Bitmax Becomes Korea’s Leading Bitcoin-Holding Public Company, Pioneering Global Asset Reallocation Trend
Bitmax, a publicly listed company in South Korea, is strengthening its Bitcoin treasury strategy by continuing to accumulate the cryptocurrency.
The company recently purchased an additional 20.76 BTC, bringing its total holdings to 251.02 BTC—solidifying its position as the largest Bitcoin-holding publicly traded firm in Korea.
Bitmax previously announced that approximately $29 million of the $36 million to be raised through its fourth convertible bond (CB) issuance, scheduled for payment on June 20, would be allocated to additional Bitcoin purchases. This marks the most aggressive cryptocurrency investment strategy among Korean listed companies and is seen as aligning with the moves of global institutional investors and public corporations.
Globally, a shift in asset management strategies is accelerating. As of the first week of June, assets under management (AUM) in cryptocurrency-related funds reached a record high of $167 billion.
Major global firms such as Japan’s Metaplanet and the U.S.-based MicroStrategy have adopted the Bitcoin treasury strategy in earnest, holding tens of thousands of BTC. These bold moves have contributed to significant surges in their stock prices.
According to international data, more than 80 companies worldwide currently hold Bitcoin as part of their treasury assets, collectively owning approximately 3.4% of the total Bitcoin supply. The total value of corporate Bitcoin holdings is expected to expand into the hundreds of billions of dollars in the coming years.
Market sentiment toward Bitcoin remains strong. More than 50,000 people attended the recent “Bitcoin 2025 Conference” in Las Vegas, where several high-profile politicians referred to Bitcoin as “the asset of the future.”
In South Korea, discussions are reportedly underway among policymakers about including Bitcoin in the nation’s foreign exchange reserves, reflecting a broader institutional shift toward the formalization of digital assets.
An industry official stated, “Amid growing global economic uncertainty, Bitmax’s strategic investment in Bitcoin can be seen as a proactive move. As institutional and governmental demand continues to grow, this could lead to an increase in the company’s share price and overall corporate value.”
