South Korean -based Bitelanetthe country’s first corporate Bitcoin 
$113,098.30 announced that it would form its treasure. The company announced that it provides fresh capital of $ 40 million to create a Bitcoin treasury and reported that funds will be completely directed to BTC purchase.
40 million dollars of Bitcoin purchase plan
Bitcoin Asia 2025 Speaking at his event, Lobo Ventures Founding Partner and Manager Partner Paul LeeBitplanet’s establishment process explained. Lee said that the investor consortium had recently purchased 62 percent of SGA, which was recently traded on Costack, and seized the control of the board of directors. Within two weeks, the company will be re -branded under the name of Bitplanet and over 40 million dollars of resources Bitcoin He said he would be transferred to his purchases.
Lee stressed that the process was carried out with a completely debt -free financial structure. He stated that this approach gives the company flexibility and provides a strong foundation that is far from the risk of leverage on the way to growth. He also underlined that the resources will be commissioned immediately on the launch day.
Bitcoin Treasury Race in South Korea won speed
Bitplanet’s announcement in South Korea increased corporate crypto currency He was the last ring of his interest. Traded in Nasdaq in July K Wave MediaAnnounced a Bitcoin Treasury plan of $ 1 billion and signed a $ 500 million financing agreement. At least 80 percent of the fund was allocated to Bitcoin purchases.
Some blockchain companies in the country in the past XRP Although it is concentrated on linked products, Bitplanet’s initiative reveals that the orientation of Bitcoin solutions has increased. Also based in Japan in Asia Metaplanet Similarly, he announced his plan to expand Bitcoin purchases through an international export of $ 881 million.
According to experts, more and more companies in Asia are in their corporate treasures reserve money as positioning. Bitplanet’s output strengthens the potential of making South Korea a new center in adopting corporate Bitcoin.
Cryptoappsy According to data, Bitcoin increased by 2.06 percent in the last 24 hours more than $ 103,000. The price of the biggest crypto money was traded for $ 103,088 at the time of the news.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
