Hong Kong, Nov. 10, 2025 — AsiaStrategy (Nasdaq: SORA), a prominent entity in institutional digital asset strategy across Asia, announced today alterations to the ownership structure of its primary shareholder, leading to Jason Fang, CEO of Sora Ventures, becoming AsiaStrategy’s largest individual shareholder.
Previously, Pride River Limited, AsiaStrategy’s major shareholder, was owned 70% by Mr. Ngai Kwan and 30% by Sora Vision Limited. Following the anticipated completion of an agreement dated November 7, 2025, Pride River Limited will be held 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 affiliated with Mr. Fang, he now holds the most substantial effective ownership interest in AsiaStrategy.
This updated shareholding does not entail any changes to AsiaStrategy’s management team, operational procedures, or overarching strategic direction. The company remains committed to its long-term objectives in cross-border institutional strategy and digital innovation throughout Asia, concurrently maintaining its luxury watch enterprise. AsiaStrategy also revealed it has acquired Bitcoin gift cards to reward its VIP watch clients as part of its exploration into potential synergies between its luxury watch and Bitcoin businesses.
About AsiaStrategy
AsiaStrategy (Nasdaq: SORA), based in Hong Kong, is a leading firm in institutional digital asset strategy, spearheading Bitcoin treasury approaches across Asia. Established in 2001, the company initially focused on the trade and distribution of luxury watches. In May 2025, it underwent a rebranding to concentrate on digital assets and blockchain innovation, thereby positioning itself at the forefront of institutional Bitcoin treasury management in the region.
Forward-Looking Statements
This announcement contains statements that are forward-looking. These declarations are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements encompass, but are not limited to, the Company’s plans regarding the digital asset market, collaborations with third parties, and related business approaches. Forward-looking statements are subject to various risks and uncertainties that could cause actual outcomes to differ materially from those expressed herein. These risks include, without limitation, uncertainties linked to market conditions, regulatory developments, the completion of the proposed transactions, and other factors detailed in the “Risk Factors” section of the Company’s filings with the SEC. The Company disclaims any obligation to update any forward-looking statements, except as required by applicable law.
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