Bitplanet Launches $40 Million Bitcoin Reserve in South Korea, Signaling Institutional Adoption

Bitplanet, a publicly listed Korean company, has taken a significant step forward in establishing Bitcoin adoption within its country’s financial market. The firm announced the launch of a 10,000 BTC reserve strategy through an initial purchase of 93 BTC, marking South Korea’s first regulated Bitcoin treasury acquisition by a public company. This move signifies a new era of institutional investment in Bitcoin and will likely influence broader market activity.