South Korea’s Bitplanet Kicks Off 10,000 BTC Treasury With First Purchase
Yahoo Finance·2025-10-27 17:43
South Korea’s publicly listed Bitplanet has executed its inaugural Bitcoin purchase, acquiring 93 BTC on Sunday as the opening salvo of an ambitious daily accumulation strategy targeting 10,000 BTC. The Bitcoin treasury company, backed by Metaplanet CEO Simon Gerovich and venture capital firm Sora Ventures, is positioning this program as the first Bitcoin acquisition by a public Korean firm through regulated infrastructure. According to a Yahoo Finance report, the company revealed during Bitcoin Asia 202 ...