AsiaStrategy agreed to sell its 7.07% stake in Thailand-listed Astra Enterprise to two insider-linked buyers for a total of $10 million. The buyers only need to pay 20% each within one month, totaling $2 million by September 15, while becoming legal owners at closing. The remaining $8 million is deferred for up to a year with no collateral, guarantee or escrow protecting shareholders. AsiaStrategy had valued the stake at $17.62 million as of December 31, 2025, well above the selling price, and no independent valuation or fairness opinion was obtained. The deals must close before the October 15 lapse deadline, with the initial $2 million payment due September 15.
Source: Read the original article
