Important Highlights
- Top Win became Taiwan’s first public Bitcoin treasury deal when WiseLink invested $10 million in it.
- Top Win plans to use the funds to buy Bitcoin and back other companies doing the same.
- This marks a key moment in linking Asian capital markets with Bitcoin-powered corporate strategies.
Bitcoin Treasury Strategy Becomes Top Win’s New Identity
Taiwan-based WiseLink made a daring and progressive investment of $10 million in Top Win International, a Nasdaq-listed business that is rapidly attracting attention in the cryptocurrency industry.
What makes this deal stand out? For the first time, a Taiwanese public firm has invested a substantial sum of money in a Bitcoin treasury company. Top Win used to be well-known for selling high-end timepieces.
The ticker SORA is now used to trade it. But in May 2025, it shifted gears. Now, it’s going all-in on a Bitcoin treasury strategy: holding Bitcoin on its balance sheet, and investing in other public companies doing the same.
This investment by WiseLink is a strong signal that Bitcoin is becoming more than just a speculative asset. It’s now part of serious corporate finance plans—especially in Asia.
Why WiseLink’s Move Into Bitcoin Treasury Matters
Viselink listed on Taiwan’s Stock Exchange under Tikar 8932 has mostly focused on Fintech and mother -in -law, especially in India.
But this deal is a major change. Through a three-year convertible note, the viselink bitcoin is stepping into the world of treasury management, calling it “bitcoin + cross-border finance” as part of its comprehensive strategy.
In plain words? This is not just a financial condition-it is a border cross-cooperation that combines Taiwan’s regulated markets with Hong Kong’s rapidly growing digital asset views.
Although the fine details of the note have not been made public, such as its conversion value or accurate terms, the target is obvious: to score the bitcoin-centric model of the top Win and to help riding a wave of increasing interest in the crypto treasury.
What Top Win Plans to Do With the Money
So, what’s Top Win actually going to do with that $10 million?
First off, a big chunk will go straight into buying Bitcoin. That’s right, they’re putting it on their balance sheet, just like MicroStrategy or Metaplanet.
They also plan to invest in other public companies using similar Bitcoin treasury models, and use some of the funds for general working capital.
This isn’t just talk, either. Top Win already owns stakes in companies like Metaplanet, which holds around 7,800 BTC, currently valued at roughly $800 million.
In the previous year, its stock increased by more than 3,600%. The top win also invested in HK Asia Holdings, whose share price jumped 15x after adopting a bitcoin treasury approach. Clearly, this is a strategy that’s getting attention for good reason.
The People Behind the Pivot
This Bitcoin pivot didn’t happen by accident. In May 2025, Jason Fong, co-founder of Sora Ventures, became the president and co-CEO of the top win. He’s now leading the charge to turn the company into a leader in digital asset capital strategy.
Under his direction, Top Win is aiming to expand into South Korea, Taiwan, and Thailand, all countries where the use of Bitcoin is rapidly growing.
And it is not alone. Sora Ventures is working to invest $ 150 million in at least 10 public companies by the end of 2025, focusing on all bitcoin treasury strategies.
No, They’re Not Becoming a Crypto Investment Fund
It’s worth noting: despite all this crypto activity, Top Win is making it clear that it doesn’t intend to operate as an investment company under U.S. securities laws.
They’re committed to playing by the rules while still building a Bitcoin-powered treasury model that works.
So, Why Does This Matter?
This deal matters because it shows how Bitcoin is starting to play a real role in traditional corporate finance, not just in the U.S., but in Asia too.
It’s no longer just crypto-native startups or hedge funds getting into Bitcoin. Now we’re seeing public companies like WiseLink and Top Win making calculated, strategic moves into Bitcoin as a treasury asset.
