Bitplanet | Crypto

Bitplanet Inc. has purchased 93 BTC and initiated a daily Bitcoin buying program, positioning the company as a first mover in Korea’s public-market adoption of BTC for corporate treasuries. The Seoul-based firm says the transaction was executed entirely through regulated and compliant infrastructure. “This transaction marks the first Bitcoin purchase by a publicly listed company […] The post Bitplanet starts daily Bitcoin accumulation with 93 BTC purchase, targets 10k BTC treasury appeared first on CryptoSlate.

Bitplanet, South Korea’s first institutional Bitcoin treasury company, has completed the full acquisition of SGA Co. Ltd. through a $50 million deal, according to a Sept. 11 statement shared with CryptoSlate. The transaction marks the conclusion of a 62% takeover of SGA by an international investor consortium, underscoring a growing push to formalize Bitcoin holdings […] The post South Korea’s Bitplanet eyes top Bitcoin 10 holder status with $50M SGA acquisition appeared first on CryptoSlate.