The Bitcoin reserve strategy is booming in Asia
Currently, public companies are holding over 777,000 BTC, valued at nearly 80.6 billion USD. Notably, South Korea is actively participating in this trend, promoting the development of cryptocurrency in the business sector.
From bold moves to enhance cryptocurrency reserves to establishing Bitcoin funds to protect asset value, the concept of BTC reserves among corporations is becoming a prominent industry trend.
Parataxis acquires Bridge Bio to establish a Bitcoin reserve unit in South Korea
In a breakthrough strategy, Parataxis Holdings acquired control of the biotechnology company Bridge Bio for 18.5 million USD. After the deal, Bridge Bio will be renamed Parataxis Korea and operate as a specialized Bitcoin reserve company.
The official announcement confirms this as a historic turning point, the first time a major company in South Korea is pursuing an official BTC reserve strategy.
Inspired by MicroStrategy's Bitcoin strategy
Parataxis follows in the footsteps of MicroStrategy, a leading business holding a large amount of Bitcoin. The leadership team, especially Michael Saylor, owns over 592,100 BTC, worth over 61.4 billion USD.
Mr. Andrew Kim, a partner at Parataxis, shared that this strategy is driven by success stories like MicroStrategy and Metaplanet in Asia, which holds 10,000 BTC. Bitcoin is seen as a long-term tool to optimize shareholder value and develop the national economy.
The acceptance of Bitcoin by businesses in South Korea is accelerating
Although cryptocurrency regulations in South Korea are quite strict, such as banning spot Bitcoin ETFs, significant progress in corporate Bitcoin acceptance is clearly taking place:
The 2025 pilot program allows 3,500 companies to open verified cryptocurrency accounts.
Lawmakers are pushing to expand the spot Bitcoin ETF and government-backed stablecoin funds next year.
CEO Edward Chin of Parataxis emphasized that the Bitcoin strategy aims to benefit both investors and the national economy.
The largest public companies holding Bitcoin
The list of businesses holding the most Bitcoin includes:
MicroStrategy – 592,100 BTC (nearly 61.4 billion USD)
Marathon Digital – 16,930 BTC
Riot Platforms – 8,872 BTC
Metaplanet (Japan) – 10,000 BTC
Boyaa Interactive (Hong Kong) and DDC Enterprise (China) also hold large Bitcoin reserves.
The importance of corporate Bitcoin reserve strategy
South Korea's promotion of Bitcoin reserve businesses not only opens up long-term financial growth potential but also encourages broader acceptance trends across Asia. Parataxis Korea could become a new Bitcoin powerhouse, encouraging other businesses to enhance their reliability and financial strategies based on cryptocurrency.
Source: https://tintucbitcoin.com/cong-ty-kho-bac-bitcoin-han-quoc-ra-mat/
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