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Cryptocurrency News Articles
Top Win International Limited Rebrands to AsiaStrategy, Embracing Digital Assets
May 16, 2025 at 11:29 pm
In a bold move that echoes recent corporate pivots like MicroStrategy's transformation into “Strategy,” Hong Kong-based Top Win International Limited has announced its rebranding to AsiaStrategy, adopting digital assets.
Hong Kong-based Top Win International Limited, a Nasdaq-listed watch company, announced that it will strategically expand into the digital asset sector in partnership with Sora Ventures, focusing on digital asset-related businesses and investments in Asia, and changing its name to AsiaStrategy.
This move will see the company transitioning from a traditional watchmaker to a hybrid Web3 entity, investing in and managing a digital asset treasury.
Announcing partnership with Sora Ventures for strategic expansion into digital asset sector and investing in emerging technologies in Asia.
Hong Kong-based Top Win International Limited, a subsidiary of Nasdaq-listed company, will change its name to Asia Strategy (NASDAQ: TOPW). The company currently makes and sells watches under the "Haibao" brand.
As Sora Ventures continues to build out the "MicroStrategy of Asia" thesis with a major position in HK Asia Holdings and recently announcing a partnership with Metaplanet, Japan's leading Bitcoin treasury company, this move will see Sora Ventures continuing to build out the Web3 ecosystem in Asia.
"We will be focusing on building the 'MicroStrategy of Asia' using this entity moving forward, and will build a bitcoin treasury alongside all the entities we've mentioned in Asia," said Jason Fang, a veteran of the crypto investment world, who will be co-CEO alongside Tony Ngai.
This signals a broader shift in strategy as the company seeks to capitalize on the burgeoning digital asset ecosystem in the region.
Announcing partnership with Sora Ventures for strategic expansion into digital asset sector and investing in emerging technologies in Asia.
Hong Kong-based Top Win International Limited, a subsidiary of Nasdaq-listed company, will change its name to Asia Strategy (NASDAQ: TOPW). The company currently makes and sells watches under the "Haibao" brand.
As Sora Ventures continues to build out the "MicroStrategy of Asia" thesis with a major position in HK Asia Holdings and recently announcing a partnership with Metaplanet, Japan's leading Bitcoin treasury company, this move will see Sora Ventures continuing to build out the Web3 ecosystem in Asia.
"We will be focusing on pivoting this entity to become a hybrid Web3 company, and will build a bitcoin treasury alongside all the entities we've mentioned in Asia," said Jason Fang, a veteran of the crypto investment world, who will be co-CEO alongside Tony Ngai.
This signals a broader shift in strategy as the company seeks to capitalize on the burgeoning digital asset ecosystem in the region.
This follows a pattern of companies like Metaplanet, which managed to accumulate over 6,700 BTC within four months and saw its share price soar by nearly 66% year-to-date, despite BTC's more modest gain.
At the same time, Tether-backed Twenty One Capital has ramped up its holdings to over 36,000 BTC.
However, this wave of corporate Bitcoin adoption has also drawn criticism from skeptics like Jim Chanos, who warns of valuation bubbles in companies mimicking MicroStrategy's aggressive strategy.
“We’re doing exactly what MicroStrategy and Michael Saylor are doing,” added Chanos, stating:
“We’re selling MicroStrategy stock and buying Bitcoin and basically buying something for $1 selling it for two and a half dollars.”
Meanwhile, altcoin purchases are also becoming common. US President Donald Trump's World Liberty Financial recently acquired altcoin EOS at a price of $0.82. The firm bought tokens to the tune of a massive $2.99 million ahead of the Vaulta rebrand scheduled for May this year.
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