![The Largest Communities on Reddit [Infographic]](https://imgproxy.divecdn.com/vfTS-YsC_ZrqM6F4tAXJgV6qj3gCHSsf2dvHufDbrrQ/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9sYXJnZXN0X3JlZGRpdF9jb21tdW5pdGllczIucG5n.webp)
![[Weekly funding roundup June 14-20] VC inflow crashes to second lowest level for the year](https://images.yourstory.com/cs/2/220356402d6d11e9aa979329348d4c3e/WeeklyFundingRoundupNewLogo1-1739546168054.jpg)
Parataxis Holdings to Create South Korea’s First Bitcoin Treasury Company
Bitcoin Magazine Parataxis Holdings to Create South Korea’s First Bitcoin Treasury Company Parataxis Holdings LLC has entered into a definitive agreement to acquire a controlling interest in South Korean biotech company Bridge Biotherapeutics, Inc. (KOSDAQ: 288330) for KRW 25 billion ($18.3 million), marking the creation of South Korea’s first institutionally backed Bitcoin treasury company. The transaction will see Bridge Biotherapeutics renamed to Parataxis Korea and continue trading […] This post Parataxis Holdings to Create South Korea’s First Bitcoin Treasury Company first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
Bitcoin Magazine
Parataxis Holdings to Create South Korea’s First Bitcoin Treasury Company
Parataxis Holdings LLC has entered into a definitive agreement to acquire a controlling interest in South Korean biotech company Bridge Biotherapeutics, Inc. (KOSDAQ: 288330) for KRW 25 billion ($18.3 million), marking the creation of South Korea’s first institutionally backed Bitcoin treasury company.
