KOSDAQ-listed technology firm Parataxis Ethereum has expanded its cryptocurrency portfolio, purchasing an additional 398 $ETH, according to a report by Hans Kyungjae. The acquisition brings the company’s total Ethereum holdings to 9,399 $ETH, underscoring a continued institutional accumulation trend among publicly traded firms in South Korea.

Details of the Acquisition

The latest purchase adds to Parataxis Ethereum’s already substantial position in the second-largest cryptocurrency by market capitalization. At current market prices, 398 $ETH is valued at approximately $1.3 million, though the exact purchase price and timing of the transaction were not disclosed in the initial report. The company’s total holdings of 9,399 $ETH…