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Sora Ventures Introduces $150M Fund to Drive Bitcoin Strategy in Asia

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By on December 2, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Sora Ventures Introduces $150M Fund to Drive Bitcoin Strategy in Asia appeared first on Coinpedia Fintech News

Sora Ventures has launched a $150 million fund to replicate MicroStrategy’s Bitcoin-focused treasury model across Asia. Targeting listed companies in Japan, Hong Kong, and beyond, the fund aims to enhance corporate value through Bitcoin reserves. Its success is showcased by Metaplanet, a Tokyo-listed firm whose stock surged over 1,000% in 2024 after adopting the strategy. Sora Ventures plans further expansion, including partnerships in Thailand and Hong Kong, while also investing in Bitcoin ecosystem projects and educational initiatives to solidify its vision of widespread Bitcoin adoption.

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Hong Kong’s e-HKD Pilot Programme Enters Phase Two

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