Bitplanet Doubles Down on 10,000 BTC Treasury Accumulation

Bitplanet, the South Korean digital asset treasury company, has reaffirmed its goal of accumulating 10,000 Bitcoin as a long-term corporate strategy, with a firm commitment to never selling any of its Bitcoin holdings midway to realize short-term profits.

While other companies are scaling back their Bitcoin purchases, Bitplanet’s CEO has recommitted to the company’s ambitious target.

If Bitplanet successfully reaches its 10,000 BTC target, it would dramatically climb the rankings on BitcoinTreasuries.net—from its current position at #78 (with 300 BTC) to approximately #13. This would allow it to surpass U.S.-based Trump Media & Technology Group—owned by US President Donald Trump and position Bitplanet as Asia’s second-largest corporate Bitcoin holder after Japan’s Metaplanet.

CEO Lee Seong-hoon outlined the company’s vision: “Bitplanet is not simply a company that accumulates bitcoin. We view energy as a key asset of the future, and we plan to generate real profits through bitcoin mining and AI data center businesses, among others.”

He emphasized a disciplined, long-term approach to buying: “We are steadily accumulating bitcoin,” adding, “We buy based on a comprehensive assessment of operating cash flow, our financial condition, and the market environment.” Lee further stated, “We will not pursue a strategy of selling partway through to realize profits.”

Bitcoin serves as the central asset in Bitplanet’s strategy, but the CEO stressed diversification for sustainable growth: “Bitcoin is the central asset in Bitplanet’s financial strategy, but I don’t think it’s desirable for the company’s earnings to rely solely on bitcoin. Our goal is to secure stable cash flow through our businesses and continue accumulating bitcoin.”

The company sees strong synergies between its planned Bitcoin mining operations and AI data centers, leveraging shared infrastructure including power, cooling facilities, and servers. Lee noted the rising demand in the AI sector: “As the AI industry grows, demand for data centers and power infrastructure is rising rapidly. Data centers will be a key means of further strengthening Bitplanet’s cash flow.”

Bitplanet is currently evaluating sites for these new ventures, with a focus on areas near the Seoul metropolitan region. “We are reviewing various sites, including areas near the Seoul metropolitan region,” Lee said, while cautioning that “specific locations and scale have not yet been finalized.” The company expects to share tangible results with the market within the next 3–6 months.

This announcement follows closely on the heels of Thai-based DV8’s recent unveiling of its own plan to build a 10,000 Bitcoin-equivalent treasury, signaling growing momentum among Asian companies in adopting aggressive Bitcoin accumulation strategies.

Currently, only two of the top 20 public company Bitcoin treasuries are non-U.S. entities. A successful execution by Bitplanet—and similar moves from other Asian firms like DV8—could challenge America’s longstanding dominance in the corporate Bitcoin treasury space.

Lee highlighted the importance of transparency and governance in the Korean market: “In Korea, it’s difficult for a business to be recognized simply by holding a lot of bitcoin. It’s necessary to establish a transparent operating system encompassing disclosures, internal controls, and governance.” He added that Bitplanet has prioritized building robust systems from the start: “From the outset, we spent the most money and time building a system to share all information related to bitcoin investment transparently.”

Bitplanet’s strategy reflects a broader shift, with Asian companies increasingly viewing Bitcoin not just as a speculative asset but as a core balance sheet reserve backed by operational cash flows and infrastructure plays. The company continues to monitor market conditions while advancing its dual focus on Bitcoin accumulation and energy/AI infrastructure development.

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