CoinVoice has recently learned that Wang Feng, the founder of Blueport Interactive, stated on his X platform: "Why did Blueport Interactive buy Bitcoin and what will be the next step? I will answer five points here:"
Our holding of Bitcoin is strategic. We are optimistic about Bitcoin's network applications, decentralized finance, and empowering real assets and crypto assets aimed at Web3 applications. I am a fervent believer in cryptographic technology and have launched Marsbit, Consensus Lab (LK Venture), Mars Cloud Mining, and Element in the past five years. Since taking back the CEO position in the first quarter of last year, I have been actively promoting the integration attempts between Blueport Interactive and Web3 business. I am pleased that today Bitcoin has approached a new level of nearly $90,000, and our first purchase price was $26,000, with subsequent purchases made. I initially pushed for Blueport Interactive to buy Bitcoin when it was over $4,000, but at that time, it was difficult for our board to execute. We will inevitably disclose the progress of linear reduction at the appropriate time; crypto assets, like stocks, generally experience market fluctuations, and any reduction would be tactical; if there is a reduction today, it must be for the purpose of increasing tomorrow. We are optimistic about Bitcoin in the long term and are very optimistic about the possibility of significant growth within this year or the first quarter of next year." [Original link]