Dafa Electric Adds Bitcoin Reserves, Taiwan Shares Surge

Published: 2025-08-14 03:03:00 |

Dafa Electric (6184), a Taiwan-listed cable TV operator, has added Bitcoin reserves to its long-term holdings. The board approved allocating BTC as a hedge against inflation and rate volatility. A Digital Asset Committee, led by Director Dai Yonghui, will manage risk, compliance, cybersecurity and disclosure. The company will segregate BTC from operating funds to protect core services. On August 14, Dafa’s shares surged to the daily limit at NT$56.1, signaling strong market response. While purchase details remain undisclosed, analysts say this move echoes MicroStrategy’s strategy and could spark a wider corporate trend in Taiwan. More firms may follow, expanding Bitcoin reserves and diversifying treasuries. As accounting and tax guidelines evolve, corporate crypto adoption is set to accelerate.

Bullish

Dafa Electric’s addition of Bitcoin reserves marks growing institutional adoption in Taiwan. This corporate endorsement can drive demand and positive sentiment around Bitcoin reserves, as evidenced by Dafa’s share price surge. In the short term, traders may see increased buying pressure on BTC on expectations of more firms following suit. Over the long term, widespread corporate diversification into Bitcoin reserves could stabilize demand and support higher price floors. Therefore, this news is bullish for Bitcoin’s market outlook.