Bitplanet Launches $40M Bitcoin Accumulation Plan Amid Corporate Rebrand

**Bitcoin: Bitplanet Becomes South Korea’s First Publicly Traded Company to Add Bitcoin to Corporate Reserves**

In a move signaling the start of a new era for South Korean finance, Bitplanet has become the country’s first publicly traded firm to add Bitcoin to its corporate reserves. The company confirmed the purchase of 93 BTC, marking the opening stage of a far larger plan to integrate Bitcoin into its treasury operations.

This initial acquisition, valued in the millions, is only the first step in what the firm describes as an “ongoing daily accumulation program”—a strategy that will eventually see Bitplanet holding up to 10,000 BTC. The plan is supported by Metaplanet CEO Simon Gerovich and Sora Ventures, both recognized for their expertise in institutional crypto expansion.

### From Cybersecurity Roots to Digital Treasury Pioneer

Bitplanet’s transformation is striking. Once known as SGA Co., a company specializing in cybersecurity and IT infrastructure, it has rebranded and shifted its focus toward building a Bitcoin-focused financial model. The firm says this evolution is part of a long-term vision designed to modernize its corporate structure and adapt to the realities of a digital economy.

According to Co-CEO Paul Lee, the transition was not a sudden pivot but a carefully executed strategy built on transparency and risk control.

“Our treasury plan operates under the same financial oversight expected of any listed company,” Lee said, adding that all transactions are conducted through systems monitored by the Financial Services Commission (FSC). He also revealed that the company had quietly begun its purchasing phase two weeks before the public disclosure, testing operational systems and reporting mechanisms.

### Timing the Market and the Law

Bitplanet’s timing may prove fortuitous. Bitcoin markets have recently rebounded from a wave of futures liquidations that shook investor confidence earlier this month. Institutional inflows into Bitcoin ETFs—which topped $446 million in new capital—have renewed optimism that corporate adoption is gaining momentum again.

Domestically, South Korea’s new Digital Assets Law, enacted in June 2025, is reshaping how companies account for cryptocurrencies on their balance sheets. The legislation will become fully enforceable by 2027, introducing standardized reporting frameworks for publicly traded firms.

Lee says Bitplanet is already adhering to these standards early.

“We wanted to set an example that regulatory alignment is not a burden—it’s an advantage,” he noted, explaining that the firm’s proactive stance aims to build investor trust and avoid future compliance complications.

### Why Bitcoin, and Why Now?

For Bitplanet, the move into Bitcoin isn’t about speculation alone. The firm views BTC as a long-term strategic reserve—a hedge against inflation, monetary instability, and declining real yields in traditional markets.

Executives describe the initiative as a multi-year corporate restructuring effort that could inspire a broader trend among Asian-listed companies. The firm’s leadership has openly stated its ambition to become South Korea’s “Bitcoin treasury trailblazer,” echoing the strategy that made MicroStrategy a household name in global crypto finance.

With $40 million in new funding allocated to support the plan, Bitplanet’s Bitcoin accumulation will continue steadily, leveraging transparent, daily purchases disclosed through FSC-verified reporting systems.

### The Broader Implications

Analysts say Bitplanet’s strategy could reshape how South Korean corporations approach digital assets in the years ahead. The combination of regulatory clarity, institutional partnerships, and corporate participation could make South Korea a new focal point for Asia’s Bitcoin adoption wave.

If Bitplanet succeeds in reaching its 10,000 BTC goal, it will not only set a record for corporate holdings in the country but also position South Korea as one of the most progressive jurisdictions in integrating Bitcoin into traditional finance.

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*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*

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**About the Author**

Alexander Zdravkov is a writer who always looks for the logic behind things. Fluent in German, he has over three years of experience in the crypto space, skillfully identifying emerging trends in digital currencies. Whether providing in-depth analysis or daily reports, his deep understanding and enthusiasm make him a valuable member of the team.

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Bitplanet Launches $40M Bitcoin Accumulation Plan Amid Corporate Rebrand