Welcome to the Asia-Pacific Morning Brief—an essential summary of overnight cryptocurrency developments shaping regional markets and global sentiment. Prepare your green tea and stay tuned.
Japanese companies are showing different stances on Bitcoin. Remixpoint is accumulating large financial holdings, while Value Creation has completely withdrawn. Korean exchanges reported mixed quarterly results amid market volatility. Hong Kong regulators warned about stablecoin speculation after sharp price fluctuations.
Differences in Japanese Companies' Bitcoin Strategies
In the first quarter results, Remixpoint reported substantial profits with its Bitcoin financial strategy. The company holds 1,168 BTC, valued at ¥207 billion with ¥43 billion in unrealized gains. Sales increased by 50.8% to ¥65 billion, and operating profit rose by 3,137% annually to ¥17 billion.
Remixpoint's diversified cryptocurrency portfolio includes Ethereum, Solana, XRP, and Dogecoin, with a total value of ¥224 billion. The company aims to become Japan's top Bitcoin financial company through an aggressive acquisition strategy. Meanwhile, Value Creation took the opposite approach by completely exiting cryptocurrencies.
Bitcoin! Thank you for the special profit! Value Creation, 9238 pic.twitter.com/nw9IsIEe8Q
— Akito Shintani / Value Creation Inc. (@value_shinya) August 14, 2025
Value Creation sold its entire 30.38 BTC position, generating ¥5.2 billion in non-operating income. The TSE growth-listed company recently reduced its cryptocurrency holdings to zero. These contrasting approaches highlight the different cryptocurrency philosophies of companies in Japan's evolving digital asset landscape.
Korean Exchange Performance Mixed
Dunamu, operator of Upbit, reported a 11.2% increase in second-quarter sales to ₩285.7 billion. However, operating profit decreased by 3.9%. The company explained reduced profitability due to weakened investor sentiment while maintaining solid half-year results. Market recovery signs and global regulatory discussions like the US GENIUS bill supported performance.
Bithumb expanded its market share to 27.3%, with second-quarter sales increasing 28.4% year-on-year to ₩134.4 billion. However, operating profit decreased by 34.7% due to aggressive marketing costs and cryptocurrency asset valuation losses. The exchange assessed that new user acquisition and service improvements drove growth momentum.
Coinone founder Cha Myung-hoon is stepping down from the co-CEO position after 11 years of leadership. Local media Digital Asset reported that Lee Sung-hyun will become the sole CEO, while Cha remains the largest shareholder and chairman. This leadership transition reflects the competitive market situation in Korea.
Hong Kong Regulators Warn Stablecoin Market
Hong Kong's financial supervisory authorities warned investors about speculative trading linked to stablecoin assets. The Hong Kong Monetary Authority and Securities and Futures Commission observed sharp price fluctuations in a joint statement. Companies experienced stock price volatility following unverified license claims and social media speculation.
Hong Kong introduced a stablecoin license framework as digital asset regulation expands this year. HKMA will apply strict approval criteria, with only a few licenses expected to be issued initially. Few companies have collaborated with regulators, and initial discussions do not guarantee license success.
Regulators warned investors to avoid interest-driven decisions and conduct proper research before trading. The SFC's monitoring team uses advanced detection systems to track potential market manipulation. Officials emphasized that misleading statements could face strict enforcement actions.
