Bitplanet Inc. is making waves in the Asian digital asset landscape, becoming the first publicly listed company in Korea to strategically integrate Bitcoin into its corporate treasury. This pioneering move signals a significant step towards mainstream institutional adoption of digital assets within regulated frameworks across the region.
Pioneering Corporate Bitcoin Adoption
Bitplanet Inc., a Seoul-based firm, has announced its landmark entry into the Bitcoin treasury space with an initial purchase of 93 BTC. More significantly, the company has launched a daily Bitcoin buying program, positioning itself as a trailblazer in Korea's public market for corporate BTC adoption. This initiative is particularly notable as it was executed entirely through regulated and compliant infrastructure, aiming to establish a new benchmark for transparent and institutional-grade Bitcoin integration across Asia. This strategic approach emphasizes a rules-based, long-term commitment to daily accumulation rather than a speculative, one-off transaction.
Ambitious Treasury Goals and Strategic Funding
Bitplanet’s vision extends far beyond its initial acquisition. The company has laid out an ambitious roadmap to accumulate a 10,000 BTC treasury over time, formalizing Bitcoin as a core strategic reserve asset and mitigating timing risk through its daily purchase program. To bolster this long-term accumulation strategy and enhance its balance sheet flexibility, Bitplanet recently secured $40 million in fresh capital. Formerly known as SGA Inc., Bitplanet proudly identifies as Korea's first KOSDAQ-listed institutional Bitcoin treasury company, leveraging its IT services foundation to champion compliant risk management and financial engineering in the corporate adoption of Bitcoin.
