Bitcoin Consortium Targets Thai Public Firm in Treasury Strategy Push

The consortium of the investors of the winding bitcoin acquires a DV8, a company with a Thai list that is primarily involved in distribution of retail and consumer electronics, in an attempt to expand Model Bitcoin Treasury to the public markets of Southeast Asia.

The consortium intends to acquire the “at least 75%” of the registered capital DV8 through a voluntary offer, according to a press statement divided Decipher. AND notice On Thursday, the intentions posted a stock market in Thailand.

Water Group supports Metaplanet Inc., a company that has on Tokyo that has Adopted bitcoin as their primary property of the treasury. Consortium members include UTXO Management, Sora Ventures and Kliff Capital, Thai property manager. Metaplanet Executive Director Simon Gerovich is listed as an individual investor.

Moon Inc. (HKEX: 1723), a telecommunication company that is supported in Hong Kong supported by UTXO and Sora is also included. The group supports Asiastrategy (Nasdaq: Sora), which the role has in Metaplanet, Moon, and now DV8.

Asked Decipher As the consortium plans to balance operations with a strategy aimed at Bitcoin, Jason Fang, founder of Sora Ventures, rejected the question, offering only a wide statement of enthusiasm for the Thai market.

Thailand could represent “a market that we believe could be the next metaplanet on the set,” Fang said Decipher.

Pressed to manage, Fang quoted records of other shareholders in Bitcoin But he did not offer specific mechanisms or surveillance plans.

Asked about further details about the ownership structure of the contract, said Sora Ventures spokesman Decipher According to the standards, these details could be available within a week.

“Litmus Test” for corporate bitcoin treasury

Consortium’s detection is followed by a wider trend in which small caps or financial troubles have accepted the Bitcoin-S Milling Results Treasury Strategy.

Last week, a biotechnology company with a list of ASX Opil He saw his part of the stock after announcing the turn to Bitcoin. Days later, a similar move appeared in Spain, where the cafe chain appeared Vanadi coffee He announced Bitcoa’s turn.

In both cases, observers warned of risks that could “start forced liquidation and instability,” warning that such “tricks” could “probably fail”.

“Bitcoin on the balance sheet may be either a disciplined treasure trove of treasury or neon-orange trouble,” said Saul Rejwan, an early-stages control partner Crypto Venture Capital MasterKey, said Decipher.

The other in the space echo That division.

“When the company builds a BTC box office with a strategy, belief and clear communication, it signals strength,” said Vincent Liu, the Chief Investment Director in the Kronos research based in Tapei, he said, he said Decipher. “But when they make sudden moves, it often feels like a short -term stunt or hype play.”

Jay Jo, a senior analyst from Seoul based in Seoul, told Tiger Research research Decipher That most corporate bitcoin strategy “seems short -term guided”.

“Companies issuing new shares or increasing the debt to finance Bitcoin buying without solid financial foundations,” he added. “This creates a systemic risk.”

Still, not all Bitcoin vault moves created equal, Rejwan points out.

“The Litmus test follows,” he said, adding that “lean organizations with a minimum number of heads, and therefore lower burns, can survive down.”

“Those who use BTC as a life for life for a core in cash usually don’t do it,” Rejwan said.