An international consortium led by Solaventures, UTXO Management and Cliff Capital met with Bangkok's Thai Prime Minister Tak Cincinnawatra to promote Thailand's role as a Bitcoin hub across ASEAN.
The meeting brought together executives from AsiaStrategy (NASDAQ: SORA), Nakamoto, Moon Inc. and Kliff Capital. Thaksin is currently exploring Malaysian Prime Minister and Prime Minister of ASEAN Affairs to explore positioning at the regional digital asset reserve development centre.
The consortium is based on models already tested in Japan through Asian strategic versions (previously micro-strategic) and metaplanet, often described.
As reported, Metaplanet pivoted a portion of the Treasury to Bitcoin in 2024, and Solaventure, as a core backer, caused a rapid valuation gain that validated the structured bitcoin allocation of corporate reserves. This approach has since evolved into what SORA called “MicroStrategy 2.0.” This is a strategy that combines direct holdings and structured yield products aimed at both institutional and retail investors. The model was first outlined in Consensus Hong Kong earlier this year.
The Bangkok meeting will accelerate the expansion of the entire Asian open market as AsiaStrategy, created from a merger with SORA Ventures' top victory registered with NASDAQ. The group has implemented acquisitions of listed companies in Thailand and South Korea, positioning them as vehicles deployed by the Bitcoin Ministry of Finance.
In July, the consortium completed a tender offer for DV8, a tielisted company. It raised approximately $241 million ($7.4 million) and completed an almost complete warrant participation that supports pivots into digital asset strategies. Around the same time, the group acquired South Korean SGA Co. for around $25 million, extending its presence outside of Thailand.
The Bangkok discussion focused on aligning these Corporate Treasury initiatives with national policy. Thaksin emphasized that Bitcoin-based digital asset reserves can strengthen Thailand's long-term financial stability, promote financial inclusion, and attract international capital under a regulated framework.
His involvement combines ASEAN-level policy ambitions with digital asset strategies given his advisory role with the Malaysian government. The consortium argues that by integrating Bitcoin into a sovereign-style financial strategy, it can create resilience and modernization pathways for the economy of Southeast Asia, a region of over 680 million people.
ASEAN's ten member countries collectively represent an economy of over $3.8 trillion, highlighting the reserve size that Bitcoin financial strategy can take advantage of.
ASIASTRATEGY serves as the listed investment platform, giving the consortium a public market presence that allows access to international capital flows. AsiaStrategy is also experimenting with integrating Bitcoin payments into retail subsidiaries.
The strategy is modelled on a financial shift that previously increased Metaplanet's valuation by several thousand percent in Japan, showing how Bitcoin allocations become a driver of stock performance. In the case of DV8, cash reserves increased 38% after pivoting, but yields per share increased by 13%.
Supporters argue that this shows how the structured Bitcoin Treasury Department can deliver measurable shareholder benefits to suit the broader state-level ambitions. Metaplanet and its allies view such a move as both corporate finance innovation and strategic positioning of the national economy.
The Bangkok Initiative is the first step towards formal alignment between Thailand's political leadership and the consortium of the Ministry of Digital Assets and Treasury.
For investors, the parallel development of corporate vehicles such as DV8 and public platforms such as ASIASTRAGEY presents a pathway for exposure to Bitcoin as a strategic reserve asset within a regulated market.
Thailand can leverage its clarity of foreign capital and domestic regulations to establish itself as the central hub of ASEAN for the Ministry of Digital Assets and Treasury. The meeting with Thaksin has formalised political support for this agenda and positioned the consortium to incorporate Bitcoin strategies into corporate and national finance across the region.
