South Korea's two largest game companies Nexon and Wemade said they would hold Bitcoin as a long-term investment

According to Edaily, two major South Korean game companies, Nexon and Wemade, have confirmed that they currently have no plans to profit from their Bitcoin holdings. Nexon has only 1,717 Bitcoins, with an average purchase price of $58,226 per coin. The company emphasized that Bitcoin is regarded as an asset equivalent to cash and has no intention of short-term transactions based on market fluctuations. Wemade holds 223 Bitcoins, but has not disclosed its average purchase price. A representative of the company clarified that the purchase of Bitcoin was purely for investment purposes and there is no plan to cash it out at present. Both companies said they intend to hold Bitcoin as a long-term investment.