Tag: transformation

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Bitplanet Launches $40M Bitcoin Accumulation Plan Amid Corporate Rebrand

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The post Bitplanet Launches $40M Bitcocom. Bitcoin In a move that signals 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. The 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 being supported by Metaplanet CEO Simon Gerovich and Sora Ventures, both known for their work 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 now rebranded and shifted its focus toward building a Bitcoin-focused financial model. The firm says this evolution is part of a long-term vision to modernize its corporate structure and adapt to the realities of a digital economy. For the past month, @Bitplanet_KR has been quietly building the most reliable and compliant Bitcoin treasury infrastructure in Korea culminating in becoming the first public company to purchase Bitcoin directly through a licensed domestic crypto exchange. As of October 26,. pic. twitter. com/hEmpvh9fUL Bitplanet Inc. (@Bitplanet_KR) October 26, 2025 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,” he said, adding that all transactions are conducted through systems monitored by the Financial Services Commission (FSC). Lee also revealed that the company had already begun its purchasing phase quietly, testing operational systems and reporting mechanisms for two weeks before.

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Tom Lee: “Ethereum Will Fli,p Bitcoin, Here’s Why”

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The post Tom Lee: “Ethereum Will Fli, p Bitcoin, Here’s Why” appeared com. Fundstrat Global Advisors co-founder Tom Lee made some noteworthy statements on ARK Invest’s FYI Podcast, hosted by Cathie Wood. Lee stated that Ethereum could surpass Bitcoin in the coming period (flippening), likening this process to Wall Street’s dominance of the dollar over gold in 1971: “Ethereum could overtake Bitcoin in the same way Wall Street overtook gold after 1971. When the dollar came off the gold standard, Wall Street created the financial products that would dominate this new era. By 2025, everything will be tokenized, and Ethereum will be the foundation of this new era.” Lee stated that he predicts the total value of the cryptocurrency ecosystem will reach $25 trillion by 2030, with most of that value held by Bitcoin. However, he also stated that Ethereum could become the new center of Wall Street innovation with the development of tokenization and smart contract-based financial products. Recalling that US President Richard Nixon’s removal of the country from the gold standard in 1971 ushered in a period in which the dollar became a “synthetic” currency, Lee stated that Wall Street turned this change into an advantage in those years: During that time, Wall Street launched 14 new financial products, from money market funds to mortgages. This doubled the dollar’s share of global reserves in just a few years. Lee argued that a similar transformation will occur by 2025, with the tokenization of the dollar and other assets on the blockchain creating a major opportunity for Ethereum. “Bitcoin is digital gold,” he said. “But in the world of tokenized assets, Ethereum will take over the role of the dollar and financial products. Therefore, Ethereum could overtake Bitcoin just as Wall Street overtook gold.” Despite all these considerations, Lee stated that he is optimistic about Bitcoin and argued that the fair value of.