Jason Fang, Founder of Sora Ventures unveils the MicroStrategy 2.0 framework for Asia

Jason Fang of Sora Ventures presented a framework for Bitcoin adoption by Asian companies, calling it "MicroStrategy 2.0," at Consensus Hong Kong 2025. He highlighted the success of Japanese firm Metaplanet, which saw its stock price increase by 4,800% and its shareholder count grow by 500% to over 50,000 in the past year after adding Bitcoin to its treasury. Metaplanet's market capitalization also grew by over 6,300% in the same period. Metaplanet now holds 2,100 Bitcoin worth $206.55 million and made two purchases in February. MicroStrategy, the inspiration for this approach, holds 478,740 Bitcoin worth over $47 billion and recently bought 7,633 Bitcoin for $742 million. Sora Ventures launched a $150 million fund in December 2024 to support Bitcoin treasury strategies for publicly listed companies in Thailand, Taiwan, Japan, Hong Kong, and South Korea. Interest in government Bitcoin reserves is growing in the US, with New Mexico and Pennsylvania proposing legislation, and globally in countries like the Czech Republic, Germany, Hong Kong, Poland, Russia, Brazil, and Japan.