Core Insights - AsiaStrategy has undergone a significant change in its shareholding structure, with Jason Fang, CEO of Sora Ventures, becoming the largest shareholder [1][2] - The previous major shareholder, Pride River Limited, has seen its ownership restructured, with Mr. Ngai Kwan holding 49%, Sora Vision Limited at 30%, and Sora Ventures II Master Fund at 21% [2] - The management team, operations, and strategic direction of AsiaStrategy remain unchanged, focusing on cross-border institutional strategy and digital innovation [3] Company Overview - AsiaStrategy, listed on Nasdaq as SORA, is a leader in institutional digital asset strategy in Asia, particularly in Bitcoin treasury strategies [4] - Founded in 2001, the company initially specialized in luxury watch trading and distribution before rebranding in May 2025 to focus on digital assets and blockchain innovation [4] - The company has also initiated a program to reward VIP watch customers with Bitcoin gift cards, exploring synergies between its luxury watch and Bitcoin businesses [3]
AsiaStrategy shareholding update results in Sora Ventures' Jason Fang becoming the largest shareholder