Bitcoin to $4.8M? Study sparks hype as Asia’s crypto divide deepens
With BTC projections sky-high, the gap between believers and sellers is growing.
Key takeaways
Asian companies are taking radically different stances on Bitcoin. Meanwhile, a bold new study predicts Bitcoin could soar past $4.8 million by 2036!
As Bitcoin [BTC] continues its volatile climb, companies across Asia are taking drastically different approaches.
From bold bets to complete exits, the divide is widening… just as fresh forecasts and shifting market dynamics add new sides to the story.
Japanese firms take different turns
Japanese firms Remixpoint and Value Creation are walking opposite paths in their Bitcoin strategies.
Remixpoint, betting big on crypto, now holds over 1,100 BTC and reported a staggering 3,137% year-on-year surge in operating profit.
Its broader crypto portfolio – spanning Ethereum [ETH], Solana [SOL], Ripple [XRP], and Dogecoin [DOGE] – is now worth over ¥22 billion.
In contrast, Value Creation cashed out its 30.38 BTC position, thanking Bitcoin for the ¥52 million windfall.
The firm has now exited crypto entirely.
Korean exchanges report growth
South Korea’s top crypto exchanges reported mixed Q2 results.
Dunamu, the operator of Upbit, posted an 11.2% revenue rise to ₩285.7 billion, though operating profit slipped 3.9%, at press time.
Bithumb grew its market share to 27.3% and saw revenue surge 28.4% year-on-year, but operating profit dropped 34.7% due to high marketing spend and crypto valuation losses.
Meanwhile, Coinone announced a leadership shake-up, with long-time co-CEO Cha Myung-hoon stepping down; a period of strategic change as exchanges reposition for the next phase of growth.
BTC to $4.86 mln by 2036?
As Asian firms and exchanges recalibrate their crypto exposure, a new study adds fuel to the long-term bullish case for Bitcoin.
Research from Satoshi Action Education, led by economist Murray A. Rudd, projects a 75% chance that BTC could exceed $4.81 million by April 2036.
Using an updated Monte Carlo model, the study simulates supply shocks, institutional demand, and liquidity constraints.
In extreme cases, prices reach as high as $50 million.
Bitcoin’s liquid supply is set to tighten further due to long-term holding and corporate use. This adds pressure on investors and policymakers to rethink strategies around a scarcer asset.
