The Korean listed BTC treasury company Bitplanet has purchased 93 BTC for the first time

ChainCatcher news, South Korean listed company Bitplanet executed its first purchase under its daily Bitcoin accumulation plan, acquiring 93 BTC on Sunday, which is part of the company's goal to build a stock of 10,000 Bitcoins. It has been reported that the company is supported by Metaplanet CEO Simon Gerovich, and this move is positioned as the first Bitcoin purchase by a South Korean listed company.

Bitplanet previously announced this plan at the Bitcoin Asia 2025 conference at the end of August and underwent a rebranding, reserving $40 million for future purchases. The company's co-CEO Paul Lee stated that this move provides a legitimate and prudent risk management approach to Bitcoin acquisition. The company has fully disclosed these purchases through the compliance monitoring platform of the South Korean Financial Services Commission.