South Korea’s Bitplanet Increases Bitcoin Holdings to 110.67 BTC

BitPlanet, a listed Korean firm, continues its aggressive Bitcoin accumulation technique. The corporate lately bought an extra 9BTC. Because of this, the overall quantity held as of October twenty ninth was 110.67BTC. This transfer additional strengthens BitPlanet’s place as South Korea’s first listed firm to carry Bitcoin as a nationwide treasury asset.

BitPlanet expands Bitcoin treasury

In keeping with BitPlanet’s newest announcement, the corporate acquired 9BTC for roughly 1.56 billion received (roughly $1.09 million). This buy was made at a median worth of roughly $121,478 per Bitcoin. With this newest acquisition, BitPlanet now holds a complete of 110.67 BTC (value roughly $13.11 million). BitPlanet’s continued purchases mirror the corporate’s long-term technique to develop into South Korea’s main company Bitcoin holder.

The corporate’s common buy price is at present round $118,765 per Bitcoin. This reveals the corporate’s constant method to dollar-cost averaging. A method geared toward decreasing volatility danger over time. BitPlanet executives described the transfer as one other step in constructing a “BTC monetary powerhouse” in South Korea. The corporate continues to buy Bitcoin regardless of market fluctuations. This reveals that companies are more and more counting on digital property as a part of monetary administration.

From IT providers to the chief in Bitcoin finance

BitPlanet’s transformation is likely one of the most spectacular company turning factors within the area this yr. Previously often called SGA Co., Ltd., the corporate operated within the areas of cybersecurity, embedded software program, and community infrastructure. Nonetheless, in September 2025, it rebranded to Bitplanet and shifted its total enterprise mannequin to a Bitcoin-centric technique.

This transition adopted BitPlanet’s acquisition of SGA Co., Ltd. The result’s a historic first for South Korea, a public firm redefining itself round Bitcoin reserves. Moreover, the corporate plans to build up as much as 10,000 BTC over time. An preliminary pool of $40 million was earmarked for this aim. In the end, business consultants see this daring change as a turning level in company cryptocurrency adoption in South Korea. This reveals that digital property are starting to be seen as a official element of economic technique.

A regulated and clear method

BitPlanet Bitcoin purchases are made by licensed home cryptocurrency exchanges. It’s supervised by the Monetary Companies Fee of Korea (FSC). The corporate emphasizes its dedication to working inside a strict regulatory framework. BitPlanet can be making ready for the following Digital Asset Primary Regulation. Full implementation is anticipated to happen in 2027.

By responding early to those future requirements. The corporate due to this fact goals to set an instance of how conventional companies can responsibly combine digital property into their operations. Moreover, this compliance-first method has garnered assist from distinguished buyers and companions. These embody Simon Gerovich of Metaplanet and enterprise agency Sora Ventures. Their involvement will increase the credibility of BitPlanet’s long-term plans. This offers buyers peace of thoughts in regards to the firm’s transparency.

Company adoption of Bitcoin positive aspects momentum

BitPlanet’s technique might pave the best way for different Korean corporations to think about Bitcoin as a part of their stability sheets. Analysts imagine the corporate’s constant and compliant funding method might encourage broader company adoption in Asia. The corporate continues to broaden its holdings. BitPlanet positions itself not solely as a expertise innovator. However additionally it is a pioneer in digital finance. Its ever-growing Bitcoin property reveal a transparent perception in the way forward for decentralized property. Mixed with a want to steer by instance in one of many world’s most tech-savvy economies.