[Special Stock] Tesla's Bitcoin Purchase News Boosts Cryptocurrency-Related Stocks
Wizit 19%·Woori Technology Investment 17%↑
[Asia Economy Reporter Minji Lee] As the price of cryptocurrencies rises following Tesla's Bitcoin purchase news, related stocks are also showing an upward trend.
At 9:25 AM on the 9th, Wizit traded at 1,735 KRW, up 19% from the previous session's closing price. Other stocks also showed gains, including Woori Technology Investment (17%), HanbitSoft (12%), Vidente (10%), SBI Investment (6%), Atinum Investment (5%), SCI Evaluation Information (4.7%), and Galaxia Moneytree (3.8%).
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Currently, Bitcoin is trading at 49.4 million KRW on Bithumb, up 7.74% from the previous day. The trading volume reaches 598.8 billion KRW. The sharp rise in Bitcoin appears to be due to Tesla's recent disclosure that it purchased approximately 1.5 billion USD (about 1.67 trillion KRW) worth of Bitcoin. Tesla stated in the disclosure, "In January this year, we updated our investment policy to provide more flexibility for additional diversification and to maximize cash returns," and "We have purchased Bitcoin worth 1.5 billion USD."
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