According to Odaily Planet Daily, Edaily pointed out that South Korea's two major game companies, Nexon and Wemade, have confirmed that they currently have no plans to profit from their Bitcoin holdings.
Nexon, which has only 1,717 bitcoins and bought them at an average price of $58,226 per coin, stressed that it views bitcoin as an asset equivalent to cash and has no intention of short-term trading based on market fluctuations. Wemade holds 223 bitcoins but did not disclose its average purchase price. A representative of the company clarified that the purchase of bitcoins was purely for investment purposes and there are no current plans to cash them out. Both companies said they intend to hold bitcoin as a long-term investment.