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Wang Feng: Blueport Interactive is not a cryptocurrency treasury company, and leans more towards a grayscale mode

5 hours ago

On September 10th, Wang Feng, the founder of Blueport Interactive, tweeted, "Although I hold great respect for pioneers in cryptocurrency staking such as MicroStrategy and Bitmine, Blueport Interactive has no intention of becoming a crypto treasury company. I believe it is natural for a public company to engage in the buying and selling of cryptocurrencies. We have consolidated all our cryptocurrency-related businesses under the LK Crypto business unit. I have informed the team that instead of constantly purchasing the latest hyped-up coins as a coin-staking company, it is not a bad idea for us to prudently follow a Grayscale-like model." Before this announcement, Blueport Interactive disclosed its cryptocurrency holdings and launched Ethereum and SOLANA staking plans.
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