[Asia Economy Reporter Ji Yeon-jin] WIZIT, a Bitcoin-related stock, surged to the price limit from the early trading session on the 9th.
At 10:12 AM on the same day, WIZIT was trading at 1,890 KRW, up 435 KRW (29.9%) from the previous day. WIZIT is considered a Bitcoin-related stock as it has Omnitel, a mobile commerce company, as its subsidiary.
Earlier, U.S. electric vehicle company Tesla announced that it had purchased Bitcoin worth approximately $1.5 billion. Tesla stated that this move was to diversify cash revenue sources and maximize profits, and also mentioned plans to accept Bitcoin as a payment method for Tesla vehicles in the future.
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