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

200 BTC

Insufficient history

Stock Price

476.00 KRW

180d

Total financing

5.00B KRW

Insufficient history

mNAV

2.12x

180d

Leverage

0.0%

180d

BTC Credit

0 bps>10x

Sats/Share

213

180d

Mkt capFD

44.71B KRW

SharesFD

93.94M

Fiat reserve

21.55B KRW

Total reserve

42.61B KRW

Dilution

7.2%

Analytics

In-the-Money

0% ITM

OTM: 5B KRW

Maturity Profile

Conv

Nearest: 2.2yrWAM: 2.2yr

BTC Coverage

Capital Stack

>10x · 0 bps

ConvertiblePreferredOtherBTC NAV: $14.2M

BTC Risk

0.00% avg

P(BTC Rating < 1x at maturity) · 45% vol, 30% ARR

BTC Credit

0 bps avg

Credit spread to offset BTC Risk · 45% vol, 30% ARR

Cumulative Financing Cost

Redemptions

Financials

IFRSQuarterlyAs of 2025-09-30

Balance Sheet

Total Assets55.6B KRW▲27.1%

Total Liabilities7.2B KRW▲57.3%

Stockholders' Equity48.4B KRW▲23.6%

Cash & Equivalents21.6B KRW▼18.8%

Total Debt4.5B KRW▲125.7%

Digital Assets—

Income Statement

Revenue—

Operating Income-3.4B KRW▲26.1%

Net Income-3.5B KRW▲23.5%

Interest Expense—

Cash Flow

Operating Cash Flow-2B KRW▲50.8%

Instruments

Total

5.00B KRW

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	>10x
Total				5.00B KRW

Recent Changes

Mon, Feb 9, 2026

BTC Holdings

150→200+50 BTC(+33.3%)

BTC Holdings Tracker