Bitcoin News Today: Asia’s Institutional Bitcoin Push Reaches Critical Mass

Sora Ventures has launched Asia’s first $1 billion Bitcoin treasury fund, aiming to purchase $1 billion in Bitcoin within six months. The initiative, unveiled during Taipei Blockchain Week, is backed by a $200 million commitment from partners and investors across the region and is positioned to support and expand existing corporate Bitcoin treasury programs in Asia, including Japan’s Metaplanet, Hong Kong’s Moon Inc., Thailand’s DV8, and South Korea’s BitPlanet. Unlike these firms, which hold Bitcoin directly on their balance sheets, the Sora Ventures fund will serve as a centralized pool of institutional capital designed to support regional initiatives and foster the development of similar treasuries globally [1].

The fund marks a significant milestone in institutional Bitcoin adoption in Asia, a region historically less concentrated compared to the U.S. and EU markets. Jason Fang, founder and managing partner of Sora Ventures, emphasized that this is the first time institutional capital has coalesced at a regional and global level in Asia to support corporate Bitcoin treasuries. The initiative aligns with Sora Ventures’ broader strategy of replicating and scaling Bitcoin-first treasury models across the region, as seen in previous investments in companies such as Metaplanet, Moon Inc., DV8, and BitPlanet [1].

Japan’s Metaplanet has also made headlines in the Bitcoin corporate treasury space. The company recently secured shareholder approval to expand its capital structure, including the issuance of dual-class preferred shares that could unlock up to ¥555 billion ($3.8 billion) in funding. This move is part of Metaplanet’s long-term plan to accumulate 210,000 BTC by 2027. As of recent data, Metaplanet holds 20,000 BTC, valued at approximately $2.2 billion at current prices, making it the world’s sixth-largest corporate Bitcoin holder [3].

Thailand’s DV8, another key player in the region, has also deepened its Bitcoin treasury strategy by appointing Jason Fang as chief executive officer. DV8, a Thai-listed firm, is undergoing a strategic shift under a cross-border consortium that includes Sora Ventures, UTXO Management, and others. The company raised capital through a warrant program, lifting its cash reserves by 38%, which will support its new Bitcoin treasury and digital asset strategy. DV8’s recent transformation reflects broader regulatory and market shifts in Thailand, including a five-year tax exemption on crypto gains and the authorization of stablecoin usage in digital asset transactions [2].

The growing institutional interest in Bitcoin treasuries in Asia is further supported by the evolving regulatory and market landscape. Thailand’s regulatory environment has become more accommodating for digital assets, allowing greater participation from corporates and institutional investors. Meanwhile, Sora Ventures’ recent public market activities, including the Nasdaq rebranding of Top Win International to AsiaStrategy and the ticker change to SORA, highlight the firm’s commitment to scaling corporate Bitcoin adoption through public market infrastructure [2].

With increased coordination among regional and institutional players, Asia is emerging as a key player in the global Bitcoin treasury landscape. Sora Ventures’ $1 billion fund, coupled with initiatives from companies like Metaplanet and DV8, represents a coordinated effort to position Bitcoin as a legitimate reserve asset in corporate and institutional portfolios. These developments signal a broader trend of institutional confidence in Bitcoin as a store of value and a strategic asset in corporate treasury management [1].

Source:

[1] Sora Ventures Launches Asia's First Bitcoin Treasury Fund (https://bitcoinmagazine.com/business/sora-ventures-launches-asias-first-bitcoin-treasury-fund-plans-to-buy-1-billion-in-btc-within-6-months)

[2] Thailand's DV8 Bitcoin treasury push deepens as Jason Fang (https://finance.yahoo.com/news/thailand-dv8-bitcoin-treasury-push-120751005.html)

[3] Metaplanet Shareholders Approve New Funding Tools to Buy (https://finance.yahoo.com/news/metaplanet-shareholders-approve-funding-tools-103739811.html)