Sora Ventures launches $150 million fund to support Asian companies holding Bitcoin
Sora Ventures has just announced the launch of a $150 million investment fund aimed at supporting companies in Asia in holding Bitcoin. This fund is designed to implement MicroStrategy's Bitcoin-focused investment strategy, in order to enhance the enterprise value for publicly listed companies in Japan, Hong Kong, and other regions.
Sora Ventures expects that the adoption of the Bitcoin treasury model, as successfully demonstrated by Metaplanet in Tokyo, will provide similar benefits to other companies. In fact, shares of Metaplanet recorded an increase of over 1,000% in 2024 thanks to this strategy.
Additionally, Sora Ventures plans to expand collaboration with partners in Thailand and Hong Kong, while also investing in projects within the Bitcoin ecosystem and educational initiatives to promote broader adoption of Bitcoin.