Odaily Planet Daily News - Asian luxury watchmaker Top Win has announced its rebranding to AsiaStrategy and partnered with Sora Ventures to launch a Bitcoin reserve strategy. This move has caused its stock price to rise over 60% in pre-market trading, from $7.50 at the close on May 15 to $12.12. AsiaStrategy stated that it will adopt a Bitcoin accumulation strategy while continuing its watch manufacturing business. It is reported that Jason Fang, the founder of Sora Ventures, will join the board of AsiaStrategy and serve as co-CEO alongside current CEO Tony Ngai. Sora Ventures assisted Japanese company Metaplanet in launching the first enterprise-level Bitcoin reserve program in 2024. This transformation makes AsiaStrategy the latest publicly listed company to adopt a Bitcoin reserve strategy, following Strategy (formerly MicroStrategy) and Metaplanet. (Cointelegraph)
Luxury watchmaker Top Win rebranded to AsiaStrategy and launched Bitcoin reserve strategy
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