Korea Securities Dealers Automated Quotations (KOSDAQ) listed corporation Bitmax recently announced on the 11th that it has risen to second among domestic listed companies in Bitcoin holdings after acquiring an additional 37 Bitcoins.
With this acquisition, Bitmax's virtual asset holdings have increased to 125 Bitcoins and 500 Ethers. Currently, the corporation known to hold the most Bitcoins among domestic listed companies is Wemade.
A representative of Bitmax explained that the additional purchase was made in response to global corporations' movements to secure virtual assets. Recently, Gamestop in the United States unanimously approved a plan to incorporate Bitcoin into its corporate assets during a board meeting, resulting in a 12% surge in stock prices immediately after the announcement.
A Bitmax official said, "The global trend is moving toward maximizing asset value by positioning Bitcoin as a long-term strategic asset," and noted, "We will continue to strategically expand our virtual asset holdings moving forward."