According to the source, Korean public company Bitplanet has initiated a corporate treasury plan and purchased Bitcoin (BTC) during a market rebound, indicating on-balance-sheet crypto allocation that can add spot demand and headline momentum to BTC in the near term (source: the linked post dated Oct 27, 2025). For trading impact, monitor forthcoming official disclosures for purchase size, cost basis, and custody details, which determine incremental buy pressure, potential unlock risk, and correlation to BTC price moves (source: the linked post dated Oct 27, 2025). Near term, watch BTC spot volumes, Korea-related crypto-proxy equities, and KRW-BTC venue activity for follow-through if additional purchases are disclosed (source: the linked post dated Oct 27, 2025).

According to @JasonSoraVC, Paul Lee announced he has stepped in as co-CEO of Bitplanet_KR (KOSDAQ: 049470) and described the firm as Korea’s first global, institutional Bitcoin treasury company, directly tying the company’s strategy to BTC. Source: Paul Lee on X, 2025-08-29, https://twitter.com/paulslee84/status/1961299250501058949 Lee stated that Bitcoin has been central to his investment thesis and identified KOSDAQ: 049470 as Bitplanet_KR’s listed ticker, linking the company’s public equity to the Bitcoin treasury mandate highlighted in the announcement. Source: Paul Lee on X, 2025-08-29, https://twitter.com/paulslee84/status/1961299250501058949