🚨 South Korea’s First Institutional Bitcoin Treasury is Here!
📢 Bitplanet, formerly SGA, is making waves in the crypto world. At Bitcoin Asia 2025, Paul Lee, Co-Founder of Lobo Ventures, announced plans to allocate $40M to Bitcoin as part of a new institutional-grade treasury strategy.
🔑 Key highlights:
▫️ Institutional-Grade Platform: Aims to be Korea’s first global institutional $BTC financial company
▫️ Strategic Acquisition: Investor consortium now owns 62% of SGA, rebranding it as Bitplanet
▫️ No Debt, Full Flexibility: $40M $BTC deployment from day one, with a streamlined financial structure
▫️ Blockchain Adoption: Building on SGA’s $BTC treasury experience with transparent, expert-driven management
📢 This move signals a bold step toward institutional crypto adoption in Asia, setting a blueprint for corporate treasury innovation.
#Bitcoin #Crypto #Blockchain #Bitplanet
https://coingape.com/bitplanet-launches-koreas-first-bitcoin-treasury-plans-40m-btc-purchase/?utm_source=bnb&utm_medium=coingape