South Korean Bitplanet opens the first institutional Bitcoin treasury in the country, the purchase plan of BTC in the amount of 40 million, which is a new stage in corporate cryptocurrency use.
South Korea makes an ambitious entry into institutional Bitcoin. Bitplanet declared the opening of the first institutional Bitcoin treasury in the country.
The company will invest 40 million dollars in Bitcoin in the short run. This project will be a new standard in digital asset custody and management in Korea.
Source – youtube.com
The concept was presented at Bitcoin Asia 2025 by Paul Lee, who is also the co-founder of Bitplanet. The company purchased the majority interests in SGA, a CoStack-traded corporation and renamed it to Bitplanet.
This is an acquisition that opens the way to a specialized corporate BTC treasury with solid capital.
What’s Behind Bitplanet’s Strategy?
The goal of Bitplanet is to provide a Bitcoin custody solution that is equivalent to that of an institution. The company did not take advantage of leverage and invested fresh capital to achieve the investment.
This is the approach that Lee emphasized as the baseline of the financial health and agility of Bitplanet.
The new treasury attempt is an indication of South Koreans’ increasing institutional interest in crypto. The relocation of Bitplanet resembles the developments in Japan, where companies such as Metaplanet are actively acquiring BTCs.
This push means that there is a regional trend of turning to Bitcoin as a corporate reserve asset.
Asia Strategy Partners are the key stakeholders since they are the biggest shareholders in the venture. This is because their history with regard to managing the treasury may affect the asset strategy and the operating structure of Bitplanet.
The collaboration is an indicator of credibility and transparency to the institutional investors looking at the Korean market.
How the 40M BTC Purchase by Bitplanet Means a Wider Change.
The introduction of Bitplanet in South Korea comes after major announcements of crypto treasuries all over the world.
As an example, Nasdaq-traded K Wave Media raised funds amounting to 1 billion, of which the largest part was allocated to BTC. Such cases present increasing trust in Bitcoin as a secure liquid corporate reserve.
Korean blockchain companies traditionally preferred products linked to XRP. Nevertheless, the approach of Bitplanet signifies the transition to the full regulation of the integration of digital assets.
The trend follows the growing demand for resilient Bitcoin custody services in Asia, particularly with the global uptake of digital assets.
Bitplanet anticipates that it will have the BTC acquisition deployment implemented immediately with the SGA rebrand and capital injection.
It is a good indicator that the interest of Bitcoin in corporate finance is believed in the long term. South Korea is making itself a new center of institutional Bitcoin treasury solutions.
