Sora Ventures Takes Control of Hong Kong Bitcoin Company HK Asia Holdings, Shaping the Future of BTC Management

On February 12, 2025, a significant shift occurred in the governance of HK Asia Holdings, a prominent Bitcoin firm based in Hong Kong. Sora Ventures has successfully taken control of the company’s board of directors, transitioning from a mere shareholding role to direct management involvement. This strategic move is marked by the inclusion of twelve members on the new board, featuring notable figures such as David Bailey and John Riggins from BTC Inc., along with Jason Fang from Sora Ventures. The reorganized board is structured to enhance corporate governance, establishing dedicated audit, compensation, nomination, and ESG committees that are essential for overseeing vital management functions. This change follows the previous acquisition of a one-third equity stake in Metaplanet by Sora Ventures and a subsidiary of BTC Inc., underscoring a trend of increasing involvement in key crypto enterprises.