{"id":177402,"date":"2025-10-27T18:00:09","date_gmt":"2025-10-27T16:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=177402"},"modified":"2025-10-27T14:53:00","modified_gmt":"2025-10-27T12:53:00","slug":"first-korean-corporation-joins-the-bitcoin-race-with-bold-accumulation-plan","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/first-korean-corporation-joins-the-bitcoin-race-with-bold-accumulation-plan\/","title":{"rendered":"First Korean Corporation Joins the Bitcoin Race With Bold Accumulation Plan"},"content":{"rendered":"

The publicly listed Bitplanet has begun<\/a><\/strong> a daily Bitcoin purchasing program, marking the first time a Korean firm has openly added the asset to its balance sheet.<\/p>\n

The company, backed by Metaplanet\u2019s Simon Gerovich, started its campaign with the purchase of 93 BTC, signaling the start of a long-term effort to reach 10,000 BTC. Co-CEO Paul Lee called<\/a><\/strong> the approach a measured step toward integrating Bitcoin into corporate finance, emphasizing that every transaction is being logged through national compliance systems.<\/p>\n

Bitplanet\u2019s transformation has been months in the making. Originally an IT and cybersecurity provider under SGA Co., Ltd., the firm rebranded in August during Bitcoin Asia 2025, revealing a $40 million budget for crypto accumulation. The pivot, supported by Sora Ventures and other institutional players, aims to establish a network of Bitcoin-treasury companies across Asia.<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
\n

Strategy\u2019s Bold Bitcoin Play: Hundreds of BTC Added This Week<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

This bold move comes amid a renewed rally in the crypto market. After a turbulent start to October that erased billions in leveraged positions, Bitcoin has bounced back above $115,000, helped by expectations of a U.S. rate cut and rising inflows into Bitcoin and Ethereum ETFs.<\/p>\n

Bitplanet, listed on KOSDAQ (049470), remains financially sound with roughly $55 million in annual revenue and $3.4 million in profit, giving it a stable footing for its new direction. The company is also preparing for South Korea\u2019s upcoming Digital Asset Basic Act, expected in 2027, which will formalize corporate rules for token holdings.<\/p>\n

Lee said Bitplanet is already aligning with the law\u2019s anticipated standards to ensure a seamless transition once the framework is in place.<\/p>\n","protected":false},"excerpt":{"rendered":"

South Korea has entered a new phase of Bitcoin adoption.<\/p>\n","protected":false},"author":9,"featured_media":30708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424,271],"coin_category":[],"class_list":["post-177402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto","tag-ethereum"],"acf":[],"yoast_head":"\nFirst Korean Corporation Joins the Bitcoin Race With Bold Accumulation Plan<\/title>\n<meta name=\"description\" content=\"South Korea has entered a new phase of Bitcoin adoption.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/first-korean-corporation-joins-the-bitcoin-race-with-bold-accumulation-plan\/\" 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