While BLACKPINK fans are in complete turmoil as they wait for news regarding the girl group's fate with their contract renewal, another KPOP giant has decided to renew their contracts, which gave their fans a sigh of relief.

According to reports, all seven members of BTS have decided that they will be continuing their journey with BIGHIT Music, a label operated by HYBE Corporation.

 "The board of BigHit Music all agreed to renew the exclusive contracts of BTS members RM, Jin, Suga, J-Hope, Jimin, V, and Jungkook," BIGHIT Music announced in a press release.

This is much-awaited news for BTS' fans, who have been waiting anxiously to hear about the KPOP boy group's decision, especially since they are currently on hiatus to accommodate the members' mandatory enlistments.

They are expected to reunite by 2025, and the announcement also noted that the group might have signed contracts that will go beyond 2025.

"The members who are currently serving in the military will have completed their military duty by the start of the renewed exclusive contract period in 2025."

BTS' ARMY Rejoice at Contract Renewal News

When the news hit online, BTS fans, who are called ARMY, took to X, formerly known as Twitter, to share their excitement and celebrate the milestone, as this is the second time all the KPOP idols have decided to renew their contracts with BIGHIT Music.

"BTS is here to stay!" A fan wrote happily.

"Well, looks like BTS isn't going anywhere anytime soon. Time to start planning your fan meetings for the next decade!"

"No group can rival BTS currently. They're a whole wave," another added.

"YES WE WON," a fan wrote.

READ MORE: BTS V Overworked? KPOP Star Scores Big With Debut Album 'Layover,' But Recalls Feeling 'Burnt Out, Exhausted'

BTS on Hiatus

According to reports, BTS is currently on hiatus and is expected to return after all seven members complete their military enlistment.

So far, there are two members who are currently in enlistment: Jin and J-Hope; Suga is gearing up to enlist soon as well.

Meanwhile, the other members, RM, Jimin, V, and Jungkook, are enjoying their much-needed rest, and pursuing solo endeavors.

Jimin released his debut album "Face" in March, while V just dropped his debut album "Layover" earlier this month.

Fans are eagerly waiting for Jungkook's debut album, which is rumored to be slated for a November release. RM, on the other hand, is also working on solo music on the side.

READ ALSO: BLACKPINK 2nd Girl Group to Win Best Group Award at MTV VMA Following TLC

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