. Tesla’s core automotive revenue declined 16% to $16.66 billion, indicating structural headwinds that extend beyond typical cyclical patterns.
However, new FASB accounting rules provide unexpected balance sheet relief through Tesla’s 11,509 BTC holdings, now valued at approximately $1.36 billion. The regulatory shift allows quarterly fair-value reporting rather than historical cost basis, enabling Tesla to recognize bitcoin’s 42% appreciation since April directly on financial statements. This development highlights the strategic value of corporate cryptocurrency treasury strategies during traditional business cycles.
Japanese AI firm Quantum Solutions announced plans to acquire up to 3,000 BTC over twelve months, establishing bitcoin as a strategic treasury reserve asset. The initiative positions the Tokyo-listed company as Japan’s second corporate bitcoin adopter, following MetaPlanet‘s pioneering approach.
Hong Kong-based Integrated Asset Management will provide $10 million initial funding through Quantum Solutions’ subsidiary GPT Pals Studio Limited. The acquisition strategy targets approximately $367 million in bitcoin holdings at current market valuations, representing a significant corporate balance sheet transformation.
CEO Francis Chow emphasized institutional discipline in execution, citing the company’s unique position to develop bitcoin-centric capital structures. The program incorporates cold-hot wallet segregation, internal controls, and comprehensive audit frameworks under Hong Kong’s regulatory clarity.
This strategic pivot reflects broader institutional recognition of bitcoin’s role in inflation hedging and monetary policy risk mitigation across global markets.
South Korean blockchain infrastructure firm DSRV raised approximately $12 million in Series B funding despite challenging investment conditions. Major domestic investors including Intervest and NICE-SK Securities participated in the initial round, with additional institutional funding planned next month.
DSRV operates infrastructure across 70+ global blockchain networks, managing over $3 billion in digital assets while ranking among top-10 validators worldwide. The company reported $7.8 million annual revenue with $2.3 million net profit, demonstrating sustainable profitability in volatile markets.
The funding validates DSRV’s expansion into stablecoin and payment infrastructure services. Holding domestic VASP licensing in South Korea, the company prepares for aggressive global expansion across US, Japanese, and African markets while scaling custody operations and blockchain development capabilities.
Tron Inc. will ring the Nasdaq Opening Bell on Thursday, marking a strategic transformation toward blockchain-integrated treasury operations. Justin Sun, TRON Blockchain founder and Global Advisor, will lead the ceremony from Times Square’s MarketSite.
As the publicly traded entity holding the largest TRON token reserves, the company represents institutional convergence between traditional equity markets and decentralized finance infrastructure. CEO Rich Miller emphasized building shareholder value through strategic innovation.
Beyond blockchain treasury holdings, Tron Inc. maintains diversified operations manufacturing custom merchandise for major theme parks including Disney and Universal, creating a hybrid business model bridging entertainment and digital assets.
Shigeki Mori contributed.
The post Tesla’s Bitcoin Gains, Japan AI firm’s BTC Treasury Strategy and More appeared first on BeInCrypto.
Public companies are taking a more aggressive stance on Bitcoin (BTC) than even the much-celebrated exchange-traded funds (ETFs). For the third consecutive quarter, they acquired more BTC than ETFs in Q2 2025.
The trend signals a broader strategic shift among corporate treasuries to adopt Bitcoin as a balance sheet asset.
Barely a month ago, BeInCrypto reported that more than 60 companies are following MicroStrategy’s Bitcoin playbook, with the report coming ahead of the second quarter (Q2) closing.
Based on the latest findings, public companies continue to uphold the MicroStrategy playbook, progressively mainstreaming the strategy in a crypto-friendly US regulatory environment.
According to data on Bitcoin Treasuries, public companies increased their BTC holdings by roughly 18% in Q2, adding approximately 131,000 BTC.
Exchange-traded funds, by comparison, despite their popularity since the US Bitcoin ETF approval wave in January 2024, only expanded their holdings by 8%, or around 111,000 BTC, during the same period.
The trend marks a clear divergence in buyer behavior. While ETFs typically serve investors seeking price exposure to Bitcoin through regulated financial products, public companies acquire BTC with a longer-term strategic mindset.
They aim to increase shareholder value by holding BTC as a reserve asset or to gain exposure to what many view as digital gold.
This shift is particularly significant in the context of US policy. Since President Donald Trump’s re-election, the regulatory environment has shifted in favor of the crypto industry.
