According to @JasonSoraVC, Korea’s Bitcoin treasury firm Bitplanet added another 10 million to its final closing. According to @JasonSoraVC, the round was led by UTXO Management and Kingsway Capital. According to @JasonSoraVC, this makes it the largest and most international deal among all DATs in South Korea.

According to @rogerhamilton, BitPlanet is Korea’s first Institutional Bitcoin Treasury, framing the emergence of Bitcoin treasury companies in South Korea as an institutional BTC adoption trend to watch for market participants (source: @rogerhamilton on X, Aug 28, 2025). He also states that South Korea has one of the best stock exchanges protecting investors against market manipulation, positioning this regulatory environment as supportive context for institutional Bitcoin treasuries (source: @rogerhamilton on X, Aug 28, 2025).