Hong Kong company splurges 760,000 to buy BTC: Is it doubling down on the Bull Market faith, or a bold move of dumb buying at a high level?

HK Asia is doubling down, is Bitcoin heating up?

On February 20, Hong Kong investment company HK Asia Holdings Limited announced that it had spent $761,000 to buy 7.88 BTC, pushing its total holdings to 8.88 BTC at an average cost of $97,000. As soon as this news came out, I couldn't sit still—this is adding leverage at the crucial moment when BTC breaks through the $100,000 mark! Following the initial investment disclosure on February 16, the company made another move within three days, clearly demonstrating a firm commitment to Bitcoin. Is this an explosion of bull market faith, or a bold gamble of buying at a high point? Let's delve into the truth behind this deal with some emotions!

1. Buy 7.88 coins for 760,000: HK Asia's 'faith recharge'

This time, HK Asia made a move, with a unit price of about $96,500 (761,000 ÷ 7.88), slightly lower than the first investment in one BTC on February 16 (estimated at about $100,000), all funds coming from internal resources, approved by the board of directors, straightforward and decisive.

On February 20th, the spot price of BTC fluctuated between $98,000 and $102,000. HK Asia's precise buy-in at the low point demonstrates its keen sense of market timing. The total value of 8.88 BTC is approximately $863,000 (based on an average price of $97,000), with a floating profit of over 5%.
This is not just a casual play. HK Asia has bought BTC twice in a row, clearly betting on BTC as a core asset. The average price of 97,000 is not cheap, but if BTC surges to 106,000, the return on this investment can exceed 10%, earning a full pot of gold!

Seeing this operation, I can't help but shout: this company has guts, faith full!

Second, Bitcoin frenzy: institutional entry sets off a new wave

HK Asia's increase in positions is not an isolated case. In early 2025, MicroStrategy bought another 10,000 BTC, and this small-scale company in Hong Kong followed suit, as if it had caught a whiff of the 'bloody scent' of the bull market.

In 2024, BTC ETF inflows exceeded 20 billion USD, with institutional holdings increasing from 20% to 25%. Although 8.88 coins in HK Asia may not be a large amount, their symbolic significance is explosive - Asian capital is accelerating its deployment.
This is simply giving retail investors chicken blood! BTC is fluctuating around the 100,000 mark, yet institutions dare to buy at high prices, indicating that they are not afraid of a pullback, but are eyeing the big cake of 150,000 or even 200,000 next year. I'm starting to wonder: could this Bull Market wave be even crazier than we think?

HK Asia's move ignited my adrenaline!

Three, what should retail investors do: follow the trend to buy the dip or stay calm and watch?

HK Asia's 760,000 luxury purchase has opened up new possibilities for us ordinary people. Is it time to go all in with institutions at the current 98,000 BTC (February 23), or wait for a pullback to get in?

Over the past week, BTC outflowed 571 million, but institutional buying signals frequently appeared, with support levels at 92,000-94,000 as solid as a rock. If it falls to this range, positions can be established in batches, targeting 106,000, aiming for a profit of 10%+.
Don't have 760,000 cash? No problem! Buy 0.01 BTC in spot (about $980), earn steadily with 5% annualized return. HK Asia dares to buy, you can also give it a try!

Institutions take the lead, and I can't help but shout: Don't be cowardly, the opportunity is here!

Do you dare to stud BTC with HK Asia?

HK Asia made two big purchases of BTC, holding 8.88 coins, as if declaring war on the market: The bull market is just beginning! What do you think? Do you think their high-level dumb buying is too risky, or do you believe in the faith that BTC is going to surge to 150,000? Come and leave a message, talk about whether you are a warrior who is all in on BTC, or part of the wait-and-see party? Let's find gold together in this wave of excitement! If you like this kind of hot analysis, follow and I'll take you to catch more opportunities in the bull market next time!