Top Win International Limited Accelerates Digital Asset Transition
Top Win International Limited, which now trades under the Nasdaq ticker SORA, announced this week two major strategic investments as the company accelerates its transition to the rapidly growing digital asset market in Asia. These initiatives follow the company’s recent ticker change and precede an upcoming rebranding to AsiaStrategy as part of its merger with Sora Ventures, an industry expert in Bitcoin integration.
Strategic Investments
The Hong Kong-based company has revealed agreements to invest in HK Asia Holdings and Metaplanet, two publicly listed companies known for their aggressive adoption of the Bitcoin Treasury Model. This model, which involves holding large Bitcoin (BTC) reserves on corporate balance sheets, has driven exponential stock performance for both companies. Top Win’s investment in HK Asia Holdings includes options to acquire shares on favorable terms, offering asymmetric upside with limited downside exposure. The Hong Kong-based firm has seen its stock price significantly increase since implementing its Bitcoin strategy.
In Japan, Metaplanet, often referred to as the region’s equivalent of Strategy, has accumulated over 7,800 BTC, currently valued at more than $800 million. Their stock has surged over 3,600% since the beginning of 2024, reaching a market capitalization of $2.52 billion as of May 20. Top Win has secured a discounted entry into the stock, providing a cost-effective foothold in Japan’s rapidly growing crypto equity landscape.
Additionally, the company announced plans for similar investments in Thailand, Taiwan, and Korea while working to build a pan-Asian portfolio of digital assets centered around publicly listed Bitcoin treasury companies.
Rebranding to AsiaStrategy
Together with this investment effort, the company has changed its Nasdaq ticker from TOPW to SORA, emphasizing its connection to Sora Ventures, whose founder, Jason Fang, has been appointed chairman of the board. Fang is known for his active role in shaping Asia’s digital asset infrastructure, and his involvement suggests a deeper integration of venture strategy into the company’s approach to public markets. The board has also approved a formal name change from Top Win International Limited to AsiaStrategy, pending shareholder approval and regulatory registration in the Cayman Islands.
Top Win, which originally focused on luxury watch distribution, announced its Web3 ambitions earlier this year. With its transition towards digital assets now underway, the company positions itself at the intersection of traditional business infrastructure and the emerging Bitcoin balance model breaking into Asia’s public markets.
