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A House Of Cards Built On Bitcoin: Why Strategy Inc. Can’t Outrun Its 90-Day Clock

A House Of Cards Built On Bitcoin: Why Strategy Inc. Can’t Outrun Its 90-Day Clock

Let me begin by saying this. I have nothing against Bitcoin, but did see flaws in the treasury model. I have also voiced that out in an earlier article, too.

There is a certain seduction in the story of Strategy Inc., the company formerly known as MicroStrategy, that has bewitched investors, pundits, and even seasoned crypto natives for years. On the surface, it appears to be a grand corporate embrace of digital gold: a publicly traded entity hoarding Bitcoin not as a speculative side bet, but as a strategic treasury reserve. In a world drowning in fiat inflation and institutional timidity, Strategy Inc. seemed to offer a rare act of conviction, a bold bet on a post-fiat future. But look closer, and the illusion evaporates. The company reported just 54 million dollars in cash on hand, yet faces more than 640 million dollars in annual preferred dividend obligations. Its legacy software business, once the engine of its existence, remains cash-flow negative. There is no internal engine generating the capital needed to sustain its promises. Instead, Strategy Inc. has built a financial house of cards powered entirely by external capital markets, one that only functions so long as investors are willing to keep buying in.

And for a while, they did. From January through September 2025 alone, the company raised 19.5 billion dollars, not to buy more Bitcoin, but to refinance existing debt. This is not innovation. It is recursion. It is a system where new equity and debt issuances are used to pay dividends to prior investors. The only reason this did not feel like a Ponzi scheme was that Strategy’s stock consistently traded at a significant premium to its Bitcoin net asset value. At a 2x premium, every new share issuance effectively increased per-share Bitcoin ownership for existing holders, a virtuous loop that masked the underlying insolvency of the model. But that premium has now vanished. As of late 2025, Strategy trades roughly at par with its Bitcoin net asset value. The magic is gone. Issuing new shares no longer enriches existing shareholders. It dilutes them.

This shift is catastrophic for a model that depends entirely on perpetual capital inflows. Without a premium, there is no arbitrage advantage to issuing equity. Without equity issuance, there is no way to fund those monstrous preferred dividends, especially now that management has raised the dividend rate from 9.0 percent in July to a jaw-dropping 10.5 percent by November. This is not confidence. It is panic. The structure includes no cap on the dividend rate, meaning that every time the common share price dips below 100 dollars, the yield automatically ratchets higher to attract buyers. It is a feedback loop of compounding desperation: lower price, higher yield, greater capital burn, greater pressure on price. The math is accelerating toward a cliff.

The most immediate existential threat is not market sentiment or macro volatility. It is mechanical. On January 15, 2026, MSCI will implement a rule change excluding any company with more than 50 percent of its assets in digital currency from its indices. Strategy Inc. holds 77 percent of its balance sheet in Bitcoin. This is not a judgment call. It is a binary, algorithmic exclusion. JPMorgan estimates the delisting could force passive funds to dump 2.8 billion dollars in Strategy stock immediately. If other index providers follow suit, the total outflows could swell to 8.8 billion dollars. In a stock where 15 to 20 percent of its market cap is already tied to algorithmic strategies that trade on technicals rather than fundamentals, such a forced selloff could trigger a death spiral.

We got a preview of this vulnerability on October 10, 2025. In just 14 hours, Bitcoin dropped 17 percent, order book depth evaporated by 90 percent, and 19 billion dollars in leveraged positions were liquidated across the ecosystem. The event laid bare a fundamental truth: Bitcoin’s market, for all its headline size, remains structurally shallow. The notion that Strategy Inc. could offload 1 billion dollars of Bitcoin annually without moving the market is pure fantasy, shattered not by theory but by real-time data. If the company is forced to sell even 100,000 of its 649,870 coins to meet obligations, it would not just depress the price. It could ignite a systemic cascade, especially if leveraged players interpret the sale as a signal of institutional capitulation.

