According to Jason Fang (@JasonSoraVC), Asia is a major crypto market but has some of the toughest regulations, making bitcoin treasury operations complex; he contrasts hundreds of US companies doing DAT with only a few in Asia, highlighting a regional gap in corporate BTC treasury adoption, source: Jason Fang (@JasonSoraVC), Aug 15, 2025. The smaller number of Asia-based bitcoin treasury companies versus the US points to relatively more corporate BTC treasury activity concentrated in the US market hours and news cycle, which traders can prioritize when tracking potential balance-sheet flows, source: Jason Fang (@JasonSoraVC), Aug 15, 2025. Because Fang attributes Asia’s shortfall to tougher regulation, regulatory announcements from Asian jurisdictions are direct variables for corporate BTC treasury growth that traders can monitor for shifts in regional demand, source: Jason Fang (@JasonSoraVC), Aug 15, 2025.