According to Deep Tide TechFlow news on December 2, Sora Ventures has launched a $150 million fund aimed at encouraging Asian listed companies to adopt bitcoin-centric financial strategies. The fund's goal is to replicate the MicroStrategy model, using bitcoin as a primary reserve asset to optimize financial strategies and enhance shareholder value.
According to the announcement, the fund will focus on companies listed on major stock markets such as Japan, Hong Kong, Thailand, Taiwan, and South Korea. The first successful case of this strategy is exemplified by the company Metaplanet. Metaplanet is a company listed on the Tokyo Stock Exchange that has partnered with Sora Ventures to implement the MicroStrategy model. The fund aims to collaborate with companies that can benefit from bitcoin-centric financial management. These strategies will be tailored to the regulatory and market environments of each country. For instance, Japan's tax policies on unrealized bitcoin gains pose unique challenges that can be alleviated through a strategic company framework.
Jason Fang, managing partner of Sora Ventures, emphasized the scalability of the MicroStrategy model. He revealed plans to expand this initiative to more companies, including a planned collaboration with a Hong Kong-listed company and ongoing discussions with candidates from the Thailand Stock Exchange.
