[Asia Economy Reporter Yoo Hyun-seok] Bident announced on the 8th that the negotiations for joint acquisition of management rights of Bithumb Holdings with Nexon Group are unfounded.


A company official stated, "After confirming some media reports, Chairman Lee Jung-hoon and individual shareholders have understood the sale details of Bithumb Holdings through KPMG," and added, "Bident plans to decide whether to sell its shares in Bithumb Holdings together in the future or to additionally acquire more shares."



Bident is the single largest shareholder, holding 10.3% direct shares of Bithumb Korea, the operator of Bithumb, and 34.24% shares of Bithumb Holdings.


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