First Blockchain Player in Taiwan’s Stock Market! Zhitong Technology Invests in Bitcoin Vault SORA, Stock Price Soars by 6.56%

Wiselink Co., Ltd. (8932) Sees Stock Price Surge of 6.56% on August 18

Wiselink Co., Ltd. (8932) experienced a significant stock price increase of 6.56%, closing at 203 New Taiwan Dollars, due to a noteworthy cryptocurrency investment. The company, which has long been dedicated to manufacturing and technology, announced a $2 million investment in Top Win International (NASDAQ: SORA), headquartered in Hong Kong. This company is Taiwan’s first innovative firm focusing on the concept of “Bitcoin Treasury,” marking a new chapter for traditional enterprises venturing into digital assets.

Manufacturing + Technology Dual Engines: Wiselink is More Than Just a Zipper Leader

As the first publicly listed zipper company in Taiwan, Wiselink has already secured a significant position in the manufacturing sector. The company is known for its high quality and reliability, with products marketed in over 40 countries and regions, solidifying its leading position in the zipper industry.

However, Wiselink does not stop at traditional manufacturing. In recent years, the company has actively laid out plans for software technology and digital transformation. In March 2023, it officially acquired the Malaysian technology company Global Line Network (GLN), expanding its operational footprint to 13 countries in the Asia-Pacific and Southeast Asia, including India, Thailand, Singapore, South Korea, and New Zealand, spanning multiple fields such as ERP systems, e-commerce platforms, CRM, SCM, and data analysis.

GLN also offers enterprise-level IT consulting, digital transformation strategy planning, AI solutions, and fintech systems, helping businesses make data-driven decisions, optimize IT architectures, and achieve highly flexible and efficient operational models. Now, Wiselink is leveraging GLN’s technological expertise to further enhance its layout in blockchain and digital assets, showcasing its ambition to evolve from a “zipper manufacturer” into a “technology + finance” conglomerate.

Investment in SORA: A Step into the New Blue Ocean of Bitcoin Treasury

Wiselink’s investment in SORA symbolizes a bold innovation in corporate financial thinking. SORA specializes in “Bitcoin Treasury Management” services, helping businesses convert cash reserves into Bitcoin to combat inflation risks and currency devaluation. The company recently successfully raised $10 million, becoming the first enterprise in Taiwan to officially enter the Bitcoin treasury business.

The market generally believes that this investment is not merely a financial maneuver, but also one of Wiselink’s strategies to penetrate fintech applications through GLN’s technological background. As global attention to digital assets continues to rise, companies that can proactively deploy cryptocurrency financial tools may gain an advantage in the new wave of digital transformation.

Global Corporate Cryptocurrency Trend: Bitcoin Transforms from “Speculative Asset” to “Asset Allocation”

Currently, 167 publicly listed companies worldwide hold Bitcoin, with a total holding exceeding 976,132 BTC, proving that Bitcoin is gradually becoming a part of corporate asset allocation rather than just a speculative tool.

The timing of Wiselink’s investment coincides with significant positive news from the U.S. government. U.S. Treasury Secretary Scott Bessent announced the launch of the “Strategic Bitcoin Reserve,” shaking global financial markets. This marks the first time the U.S. has clearly identified Bitcoin as a strategic asset, prompting a reassessment of the legitimacy and future potential of cryptocurrencies.

This move undoubtedly provides a regulatory and confidence guarantee for global companies to accelerate their embrace of digital assets, and Wiselink is thus viewed by the market as a pioneer in “capturing policy dividends.”

Wiselink’s Advanced Transformation: Comprehensive Layout from Physical Manufacturing to Digital Assets

Looking at Wiselink’s development trajectory, it started with a foundation in manufacturing, then acquired GLN to expand into software technology, and now is entering the realms of crypto assets and Bitcoin treasury management. This indicates that it is no longer just a traditional enterprise but is moving towards a new generation of “technology + finance + manufacturing” diversified roles.

The stock price reaction is just the beginning; if it can successfully integrate digital asset applications into physical operations or financial statements, Wiselink will have the opportunity to open a new chapter in its capital market and industry positioning.

Risk Warning

Investing in cryptocurrencies involves high risks, and their prices may fluctuate significantly. You may lose your entire principal. Please carefully assess the risks.