Bitmax, a publicly listed Korean firm, has significantly increased its Bitcoin (BTC) holdings, purchasing an additional 51.06 BTC. This acquisition brings their total BTC to 400.25. Bitmax's Bitcoin Strategy The company, initially focused on augmented reality (AR), has strategically pivoted to cryptocurrency investment. Bitmax openly aims to emulate MicroStrategy's Bitcoin-centric approach, becoming a leading holder of BTC among Korean listed companies. Korean Market and Bitcoin Investment This move reflects growing institutional interest in Bitcoin within the Korean market. Bitmax's investment strategy could encourage other Korean companies to consider Bitcoin as a treasury asset. The company announced the purchase via X. ```