In March, Trump signed an executive order establishing a US Bitcoin reserve. This symbolic but powerful move eliminated much of the reputational risk associated with corporate BTC holdings.
The last time ETFs outpaced companies in BTC acquisition was in Q3 2024, before Trump’s return to office.
This Q2 surge included some high-profile moves, including GameStop. The electronics company, once at the center of retail trading frenzies, began accumulating BTC after approving it as a treasury reserve asset in March.
Similarly, Healthcare firm KindlyMD merged with Nakamoto, a Bitcoin investment company founded by crypto advocate David Bailey.
Meanwhile, ProCap, Anthony Pompliano’s new investment vehicle, announced its own BTC accumulation strategy while preparing to go public via SPAC.
We now hold more bitcoin than Gamestop.
The race is on to acquire as many bitcoin as possible.$CCCM $GME pic.twitter.com/Z2RdDl1nYi
— Anthony Pompliano
(@APompliano) June 25, 2025
Nevertheless, Strategy (formerly MicroStrategy) remains the undisputed leader in the corporate Bitcoin race with 597,325 BTC under management. Mara Holdings follows, holding 49,940 coins.
Combined, public companies now hold approximately 855,000 BTC, about 4% of Bitcoin’s fixed supply cap of 21 million.
ETFs still hold more in absolute terms (around 1.4 million BTC or 6.8%), but corporate buying momentum has been stronger in recent quarters.
While the long-term sustainability of the corporate Bitcoin rush is up for debate, the short-term momentum is unmistakable.
As Bitcoin becomes more normalized, traditional institutional investors may bypass proxies such as ETFs and treasuries, eventually gaining direct exposure through regulated channels. Still, corporate treasuries are acting as a powerful new mechanism for pushing Bitcoin forward.
With the regulatory climate aligned and equity markets offering new ways to access capital, companies are leveraging their balance sheets not just to hedge, but to outperform.
The post Public Firms Outpace ETFs in Bitcoin Accumulation for Third Straight Quarter appeared first on BeInCrypto.
Changpeng “CZ” Zhao, former CEO of Binance, is advising Kyrgyzstan on becoming a crypto hub. He signed an agreement with the Kyrgyz National Investment Agency to build the nation’s Web3 capacities.
A cornerstone of this plan is Kyrgyzstan’s A7A5 stablecoin, pegged to the Russian ruble and focused on emerging markets. CZ claimed that he has been advising several governments “officially and unofficially” regarding crypto.
Countries worldwide are becoming more interested in crypto integration lately. Although Kyrgyzstan has not been a particular hub for crypto activity, it is trying to turn a new leaf.
According to the latest announcements, the country is developing a new A7A5 stablecoin pegged to the Russian ruble. Kyrgyzstan’s crypto turn is also being influenced by Changpeng “CZ” Zhao, the founder of Binance.
“A Memorandum of Understanding has been signed between the National Investment Agency under the President of the Kyrgyz Republic and Changpeng Zhao (CZ). In accordance with the Memorandum, the parties intend to cooperate in the development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic,” claimed President Sadyr Zhaparov.
CZ is a very influential figure in crypto and has been involved with a few official governments in his career. For example, last month, allegations surfaced that he was working with President Trump to establish a new dollar-backed stablecoin.
Meanwhile, CZ acknowledged his business in Kyrgyzstan, claiming that he introduced President Zhaparov to X, the social media site.
“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading. I find this work extremely meaningful,” CZ claimed via social media.
Although CZ’s connection with Kyrgyzstan’s new A7A5 stablecoin is not fully known, it would align with his recent alleged Trump dealings.
Zhaparov’s statement claimed that the Binance founder will provide infrastructural, technological support, technical expertise, and consulting services on crypto and blockchain technologies.
Also, the president went on to state that this agreement with CZ will strengthen Kyrgyzstan’s standing in the growing Web3 environment. The long-term plan is to help create new opportunities for Kyrgyz businesses and society as a whole.
Presumably, this will involve some cooperation with Russia, as A7A5’s press release mentions “a new class of digital assets tied to the Russian economy.” This stablecoin is bucking significant tradition by aligning with the ruble instead of the dollar.
However, this is part of its strategy to focus on emerging markets. This novel experiment could demonstrate new market opportunities and challenge the dominance of USD-pegged stablecoins in the region.
The post Binance’s CZ Is Advising Kyrgyzstan On Crypto and Blockchain Adoption appeared first on BeInCrypto.