Da-Feng Electric Makes History: First Taiwanese Listed Company to Adopt Bitcoin as Strategic Reserve

Taipei, Taiwan – Da-Feng Electric (6184), a prominent Taiwanese cable television and broadband operator, has officially activated its strategy to hold Bitcoin as a long-term strategic reserve asset. The company announced on November 13th that it acquired 1 Bitcoin on November 11th, following its groundbreaking declaration in August as the “first listed company in Taiwan to incorporate digital assets into its long-term reserves.”

This initial Bitcoin acquisition marks a pivotal first step in Da-Feng Electric’s broader digital asset strategy. The company clarified that this purchase is an “initial trial phase,” representing an extremely low proportion of its total assets. Its primary objective is to rigorously validate internal systems, transaction protocols, and custody mechanisms, ensuring minimal immediate impact on the company’s financial standing.

Ensuring Robust Security and Compliance

Da-Feng Electric has prioritized robust security and regulatory compliance throughout this process. The Bitcoin acquisition was executed via a fully compliant trading platform, with custody entrusted to Anchorage Digital Bank, N.A. This institution is regulated by the U.S. Office of the Comptroller of the Currency (OCC), guaranteeing adherence to international institutional-grade asset custody and stringent security control standards.

The company further emphasized that all related operations are seamlessly integrated within its corporate financial governance framework. A dedicated “Digital Asset Management Committee,” authorized by the board of directors, oversees the execution of these initiatives, ensuring strict compliance with all relevant regulatory statutes and internal control systems.

A Long-Term Vision for Financial Resilience

Da-Feng Electric firmly positions its Bitcoin reserve strategy as an integral component of its long-term financial management and asset allocation, explicitly disavowing any short-term speculative intent. The company is committed to advancing its digital asset plans with unwavering principles of openness, transparency, and compliance. This strategic move aims to bolster overall financial resilience, enhance capital efficiency, and ultimately generate sustainable long-term value for its shareholders.

Broader Market Context: Corporate Bitcoin Adoption Trends

Da-Feng Electric joins a growing global trend of corporate Bitcoin adoption. According to data from Bitcoin Treasuries, 194 publicly listed companies worldwide have now integrated Bitcoin into their reserve strategies. However, despite the increasing number of corporate holders, the market performance for many of these companies has presented a mixed picture. Numerous stock prices have experienced significant pullbacks from their summer peaks, with even major Bitcoin advocate MicroStrategy seeing its stock decline by over 52% from its high earlier this year.