Bitcoin Journal
Sora Ventures-Backed Bitplanet Reaches 300 Bitcoin, Ranks Amongst Asia’s Prime 20 Company Holders
Bitplanet Inc. has accrued 300 BTC by way of a structured buy program, positioning the South Korea-listed firm among the many high 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, certainly one of South Korea’s largest cryptocurrency exchanges.
The BTC might be held with an expert custody supplier, the corporate advised Bitcoin Journal.
Chief Govt Paul Lee mentioned Bitplanet is concentrated on greater than steadiness 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 era and money circulate over time, linking BTC treasury administration with synthetic intelligence computing initiatives.
Bitplanet mentioned it views Asia as a key driver of the subsequent section of digital asset treasury adoption and goals to place itself as a clear, institutional-grade company holder of Bitcoin.
The corporate mentioned it could increase its holdings additional, topic to market circumstances, regulatory developments, and financing availability.
Company bitcoin pressure
The agency counts a number of digital asset treasury buyers 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 web 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 most recent instance of a company bitcoin purchaser going through stress because the cryptocurrency’s worth slid from file 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 almost $3.8 billion, averaging $107,000 per coin, in keeping with knowledge 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 this moment, 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.
This publish Sora Ventures-Backed Bitplanet Reaches 300 Bitcoin, Ranks Amongst Asia’s Prime 20 Company Holders first appeared on Bitcoin Journal and is written by Micah Zimmerman.
