Wang Feng: Linekong Interactive is not a crypto treasury company, but prefers the grayscale model

According to Odaily Planet Daily, Wang Feng, founder of Linekong Interactive, posted on the X platform that although he highly respects cryptocurrency stock investors such as MicroStrategy and Bitmine, Linekong Interactive does not want to become a crypto treasury company.

Wang Feng wrote, "I believe it's natural for a public company to buy and sell cryptocurrencies. We've integrated all of our cryptocurrency businesses into the LK Crypto business unit. I told the team that it's better for us to follow the Grayscale model rather than being a cryptocurrency stock company that constantly buys and sells."

According to previous news, Bluehole Interactive announced its cryptocurrency holdings and launched the Ethereum and SOLANA staking plan.