TechFlow news, October 15 — Parataxis Holdings LLC today announced significant operational progress by its South Korean subsidiary, Parataxis Korea (KOSDAQ: 288330). As South Korea's first institutionally supported listed Bitcoin reserve and mining platform, Parataxis Korea completed its transformation from Bridge Biotherapeutics in August 2025 and accumulated over 150 bitcoins during Bitcoin's pullback in September. The company has also secured 10 billion KRW (approximately $7 million) in funding backed by institutional investors from South Korea and the United States, and announced plans to acquire 1,150 ASIC mining rigs to build a vertically integrated Bitcoin yield platform, aiming to achieve positive cash flow by fiscal year 2026.
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