Hong Kong-based luxurious watch firm, TopWin, goals to determine itself as a company BTC holder on par with Michael Saylor’s Strategy by rebranding itself and partnering with Sora Ventures.
In accordance with an official press launch, TopWin plans to undertake a digital asset treasury, much like that of Michael Saylor’s firm. With a view to set up its Bitcoin (BTC) Treasury, TopWin shall be partnering with Asian crypto fund Sora Ventures, the identical agency that helped create Metaplanet’s Bitcoin reserve.
“By managing its treasury in digital assets, TopWin aims to hedge against inflation while positioning itself to benefit from the explosive growth of Web3 technologies,” wrote TopWin.
Sora Ventures has invested $150 million within the firm and goals to put money into not less than 10 public corporations by the tip of 2025. As well as, Sora Ventures’ founder and managing accomplice Jason Fang shall be becoming a member of TopWin as a board member and co-CEO.
Alongside its foray into digital belongings, TopWin additionally hopes to alter its company identify to “AsiaStrategy,” a direct callback to Michael Saylor’s Bitcoin-driven software program firm, because it aspires to determine itself as a serious company Bitcoin holder. Nonetheless, the agency’s deliberate identify change nonetheless wants to realize shareholder approval and be registered within the Cayman Islands with a view to take impact.
Previously often called MicroStrategy, Michael Saylor’s Strategy has loved an immense repute as the most important company Bitcoin holder on this planet. As of Might 12, the agency’s whole holdings stand at 568,840 BTC or price greater than $59 billion across the time of its newest buy.
The corporate at present holds its Bitcoin at a mean value foundation of $69,287, with a year-to-date yield of 15.5% in 2025.
Earlier than TopWin, many merchants have regarded Japanese funding agency Metaplanet because the “Asian Strategy.” The corporate just lately surpassed the nation of El Salvador because the eleventh largest public firm to carry Bitcoin after it acquired 1,241 BTC, bringing its whole holdings to six,796 BTC (over $583 million).