PANews reported on November 13 that Wang Feng, founder of Linekong Interactive, posted on his X platform: "Why did Linekong Interactive buy Bitcoin and what to do next? I will give five unified answers here: 1. We hold Bitcoin strategically. We are optimistic about Bitcoin network applications, decentralized finance, and crypto assets that empower real assets and Web3 applications. 2. I am an avid believer in encryption technology and have launched Marsbit, Consensus Labs (LK 3. I am very happy that Bitcoin has reached a new level of nearly $90,000 today. Our first purchase price was $26,000, and we have continued to purchase Bitcoin since then. I first pushed Linekong to buy Bitcoin at more than $4,000, but it was difficult for our board of directors to execute it at that time. 4. We will certainly disclose the progress of linear reduction at the right time; crypto assets are like stocks, the market is always volatile, and once the reduction is tactical; if the reduction is today, it must be for tomorrow's increase. 5. We are optimistic about Bitcoin in the long term; and we are very optimistic about the possibility of substantial growth this year or in the first quarter of next year. "