This is not a critique of Bitcoin, far from it. Bitcoin, as a decentralized, censorship-resistant, apolitical monetary network, remains as compelling as ever. It will likely outlive Strategy Inc., the Federal Reserve’s current chair, and possibly even the dollar’s global reserve status. The issue is not the asset. It is the attempt to graft Bitcoin’s infinite time horizon onto a corporate entity bound by quarterly earnings, SEC disclosures, and 90-day liquidity windows. Sovereign treasuries have operated for centuries. Corporations operate on credit cycles. You cannot run a company like a nation-state, especially when that company has no real operating income and is leveraged to the hilt on a volatile asset.

Strategy Inc.’s entire thesis rests on the assumption that capital markets will remain infinitely accommodating, that investors will always be there to buy newly issued shares or bonds to fund its preferred dividends. But markets are not infinite. They are cyclical, emotional, and brutally efficient at exposing leverage masquerading as strategy. The moment the premium disappeared, the model broke. The moment the index exclusion became inevitable, the countdown began.

We will know the outcome by March 2026. Either Strategy Inc. will be forced into a humiliating restructuring, slashing its preferred dividend, selling Bitcoin at a loss, and retreating into a shadow of its former self, or it will collapse entirely, taking with it the credibility of the entire corporate Bitcoin treasury narrative. Some will call it bad luck. Others will blame macro headwinds. But the truth is simpler: this was never sustainable. It was a high-risk financial structure dressed in the language of conviction, powered by recursive capital raises and investor FOMO.

The data is public. The mechanics are transparent. The outcome is not uncertain. It is mathematically inevitable. What remains is our collective willingness to finally see the 48 billion dollar illusion for what it is: not a visionary bet on Bitcoin, but a self-reinforcing error that mistook leverage for legacy, and market timing for strategy. In the end, Strategy Inc. will not be remembered as a pioneer of digital treasury management. It will be remembered as the cautionary tale of what happens when financial engineering masquerades as principle, and when a company confuses a bull market for a business model.

 

Additional Notes:

– Reduce digital assets to 49% to stay in the indices

– Sell short-term, hold long-term

– If the biggest treasury fails, the snowball sell effect

– If the biggest treasury fails, what about the rest of the treasuries

– Additional funding

 

 

Source: https://www.benzinga.com/Opinion/25/11/49059248/a-house-of-cards-built-on-bitcoin-why-strategy-inc-cant-outrun-its-90-day-clock

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Profit-taking and peril: Equities consolidate, bonds turn hawkish, and Bitcoin tests its limits

Profit-taking and peril: Equities consolidate, bonds turn hawkish, and Bitcoin tests its limits

The past week has seen a noticeable retreat in global risk appetite, with traders and institutional investors adopting a more cautious stance ahead of the third-quarter earnings season. This consolidation phase reflects a natural pause following a strong rally in equities, with market participants reassessing valuations and positioning themselves for potential volatility once corporate earnings reports begin to roll in.

US equities closed lower on Thursday, with the Dow Jones Industrial Average shedding 0.5 per cent, the S&P 500 down 0.3 per cent, and the Nasdaq Composite slipping 0.1 per cent. These modest declines underscore a broader theme of profit-taking rather than panic selling, suggesting that the market remains fundamentally sound but increasingly selective.

Adding to the uncertainty, key US economic data releases have been disrupted by the ongoing government shutdown. Weekly jobless claims and wholesale trade figures, initially scheduled for Thursday, remain delayed, depriving analysts of timely insights into labour market resilience and inventory trends. Market attention now shifts to Friday’s release of the University of Michigan’s preliminary consumer sentiment index for October.

Given that consumer confidence often serves as a leading indicator of spending behaviour and economic momentum, this report could significantly influence near-term market direction, especially if it reveals a sharp deterioration in household outlooks amid persistent inflation concerns or rising borrowing costs.

