PANews reported on November 11th that, according to Cryptoslate, AsiaStrategy announced that following a change in the shareholding structure of its major shareholder, Pride River Limited, Jason Fang, CEO of Sora Ventures, has become its largest shareholder. According to the announcement, prior to the adjustment, Ngai Kwan held 70% of the shares, and Sora Vision Limited held 30%. After the adjustment, Ngai Kwan holds 49%, Sora Vision Limited holds 30%, and Sora Ventures II Master Fund holds 21%. Because Sora Vision Limited and Sora Ventures II Master Fund share the same position as Jason Fang, he has the largest actual interest in AsiaStrategy. The company stated that this change in shareholding structure does not affect the company's management, operations, or strategy. AsiaStrategy also stated that, to explore the connection between its luxury watch business and Bitcoin-related initiatives, the company has purchased Bitcoin gift cards to reward VIP watch customers.
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Following a restructuring of its major shareholder structure, AsiaStrategy's CEO has become its largest shareholder.
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The total BTC short position of the "BTC ancient whale who high-profiled ETH swap" reached 492 million US dollars
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