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South Korea's Bitplanet is set to establish a Bitcoin Treasury company, planning to purchase $40 million worth of Bitcoin.

2025-08-28 10:41

BlockBeats News, August 28, according to Bitcoin Magazine, Paul Lee, Co-Founder and Managing Partner of Lobo Ventures, stated at the BITCOIN ASIA 2025 conference that Bitplanet will establish a Bitcoin treasury company, planning to purchase $40 million worth of Bitcoin. As a result, Bitplanet will become South Korea's first global institutional Bitcoin financial company.

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