Meanwhile, the bond market continues to reflect a nuanced outlook on monetary policy. US Treasury yields edged higher, with the benchmark 10-year yield climbing 2.1 basis points to 4.138 per cent and the two-year yield rising 1.2 basis points to 3.593 per cent. The modest uptick in yields suggests that investors are recalibrating expectations for future Federal Reserve rate cuts, possibly in response to resilient economic data or hawkish commentary from central bank officials. This dynamic places additional pressure on equities, particularly growth-oriented sectors that are sensitive to higher discount rates.

Currency and commodity markets also mirrored the prevailing risk-off mood. The US Dollar Index strengthened by 0.6 per cent to reach 99.54, benefiting from its traditional safe-haven status during periods of market caution. Conversely, gold retreated 1.6 per cent to US$3976 per ounce after briefly touching a record high.

The pullback in the precious metal appears driven by profit-taking rather than a fundamental shift in its appeal as a hedge against uncertainty. Similarly, Brent crude oil settled 1.6 per cent lower at US$65.22 per barrel, pressured by easing geopolitical tensions in the Middle East and the broader retreat from risk assets.

In Asia, equity markets displayed a mixed performance. The Chinese CSI 300 index surged 1.48 per cent on Thursday, its first trading day following the week-long National Day holiday. The rally was led by sectors tied to artificial intelligence and gold, reflecting both domestic policy optimism and global commodity trends.

However, early trading sessions on Friday showed more subdued activity, indicating that the initial post-holiday euphoria may be giving way to more cautious positioning. Notably, US equity index futures point to a higher open on Wall Street, suggesting that the recent dip may have created attractive entry points for bargain hunters.

Amid this backdrop, Bitcoin has emerged as a focal point of intense speculation and technical scrutiny. The cryptocurrency is currently trading above US$121,000, yet it faces mounting bearish pressure that could trigger a test of critical support levels. On Thursday, Bitcoin briefly dipped below the psychologically important US$120,000 mark, reaching an intraday low of US$119,810 before recovering slightly. This move, which represented a nearly three per cent decline in a single session, highlights the asset’s vulnerability despite its lofty valuation. Technical indicators reinforce this cautionary tone.

The hourly chart reveals a developing bearish trend line, with resistance forming around US$122,750. Bitcoin now trades below both the US$121,500 level and its 100-hour Simple Moving Average, signalling weakening short-term momentum. Immediate resistance sits at US$121,750, while the hourly MACD shows increasing strength in negative territory and the RSI has fallen below the pivotal 50 level, both classic signs of bearish dominance.

The derivatives market further underscores this fragile sentiment. Total derivatives volume plummeted by 15.24 per cent to US$478.15 trillion, while open interest in perpetual contracts declined by 1.29 per cent. This contraction coincided with Bitcoin’s drop below US$124,000 and triggered approximately US$700 million in liquidations.

The high leverage embedded in the system, evidenced by open interest standing at US$1.12 trillion, amplified the downside as leveraged positions were forcibly unwound. Traders appear to be reducing exposure in response to stretched technical conditions, with the 14-day RSI hovering near 69.88, just shy of overbought territory. Moreover, the spot-to-perpetuals trading ratio of 0.22 indicates that derivatives activity continues to dominate the market, rendering it especially susceptible to sharp swings and cascading liquidations.

Compounding Bitcoin’s challenges, the altcoin ecosystem is experiencing its own wave of selling pressure. New token launches such as ASTER and MIRA have faced immediate post-listing declines, driven by large-scale airdrops and token unlocks. ASTER’s Phase 2 airdrop released four per cent of its total supply, prompting whales to offload 28.3 million tokens and driving the price down by 10 per cent.

Similarly, MIRA’s circulating supply surged by 191 million tokens following its Binance listing, overwhelming market demand. These events highlight a recurring pattern in the crypto space: token unlocks often lead to immediate sell-offs, particularly when projects lack robust utility or sustainable demand drivers. The Altcoin Season Index has consequently fallen by 11.76 per cent, signalling a clear rotation of capital back into Bitcoin as investors seek relative safety within the digital asset class.

