Bitplanet Daily Bitcoin Reserve Plan Dey Find 10,000 BTC
Bitplanet wey dey KOSDAQ don launch one regulated Bitcoin reserve strategy wey get daily accumulation plan, dem buy 93 BTC on October 20 and 26 as their first fully regulated buys under Financial Services Commission watchdog. Di company wan build 10,000 BTC treasury wey backed by $40 million budget wey dem announce for Bitcoin Asia 2025. Co-CEO Paul Lee talk say Bitplanet don strengthen corporate governance, risk controls plus full disclosure through regulated platform to make sure say transparency dey. Di company wey dem rebrand—comot from SGA Co. come Bitplanet under Metaplanet CEO Simon Gerovich—don dey accumulate Bitcoin for two weeks ahead of South Korea’s 2027 Digital Asset Basic Act. Di Bitcoin reserve strategy land as BTC dey trade around $115,200, show 6.7% weekly rise cause ETF inflows pass $600 million and renewed Fed rate-cut expectations. Dis move fit boost market confidence for corporate crypto adoption and show say institutional demand go still dey go up.
Bullish
Bitplanet move to buy Bitcoin through regulated daily accumulation plan na mark one milestone for corporate treasury adoption. As KOSDAQ-listed firm wey Financial Services Commission dey oversee, dis purchase dey enhance transparency and governance, fit attract institutional interest. Short-term steady buying pressure fit support BTC prices, while long-term public company reserves fit validate Bitcoin role as corporate asset and encourage similar strategies across markets, wey go reinforce bullish sentiment.