Bitplanet Starts Daily Bitcoin Purchase Program with 93 BTC Acquisition

Bitplanet Starts Daily Bitcoin Purchase Program with 93 BTC Acquisition

Bitplanet has raised its Bitcoin reserve to nearly 120 BTC, maintaining its regulated daily accumulation strategy toward a 10,000 BTC goal before South Korea’s new digital asset law takes effect.

BTC

Fact Check
The statement is strongly supported by a clear consensus across multiple, high-authority sources. Several outlets with high relevance and credibility, including a major financial news source (Yahoo Finance) and a reputable cryptocurrency-focused site (Decrypt), directly and explicitly confirm that Bitplanet initiated its treasury program by purchasing exactly 93 BTC. Another source, a news aggregator for the crypto market, corroborates this specific detail. Furthermore, several other credible sources confirm the broader context, reporting on Bitplanet's launch of South Korea's first institutional Bitcoin treasury and its plan to purchase tens of millions of dollars worth of Bitcoin. While these sources do not all mention the specific 93 BTC figure, they fully support the existence of the purchase program mentioned in the statement, adding significant weight to its credibility. There is no conflicting evidence among the relevant sources provided; the information is entirely consistent. The high number of independent, reputable sources reporting the same facts makes the statement very likely to be true.
Summary

Bitplanet purchased 9 BTC on October 30, 2025, increasing its total holdings to 119.67 BTC. This expansion is part of South Korea’s first regulated daily Bitcoin accumulation program, backed by $40 million in funds, aiming to build a 10,000 BTC corporate reserve before the Digital Asset Basic Act becomes law.

Terms & Concepts
  • Bitcoin Treasury: A reserve of Bitcoin held by a company or institution as part of its asset management or investment strategy.
  • BTC: The ticker symbol for Bitcoin, the world's largest cryptocurrency by market capitalization.
  • Crypto Accumulation Plan: A strategy to regularly purchase digital assets over time to build holdings incrementally.