Odaily News Wang Feng, the founder of Linekong Interactive, recalled in an article today that in 2019 he proposed that the company invest $20 million to buy Bitcoin (the price was less than $6,000 per coin at the time), but was strongly opposed by board members and a major shareholder representative and threatened to sue. It was not until early 2023, after Wang Feng resumed his position as CEO, that the company began to implement the Bitcoin investment plan, but at that time the price of Bitcoin had risen to $26,000 per coin. MicroStrategy only began to purchase Bitcoin on a large scale in 2020, and if Linekong Interactive could implement the investment plan in 2019, it would likely make considerable profits. According to Wang Feng, in 2019, its listed companies and affiliated companies had about 500 million yuan in cash.