AsiaStrategy announces a new shareholding structure, with Jason Fang becoming the largest shareholder, while maintaining its strategic focus.
Quiver AI Summary
AsiaStrategy, a leading institutional digital asset strategy firm in Asia, announced a change in its major shareholding structure, with Jason Fang, CEO of Sora Ventures, becoming the largest shareholder. Previously, Pride River Limited, the former major shareholder, was primarily owned by Mr. Ngai Kwan. Following a new agreement, the ownership will shift to 49% for Mr. Kwan, 30% for Sora Vision Limited, and 21% for Sora Ventures II Master Fund, both of which are associated with Mr. Fang. This change does not affect the company's management or strategic direction, which remains focused on institutional strategies and digital innovation. Additionally, AsiaStrategy is incentivizing its VIP watch customers with Bitcoin gift cards to explore synergies between its luxury watch and digital asset businesses.
Potential Positives
- Jason Fang has become the largest shareholder of AsiaStrategy, which may strengthen leadership stability and strategic alignment within the company.
- The company is exploring synergies between its luxury watch and Bitcoin businesses by rewarding VIP watch customers with Bitcoin gift cards, indicating innovative cross-marketing strategies.
- AsiaStrategy's continued focus on long-term objectives in cross-border institutional strategy and digital innovation reinforces its commitment to growth and market leadership in the digital asset space.
Potential Negatives
- Jason Fang, as the largest shareholder, raises potential concerns over concentrated ownership, which may affect governance and decision-making transparency.
- The shareholding changes involve a significant reduction in ownership by Mr. Ngai Kwan from 70% to 49%, which may signal instability or disagreement among major stakeholders.
- The announcement of purchasing Bitcoin gift cards for VIP customers could be seen as an attempt to diversify rather than a strong strategic move, potentially raising questions about the company’s core focus and financial health.
FAQ
Who is the largest shareholder of AsiaStrategy now?
Jason Fang, CEO of Sora Ventures, has become the largest shareholder of AsiaStrategy following recent changes in shareholding structure.
What changes occurred in AsiaStrategy's shareholding structure?
Pride River Limited's ownership has shifted to 49% by Mr. Ngai Kwan, 30% by Sora Vision Limited, and 21% by Sora Ventures II Master Fund.
Will AsiaStrategy’s management team change after this announcement?
No, there will be no changes to AsiaStrategy’s management team, operations, or strategic direction as a result of this shareholding update.
What is AsiaStrategy’s focus moving forward?
AsiaStrategy will continue to focus on cross-border institutional strategy and digital innovation across Asia while maintaining its luxury watch business.
What recent initiative has AsiaStrategy taken for its VIP customers?
AsiaStrategy has purchased Bitcoin gift cards to reward its VIP watch customers, exploring synergies between its luxury watch and bitcoin businesses.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SORA Hedge Fund Activity
We have seen 1 institutional investors add shares of $SORA stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WEDBUSH SECURITIES INC added 13,265 shares (+inf%) to their portfolio in Q3 2025, for an estimated $59,692
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Hong Kong, Nov. 10, 2025 (GLOBE NEWSWIRE) -- AsiaStrategy (Nasdaq: SORA), a leader in institutional digital asset strategy in Asia, announced changes in the shareholding structure of its major shareholder, which established Jason Fang, CEO of Sora Ventures, as the largest shareholder of AsiaStrategy.
Previously, AsiaStrategy’s major shareholder, Pride River Limited, was held 70% by Mr. Ngai Kwan and 30% by Sora Vision Limited. Following the pending consummation of an agreement dated November 7, 2025, Pride River Limited will be owned 49% by Mr. Ngai Kwan, 30% by Sora Vision Limited, and 21% by Sora Ventures II Master Fund. As both Sora Vision Limited and Sora Ventures II Master Fund are entities aligned with Mr. Fang, he now holds the largest effective ownership interest in AsiaStrategy.
This update does not result in any change to AsiaStrategy’s management team, operations, or strategic direction. The company remains focused on its long-term objectives in cross-border institutional strategy and digital innovation across Asia, while upholding its luxury watch business. AsiaStrategy also announced it has purchased Bitcoin gift cards to reward its VIP watch customers as it explores synergies between its luxury watch and bitcoin businesses.
About AsiaStrategy
AsiaStrategy (Nasdaq: SORA) is a Hong Kong-based leader in institutional digital asset strategy, pioneering Bitcoin treasury strategies throughout Asia. Founded in 2001, the company initially specialized in trading and distributing luxury watches. In May 2025, it rebranded to focus on digital assets and blockchain innovation, positioning itself at the forefront of institutional Bitcoin treasury management in the region.
Forward-Looking Statements
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, the Company’s plans with regards to the digital asset market, partnerships with third-parties, and related business strategies. Forward-looking statements are subject to risks and uncertainties that could cause actual outcomes to differ materially from those expressed herein. Such risks include, but are not limited to, uncertainties related to market conditions, regulatory developments, the completion of the contemplated transactions, and other factors described in the “Risk Factors” section of the Company’s filings with the SEC. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.
Media Contact:
AsiaStrategy Corporate Communications
Email: [email protected]
Phone: +852 2815 7988
