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WEMADE

#85 in Public Companies 🇰🇷 South Korea 112040 wemade.com

Bitcoin Holdings

WEMADE held bitcoin since January 1, 2024.
BTC balance
223
$20.10M
Avg. cost / BTC
$93,959
Profit / Loss
-4.08%

Stock & Financials

WEMADE is trading under the ticker 112040.
Market Cap - Basic
â‚©982B
$665M
Market Cap - Diluted
N/A
Enterprise value
N/A
mNAV Basic
33.070
mNAV Diluted
N/A
mNAV EV
N/A

About WEMADE

WEMADE (112040.KQ) is a prominent South Korean public company best known for its leadership in the gaming and blockchain sectors. Founded in 2000, WEMADE has built a reputation for developing and publishing popular online games, including the globally recognized "Legend of Mir" series. In recent years, the company has expanded its focus to blockchain technology, leveraging its expertise to create innovative gaming ecosystems and digital asset platforms. This strategic pivot has positioned WEMADE as a forward-thinking player in both the entertainment and blockchain industries.

WEMADE’s approach to Bitcoin is rooted in a broader vision of integrating digital assets into its business model. By holding Bitcoin on its balance sheet, the company demonstrates confidence in Bitcoin’s long-term value proposition as both a store of value and a strategic reserve asset. This move aligns with a growing trend among tech-forward companies seeking to diversify their treasury holdings and hedge against fiat currency risks. WEMADE’s Bitcoin investment underscores its commitment to innovation and its belief in the transformative potential of blockchain technology.

As one of the few publicly traded South Korean companies with significant Bitcoin holdings, WEMADE stands out in the Asian market. Its proactive Bitcoin strategy not only enhances its financial resilience but also signals to investors and industry peers that digital assets are becoming an integral part of corporate treasury management. With a total cost basis of $20,952,857 allocated to Bitcoin, WEMADE’s market position is further strengthened by its willingness to embrace emerging financial paradigms.

Recent Developments

WEMADE has continued to actively manage and expand its Bitcoin holdings, reflecting its ongoing commitment to digital asset investment. Key recent activities include:

  • September 30, 2024: WEMADE added 223 BTC to its treasury, as disclosed in its official financial report. This acquisition highlights the company’s strategy of steadily increasing its Bitcoin reserves.
    Source: Financial Statement / Report

  • Total Cost Basis: As of the latest filings, WEMADE’s total cost basis for its Bitcoin holdings stands at $20,952,857, underscoring the scale of its commitment to Bitcoin as a treasury asset.

WEMADE’s ongoing Bitcoin acquisitions reinforce its position as a leader among South Korean public companies in the digital asset space. The company’s transparent reporting and consistent investment activity provide valuable insights into the evolving role of Bitcoin in corporate finance.

WEMADE — Bitcoin Holdings Over Time

Historical Bitcoin Holdings

Balance
Change
Total Cost Basis
Cost Basis per BTC

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Advanced Metrics

  • Advanced metrics data is sourced from contributors' submissions and various public data sources.
  • A faded value in the table means that it was carried forward from an earlier date and may be outdated.
BTC Holdings
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Basic
Fully Diluted
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Fully Diluted
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Preferred Stock
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Basic
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EV

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