Top Win has renamed itself "SORA" to布局 the Asian Bitcoin market, with Jason Fang serving as the chairman of the board to lead the transformation.

Top Win International, once a luxury watch distributor, has officially transformed into a Bitcoin vault company, not only changing its NASDAQ stock code to "SORA" but also inviting renowned figure in the encryption investment circle, Jason Fang, to serve as the chairman of the board. This series of strategic moves indicates that the company aims not just to align itself with Bitcoin but also intends to become the "Asian version of MicroStrategy," leading enterprises to reserve Bitcoin and enter a new chapter.

( The US-listed company TopWin enters Web3, partnering with Sora Ventures to create the Asian version of MicroStrategy )

Change code, change mindset: Top Win officially rebranded as SORA, reshaping Bitcoin's strategic positioning.

According to regulatory documents dated May 27, Top Win International announced that its stock ticker on Nasdaq has changed from "TOPW" to "SORA," symbolizing the company's transformation into a vault enterprise with Bitcoin as its core asset. This change is not only a brand upgrade but also a significant turning point in the company's business and financial strategy.

The core goal of SORA at this stage is to focus on accumulating Bitcoin assets and strengthening the related infrastructure construction, especially in the layout and expansion in the Asia region.

Jason Fang at the helm: Metaplanet's former generals return to leadership positions.

In this reorganization, Sora Ventures co-founder Jason Fang has been appointed as the chairman of the board. He previously led Metaplanet in guiding Asian enterprises towards Bitcoin reserve adoption and is regarded as one of the pioneers of Asian companies embracing Bitcoin.

Jason Fang's joining means that SORA will more actively advance its Bitcoin reserve program. His experience will help the company build a more solid operational foundation and pave the way for future expansion.

The stock price soared over 30%, and the market is optimistic about the new strategy.

Affected by the positive impact of the name change and personnel changes, SORA (formerly TOPW) saw its stock price soar over 30% in pre-market trading on Monday, reaching $13.83. Looking back at the entire month of May, the stock has accumulated more than 200% increase, emerging from a strong bullish trend since early April.

The market reacted enthusiastically to the company's strategic transformation into a Bitcoin vault, indicating that investors generally have a positive outlook on its future development potential.

Rename to AsiaStrategy? A grand vision comparable to MicroStrategy.

SORA is currently planning to apply for a name change to "AsiaStrategy" to align with the American company MicroStrategy. This name change is still pending approval from regulatory authorities, but it is already evident that it aims to play a leading role in Bitcoin corporate reserves in Asia.

Fang recently posted on social media stating that SORA's goal is to create an "Asian version of MicroStrategy," which will not only actively accumulate Bitcoin but also support the expansion of its associated businesses in the Asian market.

Going with the trend: Bitcoin corporate reserves become a mainstream trend

SORA's strategic direction also echoes the global trend of companies embracing Bitcoin reserves. As of May 2025, the top 85 companies worldwide hold over 804,000 Bitcoins, according to data from Hodl15Capital.

Among them, MicroStrategy, renamed as Strategy, holds the largest amount of coins, with over 580,000 BTC; in Asia, Metaplanet leads with 7,800 BTC.

SORA is poised for action, leading the trend of Bitcoin enterprises in Asia.

With the renaming of the stock code, the addition of Jason Fang, and the advancement of the Bitcoin reserve strategy, SORA is no longer just a company transitioning from the luxury goods business, but also an important driver of the next wave of Bitcoin adoption in Asia. Whether it can truly become the Asian version of MicroStrategy in the future is something the market should continue to pay attention to.

As Jason Fang said, "Bitcoin vault companies like SORA will play a key role in driving Bitcoin to achieve historical highs in the future."

This article "Top Win" has been renamed "SORA" to layout the Asian Bitcoin market, with Jason Fang serving as chairman of the board to lead the transformation. It first appeared in Chain News ABMedia.