
Bitcoin Consortium Targets Thai Public Firm in Treasury Strategy Push
A consortium of Bitcoin-native investors is acquiring DV8, a Thai-listed firm primarily engaged in retail and consumer electronics distribution, in a bid to expand the Bitcoin treasury model into Southeast Asia's public markets. The consortium intends to acquire “at least 75%” of DV8’s registered capital through a Voluntary Tender Offer, according to a press statement shared with Decrypt. A notice of intent was published by the Stock Exchange of Thailand on Thursday. The group is led by backers of Metaplanet Inc., the Tokyo-listed firm that has adopted Bitcoin as its primary treasury asset. Consortium members include UTXO Management, Sora Ventures,…








