EddieJayonCrypto
27 May 25
Bitcoin-focused firm Top Win International has changed its Nasdaq ticker from TOPW to SORA and appointed Jason Fang, co-founder of Sora Ventures, as board chairman. The company is shifting from a luxury watch distributor to a Bitcoin Treasury firm, aiming to build a strong operational foundation and...
Top Win International, a Nasdaq-listed company, has changed its ticker from TOPW to SORA as it pivots toward becoming a Bitcoin Treasury firm focused on accumulation and infrastructure development in Asia. Jason Fang, co-founder of Sora Ventures, has been appointed as the board chairman to steer this strategic transformation. Originally a luxury watch distributor based in Hong Kong, the company plans to rebrand as AsiaStrategy, modeling itself after MicroStrategy's aggressive Bitcoin treasury approach. Top Win's stock has experienced a significant rally, surging over 200% since early April. Fang brings deep expertise in corporate Bitcoin adoption from his leadership at Metaplanet, positioning SORA to build strong operational foundations while amassing Bitcoin reserves across Asian markets. This move aligns with the broader institutional trend of adopting Bitcoin as a reserve asset, with top corporate holders owning hundreds of thousands of BTC. Fang envisions firms like SORA playing a pivotal role in accelerating Bitcoin adoption and pushing the asset toward new all-time highs. The company's renewed focus signifies a strategic shift toward embracing Bitcoin infrastructure in the rapidly growing Asian crypto ecosystem.