Regulatory uncertainty adds another layer of complexity. In the United States, Senate negotiations on comprehensive crypto market-structure legislation have stalled, with Democratic proposals on decentralised finance (DeFi) oversight meeting resistance from Republican lawmakers. This legislative gridlock prolongs the regulatory limbo that has long plagued the industry, creating headwinds for institutional adoption and altcoin valuations.

However, there remains a counterbalancing bullish narrative. Former President Donald Trump’s recent overtures toward establishing a US strategic Bitcoin reserve have reignited speculation about potential pro-crypto policies should he return to office. While purely aspirational at this stage, such rhetoric provides a psychological floor for long-term Bitcoin bulls who view regulatory clarity, even if delayed, as inevitable.

In sum, the current market environment reflects a delicate equilibrium between optimism and caution. Equities are consolidating after a strong run, bonds are pricing in a more hawkish Fed, and commodities are reacting to shifting risk sentiment. Bitcoin, despite its record-breaking price, shows clear signs of technical fatigue and structural vulnerability.

Yet, beneath the short-term turbulence lies a persistent belief in its long-term potential, particularly if it can overcome key resistance levels and navigate the evolving regulatory landscape. For now, investors remain in a holding pattern, awaiting the next catalyst, whether from corporate earnings, economic data, or policy developments, to determine the next major market move.

 

Source: https://e27.co/profit-taking-and-peril-equities-consolidate-bonds-turn-hawkish-and-bitcoin-tests-its-limits-20251010/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Eric Trump is headlining a Bitcoin conference and China just silenced its top officials

Eric Trump is headlining a Bitcoin conference and China just silenced its top officials

Investors are grappling with mixed signals from the United States economy, where durable goods orders have shown resilience despite a decline. At the same time, President Donald Trump’s bold move against a Federal Reserve governor underscores the fragility of institutional independence. Meanwhile, equity markets exhibit regional disparities, foreign exchange rates fluctuate ahead of key data releases, and commodities reflect broader risk appetites.

In the realm of digital assets, where intriguing narratives unfold, particularly around Bitcoin Asia 2025 in Hong Kong, political sensitivities have led to notable withdrawals, even as corporations like Japan’s Metaplanet and the US-based KindlyMD double down on Bitcoin as a strategic reserve. From my perspective as a journalist who has covered financial markets and geopolitical intersections for over a decade, these events highlight a pivotal tension.

While political pressures threaten to stifle innovation in hubs like Hong Kong, the inexorable march of corporate adoption of Bitcoin suggests that decentralised finance may ultimately transcend national rivalries, offering a hedge against traditional economic uncertainties.

US economic data: Resilience amid slowdowns

Starting with the macroeconomic backdrop, US durable goods orders for July 2025 decreased by 2.8 per cent to US$302.8 billion, marking a continuation of the downward trend from June’s revised 9.4 per cent decline. This figure, however, beat economists’ expectations of a four per cent decline, providing a sliver of relief amid concerns over manufacturing slowdowns. The Commerce Department attributes part of the earlier volatility to firms front-loading imports in May to sidestep impending tariffs, a strategy that now appears to be unwinding.

Complementing this, the Dallas Federal Reserve’s business activity index rose 4.8 points to 6.8 in August, its highest level since January, with revenue indices increasing to 8.6 and employment remaining steady at 1.2. These metrics indicate a stabilising labor market and improving business sentiment, as evidenced by the outlook index turning positive at 4.3 for the first time in six months.

On the housing front, the S&P CoreLogic Case-Shiller 20-City Home Price Index rose 2.1 per cent year-on-year in June, decelerating from May’s 2.8 per cent and aligning with forecasts, the slowest growth since July 2023. High mortgage rates and an abundance of inventory have curbed buyer enthusiasm, yet this moderation could help ease inflationary pressures.

In my view, these data points collectively suggest an economy in transition, resilient enough to avoid recession but vulnerable to policy shocks, which brings us to the escalating drama at the Federal Reserve.

