WEMADE

🇰🇷South Korea
112040.KQ
Holding bitcoin since Sep 30, 2024

BTC Holdings

223

Total P&L
+16.77%

Total profit/loss on Bitcoin holdings

Average Cost per BTC
$93959

Average price paid for each Bitcoin

Share Price
$33200

Current trading price per share

Market Cap
$822.8M

Total market capitalization

NAV Multiple
33.62

Net Asset Value multiplier

BTC / Market Cap
2.97%

Bitcoin holdings as % of market cap

About WEMADE

WEMADE, a publicly listed company based in South Korea with the ticker 112040.KQ, stands as a prominent player in the global gaming and entertainment industry. Headquartered in a nation known for its technological innovation and vibrant digital culture, WEMADE focuses on the development and publishing of online and mobile games that captivate audiences worldwide. The company’s business model centers on creating immersive gaming experiences, leveraging cutting-edge technology to build virtual worlds and interactive platforms that resonate with diverse user bases. With a strong emphasis on intellectual property creation, WEMADE has cultivated a portfolio of original content, often integrating elements of blockchain and digital ecosystems to enhance user engagement. This approach not only drives revenue through direct game sales and in-game purchases but also fosters long-term community building within its platforms. By prioritizing innovation and adaptability, WEMADE positions itself at the forefront of the gaming sector, tapping into South Korea’s robust infrastructure for tech-driven entertainment. The company’s commitment to expanding its reach across international markets further solidifies its role as a key contributor to the global gaming landscape, blending traditional entertainment with modern digital solutions to meet evolving consumer demands. This strategic focus ensures that WEMADE remains a dynamic force, continuously exploring new avenues for growth while maintaining a strong foothold in its core competencies.

A distinguishing aspect of WEMADE’s corporate strategy lies in its forward-thinking approach to Bitcoin and digital asset integration within its treasury management framework. Recognizing the transformative potential of cryptocurrencies, the company has embraced Bitcoin as a strategic reserve asset, aligning itself with the broader trend of corporate adoption of decentralized finance solutions. This move underscores WEMADE’s commitment to diversifying its financial holdings and hedging against traditional market volatilities through exposure to digital currencies. By incorporating Bitcoin into its treasury, the company not only demonstrates confidence in the long-term viability of blockchain-based assets but also positions itself as a pioneer among South Korean firms exploring such innovative financial strategies. WEMADE’s approach involves meticulous risk assessment and a focus on aligning its digital asset holdings with overall corporate objectives, ensuring that this strategy complements its primary business operations in gaming and entertainment. This integration of Bitcoin also reflects the company’s broader vision of embracing technological advancements, mirroring the blockchain elements already present in some of its gaming platforms. Through this proactive stance, WEMADE contributes to the normalization of cryptocurrency as a legitimate component of corporate finance, setting an example for other enterprises in the region and beyond to consider similar diversification tactics.

Within the competitive landscape of the gaming and tech industries, WEMADE holds a significant position, particularly in South Korea, where it leverages the country’s status as a global hub for innovation and digital adoption. The company’s ability to blend entertainment with emerging technologies like blockchain distinguishes it from traditional gaming firms, allowing it to carve out a unique niche that appeals to tech-savvy consumers and investors alike. Its strategic adoption of Bitcoin as part of its treasury management further enhances its reputation as a forward-looking entity, willing to embrace unconventional financial tools to strengthen its corporate resilience. This dual focus on gaming excellence and financial innovation elevates WEMADE’s standing, making it a noteworthy case study in how companies can intersect entertainment with digital finance. The company’s influence extends beyond its home market, as it actively seeks to expand its footprint in the global arena, fostering partnerships and exploring new technologies to stay ahead of industry trends. By championing Bitcoin adoption at a corporate level, WEMADE also plays a pivotal role in shaping perceptions of digital assets within the business community, particularly in Asia, where regulatory and cultural attitudes toward cryptocurrencies continue to evolve. This strategic positioning not only underscores WEMADE’s adaptability but also highlights its potential to influence broader industry practices, bridging the gap between gaming, technology, and financial innovation on an international scale.

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 — Bitcoin Holdings Over Time
September 30, 2024 - Present
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WEMADE — 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
223
223
$20952857$64041$34000