Close Menu
    Trending
    • Ethereum MEV Bot ‘Jaredfromsubway.eth’ $7.5M Exploit Analysis
    • Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft
    • 75% of BlackRock IBIT ETF Buyers Were TradFi Virgins: Now They’re Buying SPX Funds
    • Is Now the Ideal Time to Buy ETH? Analysts See a Path to $5K But There’s a Catch
    • CZ Proposes Freezing Satoshi’s Bitcoin Amid Quantum Computing Debate
    • Morgan Stanley’s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight
    • BlackRock’s 1,000 BTC Exit Leaves Bitcoin Clinging to $60K Support
    • LAB Nears Top 20 Alts After 25% Surge, BTC Price Taps $64K: Weekend Watch
    CryptoGate
    • Home
    • Bitcoin News
    • Cryptocurrency
    • Crypto Market Trends
    • Altcoins
    • Ethereum
    • Blockchain
    • en
      • en
      • fr
      • de
      • it
      • ja
    CryptoGate
    Home»Bitcoin News»Bitplanet Hits 300 Bitcoin, Joining Asia’s Top 20 Holders
    Bitcoin News

    Bitplanet Hits 300 Bitcoin, Joining Asia’s Top 20 Holders

    CryptoGateBy CryptoGateFebruary 28, 2026No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bitplanet Inc. has gathered 300 BTC via a structured buy program, positioning the South Korea-listed firm among the many high 20 company Bitcoin holders in Asia.

    The corporate, backed by Sora Ventures, started constructing its BTC treasury within the fourth quarter of 2025. Its most up-to-date purchases had been carried out in phases between Feb. 23 and Feb. 26 through Upbit, considered one of South Korea’s largest cryptocurrency exchanges. 

    The BTC can be held with an expert custody supplier, the corporate informed Bitcoin Journal.

    Chief Government Paul Lee stated Bitplanet is concentrated on greater than stability sheet publicity. “We aren’t merely accumulating Bitcoin,” Lee stated in an announcement. He added that the corporate plans to discover operational methods that would contribute to income technology and money movement over time, linking BTC treasury administration with synthetic intelligence computing initiatives.

    Bitplanet stated it views Asia as a key driver of the subsequent section of digital asset treasury adoption and goals to place itself as a clear, institutional-grade company holder of Bitcoin. 

    The corporate stated it could broaden its holdings additional, topic to market circumstances, regulatory developments, and financing availability.

    Company bitcoin pressure

    The agency counts a number of digital asset treasury traders amongst its backers, together with Simon Gerovich of Metaplanet, in addition to AsiaStrategy, UTXO Administration, KCGI, Kingsway Capital, and ParaFi Capital.

    Metaplanet did submit a internet lack of 95 billion yen ($619 million) for fiscal 2025, pushed by a 102.2 billion yen ($665.8 million) valuation decline on its bitcoin holdings. 

    The disclosure marks the most recent instance of a company bitcoin purchaser dealing with strain because the cryptocurrency’s worth slid from record highs in October.

    The corporate closed the 12 months with 35,102 BTC, valued at roughly $2.4 billion, making Metaplanet the fourth-largest public company BTC holder globally, behind Strategy.

    Because it started accumulating BTC 21 months in the past, Metaplanet has spent practically $3.8 billion, averaging $107,000 per coin, in response to knowledge from two weeks in the past.

    Final quarter, when Sora Ventures unveiled its plans at Taipei Blockchain Week, the agency stated it plans to buy $1 billion in BTC inside six months, backed by a $200 million preliminary dedication from regional companions. 

    At this time, Bitcoin (BTC) is buying and selling close to $65,000, drifting decrease from mid‑week highs close to $70,000 amid persistent promoting strain throughout crypto markets.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoGate
    • Website
    • Pinterest

    Related Posts

    75% of BlackRock IBIT ETF Buyers Were TradFi Virgins: Now They’re Buying SPX Funds

    June 21, 2026

    BlackRock’s 1,000 BTC Exit Leaves Bitcoin Clinging to $60K Support

    June 21, 2026

    Algorand Will Unveil Full Quantum Resistance Plan By End of Year

    June 21, 2026

    Here’s How Fidelity Funds Are Getting Ahead of GENIUS Act

    June 21, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    What’s Next for BTC After 7% Weekly Decline to Under $90K?

    January 24, 2026

    Solana Will ‘Flip’ Ethereum, Says Skybridge Capital’s Scaramucci

    December 12, 2025

    Bitcoin Price Stays About $115,000 As Spain’s Banking Giant BBVA Partners With Binance To Provide Custody

    August 9, 2025

    Crypto Market Movers, Wallet Trends & ETF Momentum – Daily Recap

    December 6, 2025

    Grantee Roundup: April 2021 | Ethereum Foundation Blog

    November 12, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    About us

    Welcome to cryptogate.info — your trusted gateway to the latest and most reliable news in the world of cryptocurrency. Whether you’re a seasoned trader, a blockchain enthusiast, or just curious about the future of digital finance, we’re here to keep you informed and ahead of the curve.

    At cryptogate.info, we are passionate about delivering timely, accurate, and insightful updates on everything crypto — from market trends, new coin launches, and regulatory developments to expert analysis and educational content. Our mission is to empower you with knowledge that helps you navigate the fast-paced and ever-evolving crypto landscape with confidence.

    Top Insights

    3 Big Hyperliquid News You Might Have Missed This Week

    March 24, 2026

    Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario

    March 14, 2026

    Predictions For The Final Days Of The Year

    December 25, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    YouTube
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Impressum
    • About us
    • Contact us
    Copyright © 2025 CryptoGate All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.