Bitplanet Becomes the First Public Korean Company to Accumulate Bitcoin Daily as a Treasury Asset

South Korean technology company Bitplanet, currently listed on KOSDAQ, has officially announced the launch of its daily Bitcoin accumulation program as part of a broader strategy to strengthen its financial balance sheet and diversify corporate assets.
This initiative makes Bitplanet one of the first publicly traded companies in Korea to adopt Bitcoin as a strategic treasury reserve asset.

Initial Step: 93 BTC Acquired in the First Transaction

In its official statement, Bitplanet revealed that it purchased 93 Bitcoin (BTC) last Sunday as the initial phase of the daily accumulation program.
The program is designed to position Bitcoin as a long-term strategic reserve within the company’s financial portfolio.

This transaction also marks the first-ever Bitcoin purchase by a public company in South Korea conducted through a fully regulated crypto infrastructure — a major milestone in integrating digital assets into the country’s institutional financial system.

Ambitious Target: 10,000 BTC Treasury Reserve

Bitplanet aims to build a reserve of up to 10,000 BTC over the coming years.
To support this plan, the company has raised US$40 million in fresh capital, which will be deployed gradually through its daily purchase strategy.

Bitplanet’s Co-CEO, Paul Lee, described this approach as a form of “legitimate and prudent risk management,” noting that purchasing small amounts each day helps mitigate timing risk in a highly volatile market.

Favorable Market Momentum

Bitplanet’s move comes amid a global Bitcoin price rally.
Over the past week, Bitcoin has risen by approximately 6.7%, reaching around US$115,200, according to data from CoinGecko, driven by growing capital inflows into spot Bitcoin ETFs and rising optimism among institutional investors.

This favorable market environment provides the perfect timing for Bitplanet to solidify its position as South Korea’s first public company to incorporate Bitcoin into its long-term financial strategy.

A Signal to the Market and Regulators

Bitplanet’s decision is viewed as a strong signal that Asian corporations particularly in South Korea, are beginning to embrace institutional-level adoption of crypto assets.
This move also aligns with the government’s more accommodative stance toward the digital asset industry, especially ahead of the Digital Asset Basic Act expected to take effect in South Korea soon. However, analysts continue to caution against inherent risks, including Bitcoin’s high volatility, regulatory uncertainty, and operational challenges in managing digital treasury assets amid an unstable global market landscape.

Bitplanet’s initiative could serve as a new model for publicly listed companies that view Bitcoin not merely as a speculative investment, but as an integral component of corporate financial management. If successful, this approach could encourage more Korean and Asian companies to reconsider the role of digital assets within their balance sheets. By launching its 93 BTC purchase and setting a target to accumulate up to 10,000 BTC, Bitplanet underscores its ambition to become a pioneer of institutional Bitcoin adoption in South Korea. This strategy reflects a major paradigm shift in the corporate world’s perception of digital assets, from speculative trading instruments to strategic tools for financial diversification and long-term value preservation.