Wang Feng: Blueport Interactive Strategically Holds Bitcoin, Will Disclose Tactical Reduction Progress at Appropriate Time

BlockBeats News, November 13th, Wang Feng, the founder of Blueport Interactive, stated in a post on his social media platform that Blueport Interactive's holding of Bitcoin is strategic. "We are bullish on the Bitcoin network's applications, decentralized finance, as well as encrypted assets that empower real assets and Web3 applications."

In addition, Blueport Interactive's first purchase price was $26,000, with subsequent purchases. "I was the earliest advocate for Blueport Interactive to buy Bitcoin at over $4,000, but at that time, it was very difficult for our board to execute."

Blueport Interactive will inevitably disclose the progress of a linear reduction at the appropriate time. Like encrypted assets, the market's norm is volatility, and once reduction occurs, it is tactical. To quote a great man, there is a kind of victory called retreat. If today's reduction, it is certainly for tomorrow's increase.

Finally, Wang Feng expressed long-term optimism about Bitcoin. He believes that there is a high possibility of significant growth within the year or the first quarter of next year, and is very optimistic.