Top Win Unveils Strategic Investments and Ticker Change to Drive Digital Assets Innovation in Asia

Rhea-AI Summary

Top Win International (TOPW) has announced major strategic initiatives in Asia's digital assets sector. The company is investing in two prominent Asia-listed firms: HK Asia Holdings (1723.HK) and Metaplanet (3350.JP). Notably, Metaplanet holds 7,800 BTC valued at over $800M and has seen its stock surge over 3,600% since 2024, reaching a market cap of $2.52B. The company has appointed Jason Fang of Sora Ventures as Chairman and changed its ticker from TOPW to SORA. A proposed name change to AsiaStrategy awaits shareholder approval. The investments include favorable options for HK Asia Holdings shares and discounted acquisition of Metaplanet shares, with plans to expand into Thailand, Taiwan, and Korea.

Positive

• Strategic investments in two successful Bitcoin reserve companies with proven track records
• Metaplanet holds substantial Bitcoin reserves of 7,800 BTC valued at over $800M
• Metaplanet's stock price has surged over 3,600% since early 2024
• Acquisition terms include favorable options and discounted share prices, minimizing downside risk
• Planned expansion into additional Asian markets (Thailand, Taiwan, Korea)

Negative

• Name change and strategic pivot may create short-term uncertainty for existing investors
• Heavy focus on cryptocurrency assets exposes the company to high market volatility
• Significant dependence on Bitcoin performance for investment success

Insights

Digital Assets Investment Strategist

Top Win's strategic digital asset investments and rebranding to SORA signals an aggressive pivot toward becoming an Asian Bitcoin treasury leader.

Top Win International Limited (now trading as SORA) is executing a strategic transformation into the digital assets space through significant investments in two established Bitcoin treasury companies. The investments in HK Asia Holdings (1723.HK) and Metaplanet (3350.JP) are structured with favorable terms - options for HK Asia shares and discounted acquisition for Metaplanet shares - limiting downside while maintaining upside exposure.

The targeted companies demonstrate the potential upside of the Bitcoin Treasury Model strategy. HK Asia Holdings saw its share price multiply 15x after adopting this approach, while Metaplanet has accumulated $800 million worth of Bitcoin (7,800 BTC) and experienced a stock price surge of over 3,600% since early 2024, building a market cap of $2.52 billion.

The ticker change from TOPW to SORA, leadership transition to Jason Fang (Founder of Sora Ventures) as Chairman, and proposed name change to AsiaStrategy collectively signal a comprehensive strategic pivot. This transformation positions the company to capitalize on the growing institutional adoption of Bitcoin as a treasury asset across Asia, with additional investments planned in Thailand, Taiwan, and Korea.

By following the proven model of these successful companies, Top Win appears to be positioning itself as a holding company for Bitcoin-focused businesses across Asia, potentially creating a diversified exposure vehicle to Asian digital asset adoption while minimizing direct operational complexities.

Hong Kong, May 29, 2025 (GLOBE NEWSWIRE) -- Top Win International Limited (the “Company”) today announced transformative initiatives to reinforce its leadership in Asia’s fast-growing digital assets sector. Building on its strategic pivot to the Web3 ecosystem, the Company is making strategic investments in two key Asia-listed companies and has effected a ticker change to align with its forward-looking digital assets vision.

Strategic Investments in Asia’s Digital Assets Leaders

The Company is deepening its commitment to Asia’s digital economy by signing agreements with certain selling shareholders to invest in two prominent Asia-listed companies: HK Asia Holdings Limited (1723.HK) in Hong Kong and Metaplanet (3350.JP) in Japan. These investments are structured to maximize value for the Company, with options granting the right to acquire HK Asia Holdings shares at favorable terms, capturing significant upside potential while minimizing downside risk, and Metaplanet shares acquired at a discount to their market value, ensuring a cost-effective entry into a high-growth asset.  Both companies are backed by teams with deep expertise and extensive resources in the digital assets industry, sharing the common goal of building the largest Bitcoin reserve companies in their respective jurisdictions. HK Asia Holdings has achieved remarkable success by adopting the Bitcoin Treasury Model, driving its share price to peak at 15 times its pre-adoption value, establishing it as a leader in Hong Kong’s digital economy. Similarly, Metaplanet’s adoption of the Bitcoin Treasury Model has led to the accumulation of 7,800 BTC, valued at over $800 million, with its stock price surging over 3,600% from under ¥1,000 to above ¥6,650 since early 2024, and a market capitalization of $2.52 billion as of May 20, 2025, cementing its position as a pioneer in Japan’s digital assets market. The Company will continue to pursue related investment opportunities in Asian countries, including Thailand, Taiwan, and Korea, to further strengthen its regional presence.

Ticker Change, Leadership, and Proposed Name Change

To reflect its commitment to digital assets and the leadership of Sora Ventures, the Company has appointed Jason Fang, Founder and Managing Partner of Sora Ventures, as Chairman of the Board and changed its Nasdaq ticker symbol from TOPW to SORA. This ticker change highlights the Company’s alignment with Sora Ventures’ vision and Fang’s leadership in driving Asia’s digital economy forward. The proposed name change from Top Win International Limited to AsiaStrategy, approved by its Board of Directors, is subject to shareholder approval and registration in the Cayman Islands.

About TopWin

Top Win International Limited (Nasdaq: SORA) is a premier Hong Kong-based company specializing in the trading, distribution, and retail of luxury watches from renowned international brands. Operating through its subsidiary, Top Win International Trading Limited, TOPW serves a global B2B network of distributors, independent dealers, and retail sellers. Headquartered in Wan Chai, Hong Kong, and incorporated in 2001, Top Win International Trading Limited strives to deliver excellence in the luxury timepiece market. Commencing in May 2025, TOPW will venture into the Web3 ecosystem and make digital assets an additional focus of its future business direction.

Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, the Company’s plans to enter the digital asset market, the proposed partnership with Sora Ventures, and related business transformations. Forward-looking statements are subject to risks and uncertainties that could cause actual outcomes to differ materially from those expressed herein. Such risks include, but are not limited to, uncertainties related to market conditions, regulatory developments, the completion of the contemplated transactions, and other factors described in the “Risk Factors” section of the Company’s filings with the SEC. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Media Contact

TopWin Corporate Communications

Email: press@topwin.com

Phone: +852 2815 7988

FAQ

What companies is Top Win (TOPW) investing in and what are their performances?

Top Win is investing in HK Asia Holdings (1723.HK) and Metaplanet (3350.JP). Metaplanet has seen its stock surge over 3,600% since 2024, with 7,800 BTC holdings worth $800M and a $2.52B market cap. HK Asia Holdings' share price peaked at 15 times its pre-Bitcoin adoption value.

Why is TOPW changing its ticker to SORA?

The ticker change to SORA reflects the company's alignment with Sora Ventures and its new Chairman Jason Fang, who is the Founder and Managing Partner of Sora Ventures, emphasizing their commitment to digital assets.

What are Top Win's expansion plans in Asia?

After investing in Hong Kong and Japanese companies, Top Win plans to pursue additional investment opportunities in Thailand, Taiwan, and Korea to strengthen its regional presence in the digital assets sector.

What is the status of Top Win's name change to AsiaStrategy?

The name change from Top Win International Limited to AsiaStrategy has been approved by the Board of Directors but still requires shareholder approval and registration in the Cayman Islands.

How much Bitcoin does Metaplanet (3350.JP) hold in its reserves?

Metaplanet holds 7,800 BTC in its reserves, valued at over $800 million as of the announcement date.