Bitcoin News

Story: Korea’s Bitplanet Begins Bitcoin Treasury Plan With 93 BTC Purchase

By Steven Anderson

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Backed by Metaplanet and Sora Ventures. Bitplanet’s Bitcoin accumulation strategy follows the model popularized by Metaplanet, a…

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Bitcoin Market Strengthens Amid Macro Tailwinds. Bitplanet’s move comes at a time when Bitcoin is regaining market strength following a volatile…

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From Legacy Tech to Bitcoin Treasury. Bitplanet’s transformation marks a dramatic pivot from its roots as a legacy IT and cybersecurity…

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Regulatory Outlook: Preparing for Korea’s Digital Asset Law. South Korea’s Digital Asset Basic Act (DABA), introduced in June 2025, is set to take effect in…

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Building Asia’s Bitcoin Treasury Ecosystem. Bitplanet’s move adds momentum to a growing wave of Asian public firms accumulating Bitcoin as a…

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South Korea’s publicly listed company Bitplanet has officially begun its daily Bitcoin accumulation plan, marking a historic step as the first Korean public firm to buy Bitcoin…

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According to Bitplanet, the purchases are being conducted through a regulated and compliant infrastructure, ensuring transparency and alignment with Korea’s financial oversight…

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Bitplanet’s Bitcoin accumulation strategy follows the model popularized by Metaplanet, a Tokyo-listed firm that recently became one of the top five public Bitcoin holders globally.

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The firm is also backed by Sora Ventures, a digital asset investment company actively building a network of Bitcoin-treasury-focused firms across Asia.

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Bitplanet’s co-CEO Paul Lee explained that the initiative represents “legitimate and prudent risk management” for the company’s long-term capital allocation.

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The rally was supported by softer U.S. inflation data, which has fueled speculation that the Federal Reserve could cut interest rates as early as December.

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In addition, Bitcoin and Ethereum ETFs have seen strong capital inflows — reversing previous outflows — with over $600 million entering the market in the past week.

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Analysts believe this renewed liquidity, coupled with institutional adoption by firms like Bitplanet, may help sustain Bitcoin’s current upward momentum.

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In August 2025, Bitplanet announced a rebrand and strategic shift from IT services to Bitcoin treasury management, backed by new institutional investors.

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Aside from its operational pivot, Bitplanet has overhauled its governance and compliance systems, aligning with Korea’s evolving crypto regulatory framework.

The Currency Analytics

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