Sora Ventures launches $150 million fund to promote Asian listed companies to adopt Bitcoin financial strategies "
Internet reported that on December 2, according to CryptoSlate, Sora Ventures has launched a US$150 million fund aimed at promoting listed companies across Asia to adopt bitcoin-centered financial strategies. The fund aims to replicate MicroStrategy's model, using Bitcoin as the main reserve asset to optimize financial strategy and enhance shareholder value. According to the announcement, the fund will target companies listed on major stock exchanges such as Japan, China Hong Kong, Thailand, Taiwan and South Korea. The first successful example of this strategy was when Metaplanet, a company listed on the Tokyo Stock Exchange, collaborated with Sora Ventures to implement the MicroStrategy model. According to a note, the fund aims to identify and collaborate with companies that can benefit from bitcoin-centric financial management. This includes tailoring strategies to the regulatory and market environment of each country. For example, Japan's taxation of unrealized bitcoin gains poses some unique challenges that can be alleviated by developing a strategic corporate framework. Jason Fang, Managing Partner at Sora Ventures, emphasized the scalability of the micro-strategy model. He revealed plans to expand the plan to more companies, including a potential partnership with a Hong Kong Stock Exchange listed company and ongoing negotiations with a Thailand Stock Exchange candidate company. Fang emphasized the synergy that can be achieved through networking, that is, companies that adopt Bitcoin financial management can jointly improve their operations and financial conditions.
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