Zhitong Science & Technology Co., Ltd. (Stock Code: 8932), a Taiwanese publicly traded company, has made history by announcing its board’s approval of a groundbreaking Bitcoin capital strategy. This strategic move positions Zhitong as Taiwan’s first listed company to incorporate such an approach, aligning itself with global trends in cryptocurrency investment. The company has partnered with Top Win International Limited, known as SORA, to implement a dual-engine model focusing on Bitcoin capital and cross-border finance.
SORA’s Strategic Vision: A Broader Asian Network
Earlier in July, SORA’s Co-CEO, Jason Fang, intriguingly hinted at a forthcoming venture in Taiwan through social media, sparking widespread market speculation. The formalization of Zhitong’s investment in SORA signals SORA’s strong commitment to expand its influence across Asia. This collaboration has been keenly anticipated, building on SORA’s broader ambition to weave a network of businesses across Asia into a Bitcoin reserve strategy.
The precedent for this strategy can be seen in the Japanese company Metaplanet, which has redefined its market position by moving into cryptocurrency. Metaplanet’s full-fledged investment in Bitcoin reserves in April 2024 led to a monumental surge in its stock, doubling in value throughout 2025, with an even more staggering 4,000% rise from its initial Bitcoin venture.
Zhitong’s Pioneering Move: Leading Taiwan into a Bitcoin Future
In a strategic decision, Zhitong’s board initiated two significant actions. The first involved signing a memorandum of understanding with SORA to subscribe to $2 million of its convertible bonds, connecting Zhitong to a global Bitcoin reserve network. The second was acquiring all shares of Letul Investments Private Limited in New Delhi, marking Zhitong’s foray into the Indian financial market with a license to engage in lending and financial services. These moves reflect a robust expansion strategy into emerging markets.
A Partnership for Mutual Growth: SORA X Zhitong
The collaboration between SORA and Zhitong is not merely a financial alliance but also a strategic synergy. This partnership promises to accelerate SORA’s entrance into Taiwan, offering legal and operational frameworks while enabling Zhitong to leverage SORA’s international reach and network. The resulting symbiosis is projected to amplify both companies’ capital and market value as Bitcoin prices climb.
Bitcoin Price Surge: Triggering Market and Financial Enhancement
This collaboration might mirror the capital market effects seen with MicroStrategy in the U.S., where a rising Bitcoin price has a direct pull-up impact on the companies’ net asset value and earnings per share. Zhitong’s acquisition in India positions it to launch innovative cross-border financial services such as crypto-backed loans and Web3 payments, potentially opening new revenue streams.
Market Reaction: A Strong Endorsement
Following the announcement on August 8, Zhitong’s stock and trading volumes spiked, reflecting market confidence in its new strategic direction. Market observers suggest that a continued bullish trend in Bitcoin could offer sustained support to Zhitong’s stock, potentially pioneering a new ‘Bitcoin-ization’ era among Taiwanese listed firms, integrating capital markets with digital assets.