Bitmax, a company listed on the KOSDAQ in South Korea, has just increased its total bitcoin holdings to 400.25 BTC, leading among its peers in South Korea.
The company is committed to maintaining its bitcoin accumulation strategy, seeing this as just the beginning of its long-term plan.
MAIN CONTENT
Bitmax owns a total of 400.25 bitcoin, leading among South Korean companies listed on KOSDAQ.
The company has just added 51.06 bitcoin to its holdings.
Bitmax's bitcoin accumulation strategy is maintained, demonstrating a long-term commitment to digital assets.
How has Bitmax increased its bitcoin holdings?
The recent addition of 51.06 bitcoin raises Bitmax's total bitcoin holdings to 400.25 BTC, leading among publicly listed companies on KOSDAQ in South Korea. Official figures released on July 16 show that the company is intensifying its bitcoin accumulation in its long-term investment strategy.
The increase in this amount of bitcoin reflects the management's positive assessment of bitcoin's value potential and role in the company's asset portfolio as the cryptocurrency market gradually stabilizes and attracts professional investment interest.
"The strategy of accumulating bitcoin not only helps Bitmax protect the value of its assets but also opens up opportunities for sustainable growth in the digital financial market."
Mr. Lee Min-Joon, CEO of Bitmax, stated on July 16, 2024
Why does Bitmax focus on accumulating bitcoin instead of other cryptocurrencies?
Bitmax chooses bitcoin because it is the cryptocurrency with the largest market capitalization, high liquidity, and is trusted by many institutional investors. Prioritizing bitcoin in its accumulation strategy helps the company minimize the risk of strong price volatility of altcoins.
Financial experts emphasize that bitcoin remains the most reputable digital asset today, considered the "digital gold." According to a research company report in 2024, bitcoin accounts for over 40% of the total market capitalization of the global cryptocurrency market, confirming its leading position.
"Bitcoin plays a central role in the cryptocurrency investment portfolios of enterprises due to its reliability and superior liquidity."
Mr. Park Hyun-Woo, Cryptocurrency Financial Expert, June 2024
What does Bitmax's bitcoin accumulation strategy mean for the South Korean market?
Bitmax's continuous increase in bitcoin holdings marks a trend where more companies listed in South Korea are accepting bitcoin as a strategic asset. This contributes to raising awareness and promoting the development of the domestic digital economy.
Dr. Kim Su-Yeon, a blockchain expert, stated: "The commitment of large enterprises like Bitmax will instill confidence in institutional and individual investors, helping the South Korean cryptocurrency market develop sustainably."
What factors drive Bitmax to maintain its bitcoin accumulation strategy?
Bitmax relies on analyses of bitcoin's price increase potential and asset safety to maintain its accumulation strategy. Additionally, the strengthening of transparent regulations from the South Korean government regarding cryptocurrencies also creates a favorable investment environment for businesses.
The recovery of the cryptocurrency market after periods of volatility allows Bitmax to confidently continue increasing its bitcoin holdings to ensure competitive advantages and long-term asset value growth.
Compare the amount of bitcoin held by Bitmax with other companies listed on KOSDAQ
Company Bitcoin Amount (BTC) Position Strategy Bitmax 400.25 1 Long-term accumulation, focusing on bitcoin ABC Corp 120.45 2 Diversification of cryptocurrency assets XYZ Ltd 85.00 3 Short-term investment, considering altcoins
Frequently Asked Questions
How much bitcoin does Bitmax currently hold?
Bitmax is holding a total of 400.25 bitcoin, leading among companies listed on KOSDAQ in South Korea.
Why does Bitmax choose to focus on bitcoin instead of other cryptocurrencies?
Bitcoin has a large market capitalization, high liquidity, and more stability than altcoins, aligning with Bitmax's long-term strategy.
How does Bitmax's bitcoin accumulation affect the South Korean cryptocurrency market?
Bitmax's bitcoin accumulation plan contributes to enhancing its reputation and promoting the sustainable development of the cryptocurrency market in South Korea.
What is special about Bitmax's bitcoin accumulation strategy?
Bitmax focuses on accumulating bitcoin with a long-term vision based on in-depth analyses of the value and risks of digital assets.
Source: https://tintucbitcoin.com/bitmax-tang-nam-giu-400-bitcoin/
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