Parataxis Korea, Inc.
288330🇰🇷Leveraged
Formerly Bridge Biotherapeutics, Parataxis Korea became South Korea's first institutionally-backed public Bitcoin treasury company in August 2025 after Parataxis Holdings acquired a controlling stake. The company accumulates BTC through equity financing rounds and plans to integrate Bitcoin mining operations.
BTC Holdings
216.609 BTC
180d
Stock PriceUpdated Apr 7, 2026 06:32 UTC
416.00 KRW▲ 0.00%
180d
Total financing
20.44B KRW
180d
mNAV
1.95x▲ 0.12%
180d
Leverage
71.6%
180d
BTC Risk
3.77%1.4x
Sats/Share
193
180d
Mkt capFD
46.77B KRW
SharesFD
112.42M
Fiat reserve
3.28B KRW
Total reserve
27.25B KRW
Dilution
6.0%
Coverage
21257.5 yr
Analytics
BTC Coverage
FinancialsUnverified
IFRSQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets63.8B KRW
Total Liabilities22.2B KRW
Stockholders' Equity41.6B KRW
Cash & Equivalents3.3B KRW
Total Debt—
Digital Assets29.6B KRW
Income Statement
Revenue319.2M KRW
Operating Income-2.1B KRW▲1.6%
Net Income-2.6B KRW▲85.8%
Interest Expense—
Cash Flow
Operating Cash Flow—
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| 288330-CB1 | Jul '25 – Jul '28 | 0% | 5.00B KRW | 5.00B KRW | 789.00 KRW | 1.4x |
| Total | 5.00B KRW | |||||
Recent Changes
Tue, Mar 31, 2026
BTC Holdings
200→216.609+16.609 BTC(+8.3%)
206 BTC pledged as USDT loan collateral. Q1 acquisitions: 19.95 BTC OTC + 6.43 BTC mining; 3.0096 BTC disposed via sales / network fees.
Quarterly Report (분기보고서) — period ending 2026.03.31Fiat Reserve
20.21B→3.28B-16.93B(-83.8%)KRW
Quarterly Report (분기보고서) — period ending 2026.03.31
Mon, Feb 9, 2026
BTC Holdings
193.193→200+6.807 BTC(+3.5%)
BTC Holdings Tracker
Wed, Dec 31, 2025
BTC Holdings
150→193.193+43.193 BTC(+28.8%)
155 BTC pledged as collateral for KestrelX USDT loan
Annual Report 2025 (사업보고서)Shares Outstanding
87.6M→106.1M+18.5M(+21.1%)
Common shares only (preferred net 1,862 excluded; treasury 3,294)
Annual Report 2025 (사업보고서)Debt OutstandingIssuance288330-Dec26
10.3M
Face USD-equivalent at year-end; FVTPL carrying value KRW 14,932,993,322
Annual Report 2025 (사업보고서)Fiat Reserve
21.56B→20.21B-1.34B(-6.2%)KRW
Annual Report 2025 (사업보고서)