Wang Feng: Linekong Interactive is not a crypto treasury company, but prefers the grayscale model

Wang Feng, founder of Linekong Interactive, posted on the X platform that while he greatly respects crypto-stock enthusiasts like MicroStrategy and Bitmine, Linekong Interactive does not aspire to be a crypto treasury company. "I believe it's natural for a public company to buy and sell cryptocurrencies," Wang wrote. "We've consolidated all our cryptocurrency operations within the LK Crypto business unit. I told the team that a steady Grayscale model is better than a crypto-stock company that constantly buys and sells." Earlier, Linekong Interactive announced its cryptocurrency holdings and launched staking programs for Ethereum and SOLANA.