Political turbulence at the Federal Reserve

President Trump’s attempt to oust Governor Lisa Cook has injected unprecedented political turbulence into monetary policy. Trump announced her removal effective immediately, citing allegations of mortgage document falsification from her pre-Fed days, framing it as sufficient “cause” under the Federal Reserve Act.

Cook, the first Black woman on the Fed Board and a vocal advocate for economic equity, has vowed to challenge this decision legally, with her attorney, Abbe Lowell, asserting that the president lacks the authority to fire her without due process. The Fed itself has reaffirmed that governors can only be removed for cause, not at will, and Cook plans to seek a court injunction to retain her position until her term ends in 2038.

This confrontation, the first of its kind in the Fed’s 111-year history, has markets on edge, with some analysts fearing it could erode the central bank’s independence, reminiscent of the pressures of the 1930s era. Trump’s economic adviser, Kevin Hassett, has even suggested that Cook take a leave of absence during the litigation, while Democrats downplay the fraud claims as minor.

From where I stand, this episode exemplifies Trump’s aggressive approach to reshaping institutions, potentially destabilising rate-cut expectations just as the Fed eyes Nvidia earnings, GDP revisions, and PCE inflation data. It risks politicising monetary decisions at a time when the economy needs steady hands, and if successful, it could set a precedent that undermines global confidence in US financial governance.

Equity markets: Diverging trends across regions

Shifting to equities, the US markets demonstrated buoyancy despite the Fed turmoil. The S&P 500 advanced 0.4 per cent on Tuesday, buoyed by Nvidia’s 1.1 per cent gain ahead of its earnings and Eli Lilly’s 5.8 per cent surge on promising diabetes drug results. The Dow Jones rose 135 points, and the Nasdaq matched the S&P’s climb, with industrials outperforming amid declines in energy and consumer staples.

Post-market, MongoDB jumped 30 per cent on beating revenue estimates. In contrast, European stocks faltered, with the Stoxx 50 down 1.1 per cent and France’s CAC 40 plunging 1.6 per cent amid deepening political instability. Prime Minister Francois Bayrou’s call for a September 8 confidence vote has heightened jitters, as opposition parties pledge to topple his government, exacerbating concerns over weak growth and geopolitical risks.

Commerzbank tumbled over six per cent following a downgrade from Bank of America, though Orsted rebounded by two per cent. In Asia, Hong Kong’s Hang Seng index slipped 1.2 per cent to 25,525, reversing a two-day streak, influenced by US futures dips and Trump’s threats of 200 per cent tariffs on China over rare-earth magnets, alongside retaliation against nations that regulate US Big Tech.

Haidilao fell 2.8 per cent on missed earnings, with broader losses in biopharma and semiconductors. Singapore’s Straits Times edged up 0.1 per cent to 4,256.49, led by Mapletree Logistics Trust’s 3.4 per cent rise, though DBS Bank declined one per cent. Thomson Medical Group soared nearly 40 per cent on news of a massive Johor project.

Overall, these movements reflect a bifurcated global sentiment: US optimism driven by tech, countered by European and Asian caution amid trade wars and domestic politics.

Currencies, commodities, and fixed income signals

In the foreign exchange market, the US dollar softened as markets anticipated Nvidia’s results and upcoming data, with firmer-than-expected durable goods and consumer confidence providing some support. G10 currencies strengthened against the US dollar, with GBP/USD at 1.3480, bolstered by Bank of England hawk Catherine Mann’s stance on holding rates, and EUR/USD steady at 1.1640 despite French fiscal risks arising from Bayrou’s vote.

AUD and NZD gained modestly but were capped by risk aversion, as Reserve Bank of Australia minutes hinted at a 25-basis-point cut and further easing. USD/JPY briefly touched 147.00 on the Cook news before retreating. Looking ahead, economic calendars feature Australia’s CPI, Germany’s GfK consumer confidence, France’s unemployment claims, US mortgage rates, and a speech by Raphael Bostic of the Fed.

