Korean Listed Companies Also Accumulate Bitcoin… Holdings Approach ₩1 Trillion

YM Lee

Summary

Reports indicate that cases of domestic listed companies holding Bitcoin are increasing.
The scale of Bitcoin holdings is about ₩1 trillion, and many of the companies involved are in the IT and gaming industries.
With active discussions on the clarity of virtual asset regulations, such as the proposal of the Digital Asset Basic Act, the development of the industry is expected to accelerate.

With the global wave of Bitcoin (BTC) adoption, it appears that an increasing number of domestic companies are holding Bitcoin.

According to Bitcoin Treasuries data on the 18th, the Bitcoin held by domestic listed companies amounts to approximately ₩1 trillion (678.34BTC), with many of the holders being IT and gaming companies such as BitMax, Wemade, Neowiz, Netmarble, Celltrion, and Danal.

Since the introduction of spot Bitcoin ETFs last year, discussions regarding the clarity of virtual asset regulations have been actively ongoing in Korea. Recently, with the proposal of the Digital Asset Basic Act, it is anticipated that the industry will develop at a faster pace based on clearer regulations.

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