Taiwan’s Wiselink Makes History: First Public Company to Adopt Bitcoin as Treasury Reserve Asset
Breaking corporate conventions—and possibly regulators' patience—Wiselink just rewrote the playbook for Asian enterprises.
The Taipei-listed firm dropped a bombshell this morning: it's allocating a portion of its cash reserves into Bitcoin, becoming the first Taiwanese company to officially embrace cryptocurrency as treasury asset. No percentages disclosed—because when has corporate transparency ever stopped a good moon mission?
Why this matters: That 'magic internet money' just got institutional validation in one of Asia's most conservative financial markets. While Wall Street giants still debate ETF approvals, this mid-cap manufacturer said 'hold my oolong tea' and jumped straight into cold storage.
The subtext: Either a visionary hedge against Taiwan's geopolitical risks...or the most expensive marketing stunt since that time a certain exchange bought a stadium naming rights. Either way, the boardroom clearly thinks fiat is for cowards now.
Bonus jab: Because nothing says 'serious financial strategy' like converting working capital into an asset that can swing 20% before lunch.
WiseLink’s $10M Bitcoin Bet
According to the official press release, the electronics manufacturer led a $10 million funding round for Top Win International Limited, listed on Nasdaq as SORA, through a three-year convertible note. It also formalizes a capital and technology partnership under the “Bitcoin + Cross-Border Finance” framework.
Confirming the development, Jason Fang, founder and managing partner at Sora Ventures, said,
“The future is public companies buying public companies that have exposure to digital assets!”
The investment, alongside contributions from Chad Koehn of United Capital Management of Kansas and four other backers, will be largely used by TopWin to purchase Bitcoin. Additional plans include selectively investing in listed companies with similar treasury strategies, subject to regulatory requirements.
While TopWin clarified it will not operate as an investment company, WiseLink’s move could inspire a new wave of regional corporate adoption that WOULD blend digital asset holdings with traditional business expansion strategies.
Asia’s Corporate Bitcoin Race
Several Asian companies have already embraced bitcoin treasury strategies. The pioneer in this aspect is Japan’s Metaplanet. This Tokyo-listed firm amassed 18,113 BTC and is aiming for 210,000 BTC by 2027. It has strategically positioned itself as “Asia’s MicroStrategy.”
Next up is South Korea’s K Wave Media. The Nasdaq-listed K-pop entertainment company partnered with Galaxy Digital. The deal includes Galaxy’s investment, unlocking access to nearly $1 billion in institutional capital to advance KWM’s long-term Bitcoin treasury ambitions.
Singapore-based Genius Group ramped up its Bitcoin treasury goal from 1,000 BTC to 10,000 BTC in an aggressive approach to its BTC-first strategy.
Bitcoin’s price sits just above $118,000, but analysts warn a supply shock could push it toward $1 million. According to Swan, a Bitcoin-only financial firm, the rally this quarter is deliberate and underhyped, and is driven by corporate treasuries and spot ETFs quietly buying BTC via algorithmic “drip” purchases. Swan outlined a four-phase path: quiet corporate accumulation, sovereign accumulation, treasury structures preparing for large-scale bids, and a contagious narrative that ignites mania.
Meanwhile, influencer “American HODL” predicted that corporate FOMO could trigger a treasury bubble rivaling the 1999 dot-com boom.
