Parataxis Korea buys an additional 50 bitcoin… holdings surpass 200

Source

Uk Jin

Summary

Parataxis Korea announced it has purchased an additional 50 bitcoin, bringing its total holdings to more than 200.
Parataxis Korea said it holds cryptoassets as corporate assets and is executing a bitcoin treasury strategy.
Parataxis Korea is a Kosdaq-listed company, and said Parataxis Holdings acquired management control in December last year.

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Bitcoin holdings surpass 200

Digital-asset treasury company Parataxis Korea announced on the 6th that it has purchased an additional 50 bitcoin (BTC).

On the 6th, Kosdaq-listed Parataxis Korea said it acquired an additional 50 BTC as part of its bitcoin treasury strategy. With the latest purchase, Parataxis Korea’s bitcoin holdings have now surpassed 200.

Parataxis Korea is a treasury company that holds cryptoassets as corporate assets. The company said it provides an alternative that allows institutional investors to gain indirect exposure to cryptoassets.

Parataxis Korea listed on the Kosdaq market in 2019. In December last year, cryptoasset investment firm Parataxis Holdings acquired management control. It subsequently changed its name from Bridge Biotherapeutics to its current name.

Reporter Choi Han-jong onebell@hankyung.com

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