‍Bitplanet Buys 35 BTC, Aims for 10,000 BTC Reserve

South Korean firm Bitplanet has acquired an additional 35 BTC, bringing its total holdings to 300 BTC. The company plans to fund a long-term goal of acquiring 10,000 BTC by leveraging revenue from its AI computing power operations.

Bitplanet utilized a Dollar-Cost Averaging (DCA) strategy for its purchases on the Upbit exchange, marking a significant move for a publicly traded South Korean entity. This strategy aims to mitigate market volatility. The firm's transparent approach reflects a growing trend of institutional adoption of Bitcoin as a reserve asset.

https://cryptovka.com/news/bitplanet-aggregates-300-btc-and-sets-long-term-10-000-btc-goal