2 weeks ago
Bitcoin-focused steadfast Top Win International has officially changed its Nasdaq ticker awesome from TOPW to SORA to bespeak its revamp to a Bitcoin Treasury company, according to a May 27 regulatory filing.
The steadfast has besides appointed Sora Ventures co-founder Jason Fang arsenic president of the committee of directors. Fang brings a wealthiness of acquisition to the role, peculiarly from his enactment astatine Metaplanet, which pioneered firm Bitcoin adoption successful Asia.
His assignment suggests a sharper strategical absorption for Top Win arsenic it builds a stronger operational foundation. Fang is expected to pb the institution successful its adjacent chapter, which is focused connected Bitcoin accumulation and infrastructure improvement crossed Asia.
Top Win’s stock terms surged implicit 30% to $13.83 successful aboriginal Monday trading. The rally continues a steep upward trajectory observed done May, with the banal present up implicit 200% since aboriginal April, according to illustration data.
AsiaStrategy
Based successful Hong Kong, Top Win primitively operated arsenic a luxury ticker distributor, but its caller merger with Sora Ventures has accelerated its pivot toward becoming a full-scale Bitcoin Treasury firm.
As portion of this shift, the steadfast plans to rebrand to AsiaStrategy, pending regulatory approval. The sanction reflects its broader ambition to replicate the playbook of MicroStrategy utilizing Bitcoin arsenic a halfway treasury asset.
In a caller societal media post, Fang confirmed the company’s updated vision, stating that SORA intends to physique the “MicroStrategy of Asia.” The steadfast plans to amass Bitcoin reserves portion supporting its affiliated businesses crossed the region.
This strategy aligns with a broader inclination of organization involvement successful Bitcoin arsenic a reserve asset. As of May 2025, the apical 85 firm holders collectively ain implicit 804,000 BTC, according to Hodl15Capital.
Michael Saylor’s Strategy (formerly MicroStrategy) leads the battalion with implicit 580,000 BTC, portion Metaplanet tops Asian firms with 7,800 BTC.
With SORA’s caller absorption and Fang’s leadership, the steadfast is positioning itself to thrust the adjacent question of Bitcoin adoption successful Asia.
According to Fang, Bitcoin treasury firms similar SORA volition play a starring relation successful driving the plus to caller all-time highs.
Disclaimer: Sora Ventures is an capitalist successful CryptoSlate.
The station Nasdaq-listed Top Win changes ticker to SORA, names Jason Fang committee chairman appeared archetypal connected CryptoSlate.
English (US) 