His appointment suggests a sharper strategic focus for Top Win as it builds a stronger operational foundation. Fang is expected to lead the company in its next chapter, which is focused on Bitcoin accumulation and infrastructure development across Asia.
Top Win’s share price surged over 30% to $13.83 in early Monday trading. The rally continues a steep upward trajectory observed through May, with the stock now up over 200% since early April, according to chart data.
Based in Hong Kong, Top Win originally operated as a luxury watch distributor, but its recent merger with Sora Ventures has accelerated its pivot toward becoming a full-scale Bitcoin Treasury firm.
This strategy aligns with a broader trend of institutional interest in Bitcoin as a reserve asset. As of May 2025, the top 85 corporate holders collectively own over 804,000 BTC, according to Hodl15Capital.
According to Fang, Bitcoin treasury firms like SORA will play a leading role in driving the asset to new all-time highs.
Disclaimer: Sora Ventures is an investor in CryptoSlate.
