WEMADE

πŸ‡°πŸ‡·South Korea
112040.KQ
Holding bitcoin since Sep 30, 2024
Website

BTC Holdings

223

Total P&L
+25.59%

Total profit/loss on Bitcoin holdings

Average Cost per BTC
$93,959

Average price paid for each Bitcoin

Share Price
$32,400

Current trading price per share

Market Cap
$820.3M

Total market capitalization

NAV Multiple
30.771

Net Asset Value multiplier

BTC / Market Cap
3.25%

Bitcoin holdings as % of market cap

About WEMADE
Wemade Co., Ltd., listed on the Kosdaq with the ticker 112040.KQ, is a prominent South Korean gaming and blockchain company headquartered in Seongnam. Founded in 2000 by Park Kwan-ho, it gained recognition for developing the Legend of Mir series and other online games. Its business model emphasizes creating immersive digital experiences through game development and blockchain integration, generating revenue from intellectual property licensing, in-game economies, and platform services. Core operations include publishing titles like MIR4, Night Crows, and Legend of YMIR, alongside operating the WEMIX ecosystem for blockchain-based gaming and asset management.
Wemade adopts a Bitcoin treasury strategy, holding Bitcoin as a strategic reserve asset to diversify its financial portfolio and enhance resilience. This approach began in late 2024, reflecting its view of Bitcoin as a store of value within corporate finance. Beyond treasury management, the company pursues a broader digital asset strategy through the WEMIX platform, enabling seamless transfer and utilization of digital assets in gaming, finance, and daily applications, fostering innovation in decentralized economies.
Led by CEO Henry Chang, a key figure in blockchain gaming, Wemade maintains a strong industry presence as a leader in South Korea's gaming sector and a pioneer in Web3 technologies, with partnerships like NVIDIA for AI integrations. Its commitment to blending entertainment with blockchain positions it as an influential player globally. By advancing digital asset ecosystems and sustainable gaming models, Wemade ensures long-term relevance in the evolving intersection of technology and finance.

Recent Developments

  • Sep 30, 2024: Bitcoin holdings increased by 223.00 BTC to 223 BTC with cost basis of $21M (BTC @ $64K), stock price $34000.00
WEMADE β€” Bitcoin Holdings Over Time
September 30, 2024 - Present
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WEMADE β€” Stock vs BTC Dynamics
September 30, 2024 - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Sep 30, 2024
β‚Ώ223
223
$21M$64,041$34,000