Bitcoin-focused company Top Win International has officially changed its Nasdaq ticker symbol from Topw to Sora to reflect improvements to the Bitcoin Treasury Company, according to a regulatory filing on May 27th.
The company has also appointed board co-founder Jason Fun to chair the board. Fang brings a wealth of experience to this role, especially from his leadership at Metaplanet, which pioneered the adoption of corporate Bitcoin in Asia.
His appointment suggests a more keen strategic focus for top victory, in order to build a stronger operating foundation. Fang is expected to lead the company in the next chapter. The next chapter focuses on Bitcoin accumulation and infrastructure development across Asia.
Top Win stock jumped to $13.83, over 30% in trading earlier Monday. According to chart data, the rally continued its sharp upward trajectory observed by May, with an increase of more than 200% since early April.
asiaStrategy
The Hong Kong-based top win originally operated as a luxury watch distributor, but a recent merger with Solaventure has accelerated the pivot to become a full-scale Bitcoin Treasury company.
As part of this shift, the company plans to rebrand asiastrategy, withheld regulatory approval. The name reflects the broader ambition to recreate a micro-tactics playbook using Bitcoin as its core financial asset.
In a recent social media post, Fang confirmed the company’s updated vision and stated that Sora intends to build a “micro Asian strategy.” The company plans to accumulate Bitcoin reserves while supporting relevant businesses throughout the region.
This strategy is consistent with a broader trend in institutional interest in Bitcoin as a reserve asset. According to HODL15CAPITAL, as of May 2025, the top 85 corporate owners jointly owned more than 804,000 BTC.
Michael Saylor’s strategy (formerly MicroStrategy) leads the pack with over 580,000 BTC, with Metaplanet surpassing 7,800 BTC Asian companies.
With Sora’s new focus and Fang’s leadership, the company is setting itself up to ride the next wave of Bitcoin adoption in Asia.
According to Fang, Bitcoin finance companies like SORA will play a leading role in driving assets to their all-time highs.
Disclaimer: Sora Ventures is an investor in Cryptoslate.
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