Thailand’s “MicroStrategy” DV8 has named Jason Fang as its new Chief Executive Officer. This decision was made during a board meeting today, during which the resignation of the previous CEO, Kanya Chaisartitporn, was also accepted, effective August 31, 2025.
According to the official announcement, the Company Secretary, Phakkharaval Dhiravanijakula, officially reported the change to the Stock Exchange of Thailand (SET). Additionally, Jason Fang announced the news in an X post, stating, “Together, we will build Thailand’s leading Bitcoin treasury firm. Let’s go to Thailand!”
This leadership shift also includes a partnership with Chatchaval Jiaravanijakul, who owns Fortune Magazine as well as linked to the CP Group, a major business group in Southeast Asia, and will serve as Chairman. The deal also involves leaders from companies like UTXO Management, Nakamoto, Moon Inc., AsiaStrategy, Simon Gerovich, and Mythos Group, making it one of the most internationally diverse agreements in Thailand’s public market in recent years.
Fang’s new role is part of DV8’s plan to become Thailand’s top Bitcoin treasury company, similar to MicroStrategy in the U.S., which holds a large amount of Bitcoin.
MicroStrategy’s Bitcoin Holdings Influence Corporate Adoption of Cryptocurrency
Strategy’s (formerly MicroStrategy) significant involvement with Bitcoin began in August 2020 under the CEO Michael Saylor, with an initial investment of $250 million to acquire 21,454 Bitcoin. As of August 12, 2025, the company holds over 628,946 Bitcoin.
Meanwhile, the official announcement of DV8 also stressed the company’s plan to keep shareholders and investors updated. This change in leadership highlights DV8’s shift toward focusing on digital assets, using Jason Fang’s experience and the global knowledge of the new board to strengthen its position in Thailand’s changing financial market.
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