Bitmax Logo / Provided by Bitmax
KOSDAQ-listed company Bitmax recently announced on the 11th that it has purchased an additional 37 bitcoins, ranking second among domestic listed companies in terms of bitcoin holdings.
With this purchase, Bitmax’s cryptocurrency holdings have increased to 125 bitcoins and 500 Ethereum. It is known that the company holding the most bitcoins among domestic listed companies is Wemade.
Bitmax explained that the additional purchase was made in response to the trend of global companies securing cryptocurrencies. Recently, GameStop in the U.S. unanimously approved a board resolution to include bitcoin as a strategic asset using corporate funds, and its stock price surged by 12% immediately after the announcement.
A Bitmax representative stated, “The global trend is moving towards maximizing asset value by considering bitcoin as a long-term strategic asset,” and added, “We will continue to expand our cryptocurrency holdings from a strategic perspective.”