Commodities mirrored this caution: oil plummeted sharply, its worst drop since early August, while gold rallied as a safe haven. The fixed income market saw the 5-year to 30-year Treasury yield spread widen to its steepest level since 2021, signaling expectations of long-term growth amid short-term uncertainties. These dynamics underscore a market poised for volatility, where political noise amplifies economic signals.

Bitcoin Asia 2025: Political shadows in Hong Kong

Turning to cryptocurrencies, the spotlight falls on Bitcoin Asia 2025, scheduled for August 28-29 in Hong Kong, one of the world’s premier crypto gatherings. Withdrawals from key figures have overshadowed the event: Eric Yip Chee-hang, director of Hong Kong’s Securities and Futures Commission, and legislator Johnny Ng Kit-chong, both initially slated to speak but now absent from the agenda.

Sources indicate an informal directive to avoid the conference due to Eric Trump’s confirmed appearance as a keynote speaker, aiming to prevent any perception of aligning with or flattering the Trump administration amid escalating US-China tensions. This move, as analyst Lau Siu-kai noted, reflects Beijing’s caution in a city caught between superpowers, especially after US tariffs up to 145 per cent on Hong Kong exports.

Eric Trump, executive vice president of the Trump Organisation and a self-proclaimed “Bitcoin maxi,” is set to discuss Bitcoin’s global potential and Asia’s role, fresh from visits to Japan and predictions of BTC reaching US$175,000 this year. The Trump family’s crypto ties, including ventures in mining and advocacy for US-friendly regulations, have fuelled past criticisms of conflict of interest.

In my opinion, these withdrawals are symptomatic of Hong Kong’s precarious position: aspiring to be a crypto hub with new stablecoin regulations and fintech initiatives, yet constrained by Beijing’s oversight and US antagonism. I will still be speaking at this event. I do not find the atmosphere charged, but it also presents an opportunity to emphasise crypto’s borderless nature, potentially bridging divides.

Corporate Bitcoin treasuries on the rise

Amid this, corporate Bitcoin adoption surges. Japan’s Metaplanet Inc., rebranded as a “Bitcoin treasury company,” plans to raise US$1.2 billion through an overseas share issuance, allocating US$835 million for BTC purchases between September and October, targeting 210,000 BTC (approximately one per cent of the total supply) by 2027.

Currently holding 18,991 BTC worth US$2.1 billion, the firm, led by ex-Goldman Sachs executive Simon Gerovich, uses BTC to hedge yen weakness and inflation, with additional funds for its “Bitcoin Income Business” via covered calls. Similarly, US healthcare firm KindlyMD (ticker: NAKA) filed a US$5 billion at-the-market equity offering to bolster its Bitcoin treasury, following an initial purchase of 5,744 BTC valued at US$635 million.

Shares dipped 12 per cent to US$8.07 post-announcement, amid BTC’s 10 per cent fall from mid-August highs to US$111,250. This echoes MicroStrategy’s playbook, popularised by Michael Saylor, where firms view BTC as an inflation hedge despite the risks associated with volatility.

Bitcoin price trends and the road ahead

Bitcoin itself declined 0.5 per cent to US$111,219 over 24 hours, extending a seven day 2.7 per cent drop, driven by technical breakdowns below key moving averages, US$131 million in ETF outflows, and weak buying momentum. Yet, advocates argue its long-term value persists.

In my opinion, these corporate pivots amid political headwinds demonstrate Bitcoin’s maturation from a speculative asset to a corporate staple, potentially insulating it from events like the Hong Kong withdrawals. For Asia, particularly Hong Kong, navigating US-China frictions will be key; the conference could catalyse discussions on regulatory harmony, but only if participants prioritise innovation over ideology.

As global tensions rise, crypto’s decentralised ethos offers a compelling alternative, one that might ultimately redefine treasury management and cross-border finance. This evolving story, blending economics, politics, and technology, reminds us that in an interconnected world, no market operates in isolation.

 

Source: https://e27.co/eric-trump-is-headlining-a-bitcoin-conference-and-china-just-silenced-its-top-officials-20250828/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j