Hold onto your digital wallets, folks! South Korea’s crypto circus ringmaster, Bithumb, just announced a corporate makeover that would make even the most dramatic reality TV star jealous — all set to be wrapped up by July 31, 2025. 💅
They’re spinning off their non-exchange businesses into a fresh, shiny new puppy called “Bithumb A.” Why? Because mixing crypto chaos with everything else is like juggling flaming swords while riding a unicycle — sure, it’s impressive, but also a great way to lose fingers and credibility. This split is their crafty plan to dodge haters and crank up efficiency before they strut their stuff on the IPO catwalk, either in Korea or Nasdaq’s glitzy Broadway.
Oh, and did I mention last year they raked in $110 million in net profit? That’s a mind-blowing 560% jump from the year before — basically turning crypto chaos into cold, hard cash faster than you can say “blockchain.” 🤑
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2025-04-22 10:40