Sora Ventures Launches $150 Million Fund to Support Asian Companies in Bitcoin Reserves

Sora Ventures' investment fund will focus on supporting companies listed on stock exchanges in Japan, Hong Kong, Thailand, Taiwan and South Korea.

On the evening of December 2, Sora Ventures launched a $150 million investment fund to promote the strategy of using Bitcoin as a reserve asset for listed companies in Asia.

Specifically, this investment fund will apply MicroStrategy's financial model, utilizing Bitcoin as the main reserve asset to optimize and increase shareholder value. According to the announcement, the fund will focus on companies listed on major stock exchanges in Japan, Hong Kong, Thailand, Taiwan and South Korea.

This model will be implemented through continuous Bitcoin purchases and leveraging debt and equity to maximize financial resources. The goal is to deliver returns that are superior to traditional forms of investment.

A clear demonstration of the success of this strategy is Metaplanet, the first Tokyo Stock Exchange-listed company to announce its ownership of Bitcoin. Metaplanet has partnered with Sora Ventures to implement this model and has earned a profit of more than 45% since the start of Bitcoin DCA in May 2024.

Notably, Metaplanet's stock has skyrocketed by more than 1,000%, becoming the best performing stock on the Tokyo Stock Exchange in 2024.

Sora Ventures not only focuses on financial support but also helps companies build financial strategies that are suitable for the market and regulations of each country. For example, Japan has regulations on taxing unrealized Bitcoin profits, Sora Ventures will plan to help companies adjust their strategies to avoid these risks.

Jason Fang, founder of Sora Ventures, said:

"There are ongoing discussions to partner with companies listed in Hong Kong and Thailand. We believe that a network of companies adopting a Bitcoin reserve strategy will help improve the financial and operational capabilities of these companies."

In addition, Sora Ventures has also invested in more than 25 projects in the Bitcoin ecosystem, focusing on developing Bitcoin network infrastructure and applications to expand the utility of the king coin.

As for Microstrategy, this software company recently announced that between November 25 and December 1, 2024, it used $1.5 billion in cash to buy an additional 15,400 Bitcoins, bringing its total Bitcoin holdings to 402,100, with an average purchase price of $58,263 per BTC.