Golden Finance reported that on December 2, according to CryptoSlate, Sora Ventures has launched a US$150 million fund aimed at promoting listed companies across Asia to adopt Bitcoin-centric financial strategies. The fund aims to replicate MicroStrategy’s model of using Bitcoin as its primary reserve asset to optimize financial strategies and enhance shareholder value. According to the announcement, the fund targets companies listed on major stock exchanges in Japan, Hong Kong, Thailand, Taiwan and South Korea. The first successful example of this strategy is the implementation of the MicroStrategy model by Metaplanet, a company listed on the Tokyo Stock Exchange, in partnership with Sora Ventures. According to a description, the fund aims to identify and partner with companies that could benefit from Bitcoin-centric financial management. This includes tailoring strategies to each country’s regulatory and market environment. For example, Japan’s taxation of unrealized Bitcoin gains poses some unique challenges that can be mitigated by developing a strategic corporate framework. Jason Fang, managing partner at Sora Ventures, emphasized the scalability of the microstrategy model. He revealed plans to expand the program to more companies, including a potential collaboration with a Hong Kong Stock Exchange-listed company and ongoing talks with a Thailand Stock Exchange candidate. Fang emphasized the synergistic benefits that can be achieved through a networked approach, whereby companies adopting Bitcoin financial management can jointly improve their operations and financial health.