Sora Ventures plans to purchase $1 billion worth of Bitcoin within 6 months

Jinse Finance reported, citing Bitcoin Magazine, that Sora Ventures has announced the launch of a Bitcoin reserve fund. The fund has secured $200 million in committed capital from partners and investors in Asia, and plans to purchase $1 billion worth of Bitcoin over the next six months. According to reports, this move marks a significant development following the establishment of Asian Bitcoin reserve companies such as Japan's Metaplanet, Hong Kong's Moon Inc., Thailand's DV8, and South Korea's BitPlanet. Unlike these companies, which hold Bitcoin directly on their balance sheets, Sora Ventures' reserve fund will serve as a central pool of institutional capital, aiming to support existing enterprises and promote the establishment of similar reserve funds globally.