South Korean Firm Bitplanet Acquires 93 BTC in $40M Treasury Strategy
Bitplanet, a South Korean publicly traded company, has purchased 93 Bitcoin as part of a $40 million accumulation plan targeting up to 10,000 BTC. The firm, formerly known as SGA Co., has rebranded and shifted focus from cybersecurity to building a Bitcoin-focused treasury model. The initiative is supported by Metaplanet CEO Simon Gerovich and Sora Ventures.

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