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

by Catatonic Times
February 27, 2026
in Bitcoin
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Bitplanet Inc. has collected 300 BTC by way of a structured buy program, positioning the South Korea-listed firm among the many prime 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, one among South Korea’s largest cryptocurrency exchanges. 

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

Chief Government Paul Lee mentioned Bitplanet is targeted on greater than stability sheet publicity. “We aren’t merely accumulating Bitcoin,” Lee mentioned in a press release. 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 mentioned 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 mentioned 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 traders 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 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 newest instance of a company bitcoin purchaser going through stress because the cryptocurrency’s worth slid from report 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 Technique.

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 mentioned it plans to buy $1 billion in BTC inside six months, backed by a $200 million preliminary dedication from regional companions. 

Right now, 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.

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Tags: AsiasBitcoinBitplanetHitsHoldersJoiningtop
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