Sora Ventures has launched an ambitious $1 billion Bitcoin treasury fund, aiming to deploy the full amount within six months to support institutional adoption across Asia and beyond. This significant move, already backed by $200 million in committed capital, signals a concentrated effort to integrate Bitcoin into corporate balance sheets at scale.
Catalyzing Institutional Bitcoin Adoption in Asia
Sora Ventures' new fund builds upon previous successful initiatives, including a $150 million program designed to replicate MicroStrategy's Bitcoin strategy across Asia. This vehicle serves as a pooled source of institutional capital, directly supporting existing corporate treasuries – such as Japan’s Metaplanet, Hong Kong’s Moon Inc., Thailand’s DV8, and South Korea’s BitPlanet – while also facilitating the creation of new ones. The fund is positioned to enhance financing rails, evidenced by recent investments like a $10 million convertible note from a Taiwan Stock Exchange-listed investor aimed at acquiring Bitcoin and pursuing treasury-aligned deals. Thailand, in particular, has emerged as a proving ground for this model, showcasing successful treasury shifts and strategic leadership alignments.
Strategic Approach and Future Expansion
Unlike individual company-level balance sheets, this pooled fund aims to co-finance treasury programs, underwrite initial Bitcoin purchases, and seed additional listed vehicles where local regulations make balance-sheet exposure more efficient. A primary objective is to mitigate the execution frictions that have historically fragmented institutional Bitcoin adoption in Asia, all while respecting regional nuances in custody, disclosure, and taxation. With a strict six-month window for deploying the $1 billion, this initiative is poised to inject substantial demand into the Bitcoin market by early 2026. Furthermore, Sora intends to leverage this pooled structure to expand its network of Bitcoin treasury companies into other global regions as market conditions and regulatory frameworks permit, evolving towards a coordinated, multi-issuer treasury platform.
