South Korean publicly listed company Bitplanet has initiated a daily Bitcoin accumulation plan, purchasing an additional 93 BTC last week On October 27th, the publicly listed company Bitplanet in South Korea launched its first daily Bitcoin accumulation plan. The goal is to build a long-term treasury reserve by holding Bitcoin. The company added 93 BTC to its holdings last Sunday and plans to use the previously raised $40 million to establish a corporate treasury of approximately 10,000 BTC. Reports show that South Korea will implement the “Digital Assets Basic Law” in June 2025 and is expected to become fully effective by 2027, setting unified standards for token issuance, custody, and corporate holdings. Bitplanet stated that the company is operating in accordance with the strict guidance of the Financial Services Commission to ensure a smooth transition and has actively prepared to meet future regulatory requirements. (Decrypt)
