Bitmax, a privately owned US company founded in 1998, provides broadcast professional services. Employing approximately 80 people, the company's operations center around licensing and distributing premium video-on-demand (VOD), subscription video-on-demand (SVOD), advertisement-based video-on-demand (AVOD), and transactional video-on-demand (TVOD) content. In 2024, Bitmax reported revenues of approximately $10 million.
Bitmax, a KOSDAQ-listed South Korean company, significantly increased its Bitcoin holdings. This occurred in a series of acquisitions, culminating in a total of 300.08 BTC. The most recent purchase, announced on an unspecified date, involved 49.06 additional Bitcoins, making Bitmax the largest institutional Bitcoin holder in South Korea. These acquisitions reflect a broader trend of institutional investors globally embracing digital assets. The strategic move positions Bitmax as a leader in South Korea's evolving cryptocurrency landscape.
Bitmax offers 3 products in the media tech industry. Bitmax's product portfolio comprises of media managed services.
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Bitmax's revenues were less than $25M in 2024. Caretta Research has split Bitmax's revenue into 3 different product categories, the largest of which is localisation and access services. For full access to Bitmax's revenue breakdown subscribe to Caretta Portal.
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