Topwin International changed its name to Asiastrategy in Hong Kong on August 22, maintaining NASDAQ ticker sora and began accepting Bitcoin for watch sales.
The move follows a months-long restructuring that introduced Solaventure into Topwin’s public company structure in May. This is a path that avoided another list by pursuing Bitcoin’s Treasury and capital market strategies using existing issuers.
A few days later, the company saw ticker changes to Sora and board changes led by Soraventure co-founder Jason Hwang, and formalised the pivot while maintaining its Hong Kong-based underlying watch trading and distribution business.
Since the merger, the company has used equity and governance to build exposure to the Asian Bitcoin company ecosystem. In late May, the company announced its strategic interests in the holdings of Metaplanet and HK Asia. This is two regional ports of call for listed companies Bitcoin strategy, linking the Treasury’s portfolio position to track market development with the open market footprint.
Earlier this year, SORA-related executives joined the HK Asia board and added operational alignments with companies undergoing Bitcoin-centric improvements, as covered by HK Asia Holdings and subsequent board changes in the corporate transition.
The Ministry of Finance’s capital has also expanded this month. Taiwan-based Wiselink led SORA on August 15th a $10 million conversion memo, according to an update of the company covered by Cryptoslate.
The disclosed terms include a three-year memo structure, with revenue allocated to balance sheet developments and strategic investments complementing the brand. Raise will connect with Sora Ventures’ long-term plans to breed listed companies Bitcoin Playbooks across Asia, following previous initiatives such as a $150 million fund aimed at recruiting the Ministry of Corporate Treasury.
Accepting Bitcoin for watch sales brings a transaction layer to your equity and financial strategy. The company maintains its brand’s watch distribution network through Top Win International Trading Limited, currently under ASIASTRATEGY BANNER, and adds payments to Bitcoin at the time of sale.
For readers tracking market structures, the combined approach places asiastrategy in three channels: parent-level financial holdings, strategic interests of other listed companies running similar programs, and direct commerce using Bitcoin within their operating subsidiaries.
The company said the new logo followed the rebranding of the brand, repeating standard forward-looking disclosures of regulatory terms, market volatility, completion risk, and a language common to US publishers operating on digital assets.
For context regarding the path to Friday’s milestone, see the first merger announcement, background on the action of tickers and boards. The subsequent portfolio will move to the Asian Bitcoin name that will assemble today’s name change and additional Bitcoin payments.
AsiaStrategy said that Nasdaq’s name change and Bitcoin acceptance for watch sales came into effect on August 22.