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Wiselink Shares Hit Record High After Bitcoin Treasury Investment

The Taiwanese-listed company surged 7.57% to NT$241.5 following a $10 million funding round in AsiaStrategy, marking its entry as the first local firm to invest in a Bitcoin treasury.

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Summary

Wiselink (8932.TWO) shares jumped 7.57% to a new all-time high of NT$241.5 after the company led a $10 million funding round in AsiaStrategy (NASDAQ: SORA). This move also establishes Wiselink as the first publicly traded company in Taiwan to allocate capital to a Bitcoin treasury.

Terms & Concepts
  • Bitcoin Treasury: Corporate strategy of holding Bitcoin as part of a company’s reserves or investment portfolio.
  • Funding Round: A financing event where investors provide capital to a company in exchange for equity or other ownership instruments.
  • All-Time High (ATH): The highest price ever reached by a security or asset since it began trading.