[Featured Stock] Bitcoin Soars... Cryptocurrency-Related Stocks Also Rally
[Asia Economy Reporter Lee Seon-ae] As the price of Bitcoin continues its soaring run, cryptocurrency-related stocks are showing strength on the 11th.
As of 9:55 AM, Vidente is trading at 13,900 KRW, up 2.21% from the previous day. It surged to 14,850 KRW in early trading. Vidente directly holds a 10.3% stake in Bithumb Korea, the operator of Bithumb, the largest cryptocurrency exchange in Korea. It also holds a 34.24% stake in Bithumb Holdings, the largest shareholder of Bithumb Korea, making it the single largest shareholder in Bithumb's current ownership structure.
Wijit is also trading at 2,000 KRW, up 3.63% from the previous day.
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At one point during the day, Bitcoin was traded at 65.33 million KRW on domestic exchanges, approaching the all-time high of 65.8 million KRW.
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