KOSDAQ-listed Bitplanet adds 35 BTC, bringing total holdings to 300

KOSDAQ-listed company Bitplanet announced today that it has purchased an additional 35 BTC, increasing its total holdings to 300 BTC. According to Newsis, the purchase was executed by transferring USDT held with an existing custodian to the South Korean exchange Upbit and then converting it to BTC. This transaction marks the first time a publicly traded company in South Korea has successfully bought BTC through Upbit. Bitplanet, formerly known as SGA, began acquiring Bitcoin after securing an investment from crypto venture capital firm Sora Ventures.