Close Menu
    Trending
    • Joe Root stranded on 99 but England level ODI series with win over India
    • World Cup Final Preparations Clouded As Spain Practices Through New Jersey Smoke
    • Tuchel ‘100 per cent’ committed to England in wake of World Cup exit
    • Footage Emerges Showing the Moment Canadian Illegal Alien Viciously Assaults Pro-Trump Teenager in New Jersey and Calmly Walks Away (VIDEO)
    • Trump Media to sell fast feed of key posts to Wall Street
    • Market Talk – July 16, 2026
    • Ilhan Omar renews push for US to join ICC amid Trump pressure | Courts News
    • Reds sign Chase Burns to historic new deal
    FreshUsNews
    • Home
    • World News
    • Latest News
      • World Economy
      • Opinions
    • Politics
    • Crypto
      • Blockchain
      • Ethereum
    • US News
    • Sports
      • Sports Trends
      • eSports
      • Cricket
      • Formula 1
      • NBA
      • Football
    • More
      • Finance
      • Health
      • Mindful Wellness
      • Weight Loss
      • Tech
      • Tech Analysis
      • Tech Updates
    FreshUsNews
    Home » Bitplanet Hits 300 Bitcoin, Joining Asia’s Top 20 Holders
    Bitcoin News

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

    FreshUsNewsBy FreshUsNewsFebruary 28, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bitplanet Inc. has accrued 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, certainly one of South Korea’s largest cryptocurrency exchanges. 

    The BTC shall be held with knowledgeable custody supplier, the corporate advised Bitcoin Journal.

    Chief Government Paul Lee stated Bitplanet is targeted on greater than stability sheet publicity. “We aren’t merely accumulating Bitcoin,” Lee stated in a press release. He added that the corporate plans to discover operational methods that might 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 part of digital asset treasury adoption and goals to place itself as a clear, institutional-grade company holder of Bitcoin. 

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

    Company bitcoin pressure

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

    Metaplanet did publish a web 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 going through stress 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 information 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. 

    As we speak, Bitcoin (BTC) is buying and selling close to $65,000, drifting decrease from mid‑week highs close to $70,000 amid persistent promoting stress throughout crypto markets.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThis retro-inspired handheld comes with Banjo-Kazooie and Battletoads built in
    Next Article Ethereum Reclaims $2,000 as ETF Inflows and Upgrade Roadmap Boost Momentum
    FreshUsNews
    • Website

    Related Posts

    Bitcoin News

    Breez Partners With Turnkey To Bring Non-Custodial Bitcoin To Backend-Run Apps

    July 16, 2026
    Bitcoin News

    Bitcoin To $40,000? If History’s Anything To Go By, It’s Possible, Says Report

    July 16, 2026
    Bitcoin News

    VerifiedX and BitGo Sign MOU to Deliver Qualified Custody for vBTC, Expanding Institutional Access to Native Bitcoin Utility, and with Immediate Support for Non-Synthetic Canonical on Base

    July 15, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Worldcoin Drops 10% Even As Sam Altman Doubles Down On Human ID Tech

    April 18, 2026

    Strategy Could See $2.8B In Outflows If Indices Exclude MSTR

    November 21, 2025

    President Peña to Join Global Mobility and Motorsport Leaders as Paraguay Hosts Upcoming FIA American Congress

    August 16, 2025

    Days After Announcing Mass Layoffs, Xbox CEO Asha Sharma Tapped To Advise The Federal Reserve On Jobs

    July 10, 2026

    IPL 2026: Fans go berserk as Vaibhav Sooryavanshi and Dhruv Jurel power Rajasthan Royals to extend unbeaten run against RCB

    April 10, 2026
    Categories
    • Bitcoin News
    • Blockchain
    • Cricket
    • eSports
    • Ethereum
    • Finance
    • Football
    • Formula 1
    • Healthy Habits
    • Latest News
    • Mindful Wellness
    • NBA
    • Opinions
    • Politics
    • Sports
    • Sports Trends
    • Tech Analysis
    • Tech News
    • Tech Updates
    • US News
    • Weight Loss
    • World Economy
    • World News
    Most Popular

    Joe Root stranded on 99 but England level ODI series with win over India

    July 17, 2026

    World Cup Final Preparations Clouded As Spain Practices Through New Jersey Smoke

    July 17, 2026

    Tuchel ‘100 per cent’ committed to England in wake of World Cup exit

    July 17, 2026

    Footage Emerges Showing the Moment Canadian Illegal Alien Viciously Assaults Pro-Trump Teenager in New Jersey and Calmly Walks Away (VIDEO)

    July 16, 2026

    Trump Media to sell fast feed of key posts to Wall Street

    July 16, 2026

    Market Talk – July 16, 2026

    July 16, 2026

    Ilhan Omar renews push for US to join ICC amid Trump pressure | Courts News

    July 16, 2026
    Our Picks

    Why MSCI’s Upcoming Decision On Bitcoin Treasury Companies Matters

    January 3, 2026

    Lido’s market share shrinks as stETH struggles with depegging

    July 27, 2025

    Crypto Firm Zerohash Is Seeking US National Trust Bank Charter

    March 4, 2026

    Shipping an L1 zkEVM #1: Realtime Proving

    April 20, 2026

    The Fed Still Doesn’t Understand Where Inflation Comes From

    July 16, 2026

    Report, result and goals as Blaugrana cruise to routine win

    September 21, 2025

    Minnesota Gov. Tim Walz ends reelection bid amid child-care fraud scandal

    January 5, 2026
    Categories
    • Bitcoin News
    • Blockchain
    • Cricket
    • eSports
    • Ethereum
    • Finance
    • Football
    • Formula 1
    • Healthy Habits
    • Latest News
    • Mindful Wellness
    • NBA
    • Opinions
    • Politics
    • Sports
    • Sports Trends
    • Tech Analysis
    • Tech News
    • Tech Updates
    • US News
    • Weight Loss
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Freshusnews.com All Rights Reserved.

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