South Korean Firm Bitplanet Boosts Bitcoin Stack to 228.5 BTC

South Korean public company Bitplanet has expanded its Bitcoin holdings once again. The firm confirmed that it purchased an additional 28.5 BTC on November 26 for roughly $2.61 million. The average purchase price stood near $91,335 per Bitcoin. With the latest buy, Bitplanet now holds a total of 228.5 BTC on its balance sheet. 

The company shared the update through its official channels, calling the current market a “great time to buy BTC.” The purchase keeps Bitplanet firmly inside the global rankings of corporate Bitcoin holders. The company now sits at rank 85 on the BitcoinTreasuries leaderboard. That position continues to climb as Bitplanet steadily adds to its stack.

From KOSDAQ Listing to Bitcoin Treasury Strategy

Bitplanet was founded in 1997 under the name Scani Global and listed on South Korea’s KOSDAQ market in 2001. Over the years, the firm shifted its focus toward digital assets and IT infrastructure. Today, Bitcoin sits at the core of its strategy. Bitplanet runs a full-scale Bitcoin treasury operation. That includes balance sheet management, structured financial products and partnerships across the global digital asset ecosystem.

Earlier this month, the company reached its 200 BTC milestone. This was featured in one of South Korea’s largest business newspapers. At that time, moreover, Bitplanet confirmed it had completed funding, purchase, settlement, and custody using a single execution process that complied with domestic regulations. The company stressed that all transactions were conducted through Financial Intelligence Unit-approved exchanges. As a result, this approach helped ensure clean reporting and investor protection.

Daily Accumulation and Long-Term Bitcoin Ambitions

Bitplanet’s leadership has made it clear that these purchases are not random. CEO Lee Seong-hoon previously said the firm buys Bitcoin daily using a flexible strategy based on market conditions. The company focuses on consistency rather than short-term speculation. 

The long-term goal is bold. Bitplanet aims to hold more than 10,000 BTC in the future and enter the top 10 list of corporate Bitcoin holders worldwide. To support transparency, the company also plans to release regular “Treasury Fact Sheets.” That discloses holdings, average buy prices and risk indicators. These updates will give investors real-time visibility into how the Bitcoin strategy evolves.

Bitcoin Treasury Ties Into AI Infrastructure Expansion

Bitplanet is also linking its Bitcoin strategy with a broader push into artificial intelligence infrastructure. The company recently launched a GPU distribution business as part of this expansion. Consequently, it has set a quarterly sales target of 5 billion won for this segment. Therefore, management believes Bitcoin and AI together can form the backbone of its next growth phase.

The firm plans to use its digital asset treasury as a financial base while scaling its IT and infrastructure services for public institutions, financial firms and private companies. The company describes this as a dual-engine strategy. One engine runs on Bitcoin. The other runs on an AI infrastructure. With its latest 28.5 BTC purchase, Bitplanet continues to signal long-term conviction in Bitcoin. While many firms hesitate amid market swings. Bitplanet is steadily building its position with a clear plan and public transparency.