Main notes
- Wiselink has led $ 10 million to win TOP with a 2 million dollar transfer investment.
- Top Win will purchase Bitcoin and Rebrand to Asiastrategy after merging with Sora Ventures.
- Wiselink chose protection debts and conversion option to stock later.
A company listed in Taiwan took an extraordinary step in the world of bitcoin reserves. Wiselink has become the main supporter of a $ 10 million financing effort for Top Win International, a luxury watch seller in Hong Kong now moves to digital assets.
This is the first known case of a public company in Taiwan that puts the money behind an action that focuses its strategy on the bitcoin contract. Wiselink contributed $ 2 million through convertible debt, which can be converted into future shares. The rest came from the American investor Chad Cohen and four supporters from the private sector.
Top Win, which is trading on Nasdak under the Sora Index, converts its focus. With the support of Sora Ventures, an Asian -based cryptocurrency investment group, the company is subject to a rename to “Asiastrategy”. Sora Ventures will merge itself into the highest victory as part of the change.
New capital will be used mainly to buy Bitcoin, but Top Win may also target other public companies with large bitcoin. She revealed that she will not work as a financial investment company or make securities trade its main business line.
The CEO of Wiselink, Tsai Kun Huang, indicated that the plan will include bitcoin possesses directly in the company’s international financing. The aim of this is to improve the safety of the long -term assets while using reserves to support new business models. Huang refers to monetary policy around the world, increasing geopolitical risks, and searching for assets that are decentralized, rare, and inflation as reasons for behavior now.
Huang says the selection of convertible debt instead of buying stocks directly provides flexibility. It allows Wiselink to start as a lender, earn fixed returns and protect its first capital, but still allows to switch to ownership if the market conditions and the performance of Top Win improve. In this way, the company closes its partnership today without being linked to fairness before it is ready.
Top Win joins the Asian Companies Association, including Metaplanet, which changed its basic structure to include the Ministry of Bitcoin. Recently, Metaplanet revealed that she realized about $ 8.4 million in revenue and has seen an increase of 35 % in its total profit.
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Rose is a cherry content writer with a strong background in financing and technology. It simplifies the complex Blockchain topics and encrypted currencies, and provides insight and market analysis to help readers move in the advanced encryption scene.
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