Top Win's strategy investment in Thailand and South Korea, SORA becomes a Bitcoin reserve asset management company.

Top Win International, which was once a luxury watch distributor, officially transformed into a Bitcoin vault company in May. With its industry connections and a group of like-minded investors, it aims to acquire publicly listed companies in various countries and convert them into Bitcoin reserve companies. Top Win operates like an asset management company, helping everyone find and invest in Bitcoin reserve companies. Buying Top Win ( stock code SORA) is akin to buying into multiple Bitcoin reserve companies.

Top Win acquisition of Metaplanet and Hong Kong Asia Holdings

Top Win International Limited signed a share purchase agreement at the end of May to acquire 200,000 shares of the Japanese version of MicroStrategy, Metaplanet Inc. (3350.JP), at a price of 832.48 yen per share. The acquisition price shall be paid in cash or equivalent digital assets within one year after the completion of the transaction.

In addition, TopWin has signed an updated contract to acquire options for 2 million shares of Hong Kong Asia Holdings ((1723.HK) from the seller Allied Top Investments Limited at a price of HKD 4 per share.

As of the deadline, the stock price of Metaplanet is 1,505 yen, while the stock price of Hong Kong Asia Holdings is 4.15 HKD.

Top Win reinvests in South Korea SGA

Top Win International Limited announced on 7/14 a collaboration with Metaplanet CEO Simon Gerovich and leading Korean investment firm KCGI to invest in SGA Co., Ltd. (KOSDAQ: 049470) in Korea. SGA Co., Ltd. has submitted documents to regulatory authorities, and if successful, Top Win and its consortium of investors will become the largest shareholders of SGA, with the proceeds being used for strategic asset acquisitions and general corporate purposes.

SGA Corporation plans to leverage the consortium's global network and expertise to launch new initiatives in the digital asset space, while continuing close cooperation with various affiliated companies under the SGA Group to operate its core business. As of the date of this announcement, the parties are negotiating the terms of the investment and have not yet signed a final agreement regarding the transaction.

Thailand DV8 Public Limited

Top Win International Limited announced last week through its subsidiary AsiaStrategy Topwin SG Pte. Ltd. its intention to invest in DV8 Public Limited, a company listed on the Stock Exchange of Thailand, together with certain other offerors, to acquire up to 152,842,577 ordinary shares, equivalent to 11.58% of DV8's total issued and paid-up capital, as well as 11.58% of the warrants to purchase shares that have not yet been exercised by DV8. The offer period is expected to end on August 20, 2025.

Top Win has become a Bitcoin strategy investment company through strategic acquisition.

Observing Top Win's investment strategy, it is not like a typical Bitcoin reserve company that acquires Bitcoin through fundraising; instead, it utilizes its industry connections and a group of like-minded investors to acquire publicly listed companies in other countries and convert them into Bitcoin reserve companies.

The author believes that Top Win's niche lies in establishing Bitcoin reserves through companies in different markets and then packaging them into Top Win's stock price. After all, general investors cannot easily open accounts with brokers around the world, making it difficult for funds to easily enter stock markets in countries like South Korea and Thailand. Top Win acts like an asset management company, helping people identify and invest in Bitcoin reserve companies, so buying Top Win is akin to buying into multiple Bitcoin reserve companies.

Top Win stock price ( SORA ) rose from 4.5 dollars at the end of May to 14 dollars, and has now retraced to 7.33 dollars. As Top Win continues to expand its presence in various countries, whether it can attract investors' attention and drive its stock price trend remains to be seen.

This article Top Win on Thailand-Korea strategic investment, SORA becomes the Bitcoin reserve asset management company first appeared in Chain News ABMedia.