Asia’s First $1 Billion Bitcoin Treasury Fund? Sora Ventures Does It! 💰🤨

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It is with great fanfare and a hint of audacity that Sora Ventures declares the arrival of Asia’s very first Bitcoin treasury fund-an enterprise aiming to amass a staggering sum of $1 billion in BTC within a mere six months. One cannot help but admire the scale of such an ambition, or wonder if all this crypto excitement might be a rather modern folly. 🎩

  • The fund was announced amidst the fashionable hubbub of Taipei Blockchain Week, boasting an initial capital of $200 million-because one must begin somewhere, after all.
  • It rests firmly upon the laurels of Sora Ventures’ prior trifling investments in assorted regional Bitcoin enterprises: Metaplanet, Moon Inc., DV8, and BitPlanet-names that sound more fitting for a celestial promenade than fiscal endeavours.

It was during the grand occasion of Taipei Blockchain Week that Sora Ventures unveiled this dedicated Bitcoin (BTC) treasury fund, declaring an ambition to purchase $1 billion worth of BTC within half a year. The initial subscription of $200 million from partners and investors throughout the region was no doubt uttered with utmost hope and considerable-or perhaps reckless-optimism.

This venture builds most conveniently on Sora’s previous gentlemanly loans and investments in regional Bitcoin enterprises, such as last year’s backing of Japan’s Metaplanet, which set forth its maiden ¥1 billion (approximately $6.5 million) expedition into the Bitcoin wilderness.

Since that auspicious occasion, Sora Ventures has made itself comfortably established within Hong Kong’s Moon Inc., Thailand’s DV8, and South Korea’s BitPlanet-each supposedly aspiring to multiply these treasury-style allocations across various markets as if one could simply print prosperity on demand.

The rise of Bitcoin treasuries in Asia

While, for the past decade, grand-scale Bitcoin treasury activity has been predominantly the pastime of the United States-where corporate strategy and crypto whims have entwined in peculiar matrimony-Asia now attempts to emulate, or perhaps compete, with these established patterns, much as a keen debutante might copy the fashions of London society.

“This marks the first occasion Asia has committed such a substantial sum toward building a network of Bitcoin treasury firms,” proclaimed Luke Liu, Partner at Sora Ventures, with no small amount of pride and presumably a glint of hope.

In the meantime, Bitcoin treasury companies across Asia continue to increase their exposure-as Metaplanet has demonstrated by securing shareholder approval to issue up to 555 million new shares, all apparently destined to acquire more Bitcoin. With total BTC holdings soaring past 20,000, Metaplanet proudly claims the title of sixth-largest corporate holder. One might wonder if the coins themselves have much say in this arrangement. 🤷‍♂️

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2025-09-05 12:27