In a sign that cryptocurrency is increasingly becoming part of mainstream corporate strategy, Taiwan’s Top Win International has announced a $10 million capital raise to buy Bitcoin.
This makes it the first company in Taiwan to officially adopt a Bitcoin treasury strategy, joining a growing global trend of publicly listed firms holding digital assets as part of their reserves.
WiseLink Takes the Lead in Investment
Top Win revealed that Taiwan-based fintech company WiseLink played a central role in the raise.
WiseLink purchased three-year convertible notes and signed a memorandum of understanding with Top Win, outlining plans for a “bitcoin + cross-border finance” initiative.
Other private investors, including Chad Koehn, founder of United Capital Management in Kansas, also participated.
The majority of the new funds will be directed toward Bitcoin purchases, with a portion reserved for working capital needs.
Stock Market Reacts to Bitcoin Strategy
Investors seemed to respond positively to Top Win’s announcement.
On Friday, the company’s stock rose 12.5% in pre-market trading, reaching $5.80. hile this was below the $12.12 price seen when the company first announced its Bitcoin pivot, the stock remains up nearly 51% year-to-date, indicating sustained investor interest despite volatility.
Joining the Global Bitcoin Treasury Trend
Top Win is now part of a growing list of companies that hold Bitcoin as a core reserve.
Market data shows that 167 public companies collectively hold more than 976,132 BTC, with Strategy leading at 628,945 BTC.
Other notable holders include Metaplanet and Trump Media & Technology Group Corp., which have 18,110 and 15,000 BTC, respectively.
Political Momentum Supports Bitcoin Adoption
The momentum for Bitcoin treasury adoption has been further bolstered by recent statements from US Treasury Secretary Scott Bessent.
He announced that government-seized Bitcoin would serve as the foundation of the Strategic Bitcoin Reserve, a plan outlined by US President Donald Trump in March.
Observers see this as a sign of increasing institutional support for Bitcoin in the United States.
A Long-Term Vision for Digital Assets
For Top Win, the move represents a major expansion beyond its traditional luxury retail business.
The Hong Kong-based company, listed on Nasdaq under the ticker SORA, originally revealed its digital asset venture in May.
While its initial focus is on Bitcoin, the company has hinted at potential investments in other Bitcoin treasury firms in the future, signaling a long-term commitment to cryptocurrency strategy.
Editorial Integrity
Top Win’s announcement comes amid wider market attention, and it’s worth noting that coverage by platforms like Bitcoinist is built on thorough research, unbiased reporting, and rigorous review by technology experts and seasoned editors.
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