South Korean companies step up BTC holdings amid crypto optimism

South Korean companies are accelerating their Bitcoin (BTC) accumulation amid rising expectations for global crypto adoption and the U.S. government’s plan to establish strategic crypto reserves, according to Munhwa Ilbo. Publicly listed firms in South Korea currently hold a combined 679.34 BTC, worth approximately 98.9 billion won (around $72 million). Major holders include crypto exchange Bitmax (251 BTC), blockchain gaming firm Wemade (223 BTC), online game company Neowiz (123 BTC), messaging giant Kakao (39 BTC), biopharmaceutical company Celltrion (18.05 BTC), payment firm Danal (17 BTC) and mobile game developer Netmarble (8.29 BTC).