WiseLink becomes first Taiwan-listed firm to back Bitcoin treasury strategy

Taiwan-listed WiseLink has become the first publicly traded company in the country to adopt a Bitcoin treasury strategy, Decrypt reported. The company led a $10 million fundraising round for Nasdaq-listed Top Win International, a Hong Kong luxury watch trader expanding into digital assets. Top Win plans to use the funds mainly to purchase Bitcoin and invest in Bitcoin-focused listed firms, but will not operate as an investment company. “We believe now is the golden window to implement a Bitcoin capital strategy,” said WiseLink CEO Tsai Kun Huang.