Bitmax, a KOSDAQ-listed company, announced on the 11th that it has purchased an additional 37 Bitcoins, rising to the second-largest Bitcoin holder among domestic listed companies. Currently, the company with the largest Bitcoin holdings among domestic listed companies is Wemade.
With this purchase, Bitmax's holdings have increased to 125 Bitcoins and 500 Ethereum.
Bitmax not only ranked second in Bitcoin holdings among domestic listed companies but also ranked 14th among Asian listed companies and 48th globally, standing shoulder to shoulder with global corporations.
This move aligns with the global trend of companies securing virtual assets. GameStop in the United States unanimously approved a plan through its board of directors to include Bitcoin as a strategic asset using corporate funds, and its stock price surged 12% immediately after the announcement.
Japan's Metaplanet attracted worldwide investor attention as its stock price soared over 4000% within about a year after adopting Bitcoin as a core asset.
Following the success stories of global companies, governments and central banks worldwide are also increasing their interest in Bitcoin.
Former U.S. President Donald Trump has instructed the strategic stockpiling of virtual assets and is actively promoting pro-cryptocurrency policies.
The Czech National Bank is actively considering converting up to 5% of its total foreign exchange reserves into Bitcoin, Bhutan is mining Bitcoin on a large scale using its abundant hydropower resources and currently holds approximately $750 million worth, and El Salvador in Latin America is accelerating the strategic assetization by expanding its national Bitcoin holdings to 6,102.
A Bitmax official stated, "The global trend is moving toward making Bitcoin a long-term strategic asset to maximize asset value," adding, "We will continue to strategically expand our virtual asset holdings."
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