HK Asia Holdings

πŸ‡­πŸ‡°Hong Kong
1723.HK
Holding bitcoin since Feb 13, 2025
Websote

BTC Holdings

28.88

Total P&L
+25.36%

Total profit/loss on Bitcoin holdings

Average Cost per BTC
$87,494

Average price paid for each Bitcoin

Share Price
$3.9

Current trading price per share

Market Cap
$236M

Total market capitalization

Enterprise Value
$195.8M

Market cap plus debt minus cash

NAV Multiple
74.459

Net Asset Value multiplier

BTC / Market Cap
1.34%

Bitcoin holdings as % of market cap

About HK Asia Holdings

HK Asia Holdings Limited, listed on the Hong Kong Stock Exchange with the ticker 1723.HK, is an investment holding company headquartered in Hong Kong. Originally engaged in the wholesale and retail of pre-paid products, it has evolved to embrace innovative financial strategies. Its business model focuses on value creation through diversified investments and operational efficiency in consumer services. Core operations include managing the distribution of pre-paid items while pursuing strategic expansions to enhance shareholder value in dynamic markets.

The company pioneers a Bitcoin treasury strategy, designating Bitcoin as a central reserve asset to diversify its financial portfolio and hedge against currency depreciation. This approach underscores its commitment to viewing Bitcoin as a tool for long-term preservation in corporate finance. Beyond treasury management, HK Asia Holdings integrates broader digital asset strategies, emphasizing innovation in global financial landscapes to support sustainable growth.

HK Asia Holdings holds a notable industry presence as a trailblazer in Greater China for adopting Bitcoin in treasury practices, attracting significant interest in evolving markets. Its leadership team drives a forward-thinking vision, blending traditional operations with digital finance. By aligning with transformative technologies, the company positions itself for enduring relevance in the intersection of consumer services and decentralized assets.

Recent Developments

  • Apr 11, 2025: Bitcoin holdings increased by 10.00 BTC to 28.88 BTC with cost basis of $2.5M (BTC @ $79.5K), stock price $3.83
  • Mar 20, 2025: Bitcoin holdings increased by 10.00 BTC to 18.88 BTC with cost basis of $1.7M (BTC @ $85.3K), stock price $5.80
  • Feb 16, 2025: Bitcoin holdings increased by 7.88 BTC to 8.88 BTC with cost basis of $861.6K (BTC @ $97.2K), stock price $2.85
  • Feb 13, 2025: Bitcoin holdings increased by 1.00 BTC to 1 BTC with cost basis of $96.2K (BTC @ $96.5K), stock price $1.28
HK Asia Holdings β€” Bitcoin Holdings Over Time
February 13, 2025 - Present
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HK Asia Holdings β€” Stock vs BTC Dynamics
February 13, 2025 - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Apr 11, 2025
β‚Ώ28.88
10
$2.5M$79,534$3.83
Mar 20, 2025
β‚Ώ18.88
10
$1.7M$85,263$5.8
Feb 16, 2025
β‚Ώ8.88
7.88
$861.6K$97,221$2.85
Feb 13, 2025
β‚Ώ1
1
$96.2K$96,469$1.28