Prime Win Worldwide Restricted, now buying and selling below the Nasdaq ticker SORA, introduced two main strategic investments this week because it accelerates its pivot into Asia’s fast-growing digital property market.
The strikes comply with the corporate’s latest ticker change and are available forward of a pending rebrand to AsiaStrategy, as a part of its merger with Sora Ventures, a site knowledgeable in integrating Bitcoin.
Strategic investments
The Hong Kong-based firm disclosed agreements to spend money on HK Asia Holdings and Metaplanet, two publicly listed companies acknowledged for his or her aggressive adoption of the Bitcoin Treasury Mannequin.
The mannequin, which includes holding giant Bitcoin (BTC) reserves on company steadiness sheets, has pushed exponential inventory efficiency for each targets.
Prime Win’s funding in HK Asia Holdings consists of choices to amass shares at preferential phrases, providing uneven upside with restricted draw back publicity. The Hong Kong agency has seen its share worth enhance considerably since implementing its Bitcoin technique.
In Japan, Metaplanet, usually dubbed the area’s equal of Technique, has amassed over 7,800 BTC, at present valued at greater than $800 million. Its inventory has surged over 3,600% since early 2024, reaching a market cap of $2.52 billion as of Could 20.
Prime Win secured discounted entry into the inventory, offering a cost-efficient foothold in Japan’s surging crypto fairness panorama.
The corporate mentioned it plans to develop comparable investments throughout Thailand, Taiwan, and Korea as it really works to construct a pan-Asian digital asset portfolio centered on publicly traded Bitcoin treasury companies.
Rebrand to AsiaStrategy
Alongside the funding push, the corporate has modified its Nasdaq ticker from TOPW to SORA, reinforcing its alignment with Sora Ventures, whose founder, Jason Fang, has been appointed chairman of the board.
Fang is thought for his lively function in shaping Asia’s digital asset infrastructure, and his involvement suggests a deeper integration of enterprise technique into the corporate’s public market presence.
The board has additionally authorised a proper title change from Prime Win Worldwide Restricted to AsiaStrategy, which awaits shareholder consent and regulatory registration within the Cayman Islands.
Prime Win, initially centered on luxurious watch distribution, first introduced its Web3 ambitions earlier this 12 months. With its shift into digital property now underway, the corporate is positioning itself on the intersection of conventional enterprise infrastructure and the rising Bitcoin steadiness sheet motion sweeping by Asia’s public markets.
Disclaimer: Sora Ventures is an investor in CryptoSlate.
