South Korean listed company Bitmax increased its holdings by 56.0445 bitcoins, bringing its total holdings to over 500.

Odaily Planet Daily reported that Bitmax, a South Korean KOSDAQ-listed company, announced that it has increased its holdings of 56.0445 bitcoins, bringing its total holdings to 500.123, ranking first in Bitcoin holdings among South Korean listed companies. The company stated that it will continue to adhere to its strategy of accumulating bitcoins.

It is reported that Bitmax is a listed company focusing on the development of augmented reality technology, providing AR software development tools and sensor fusion positioning solutions, while incorporating Bitcoin into its financial reserves.