Bitcoin treasury pivot lifts luxury watchmaker’s stock more than 60%

Following its announcement of a Bitcoin treasury strategy, AsiaStrategy’s stock soared from 7.50 USD to 12.12 USD in premarket trading, marking an impressive rise of more than 60%.

The company’s new direction includes a collaboration with Sora Ventures, which has a history in Bitcoin treasury initiatives. This partnership reflects a broader corporate trend towards Bitcoin accumulation.

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