Bitplanet Acquires SGA for Strategic Expansion into Top 10 Bitcoin Holders

South Korea’s leading institutional Bitcoin treasury firm, Bitplanet, has taken a major step towards joining the ranks of the world’s biggest BTC holders. Through a $50 million acquisition of SGA Co. Ltd., the company aims to solidify its position in the top 10 global Bitcoin holdings arena. This strategic move follows an international investor consortium’s successful 62% equity grab, resulting in a full takeover of SGA.