{"id":138668,"date":"2026-02-27T19:47:26","date_gmt":"2026-02-27T19:47:26","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=138668"},"modified":"2026-02-27T19:47:26","modified_gmt":"2026-02-27T19:47:26","slug":"sora-ventures-backed-bitplanet-reaches-300-bitcoin-ranks-among-asias-top-20-corporate-holders","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=138668","title":{"rendered":"Sora Ventures-Backed Bitplanet Reaches 300 Bitcoin, Ranks Among Asia\u2019s Top 20 Corporate Holders"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Sora Ventures-Backed Bitplanet Reaches 300 Bitcoin, Ranks Among Asia\u2019s Top 20 Corporate Holders<\/a><\/p>\n

<\/div>\n

Bitplanet Inc. has accumulated 300 BTC through a structured purchase program, positioning the South Korea-listed company among the top 20 corporate Bitcoin holders in Asia.<\/p>\n

The company, backed by Sora Ventures<\/a>, began building its BTC treasury in the fourth quarter of 2025<\/a>. Its most recent purchases were carried out in phases between Feb. 23 and Feb. 26 via Upbit, one of South Korea\u2019s largest cryptocurrency exchanges.\u00a0<\/p>\n

The BTC will be held with a professional custody provider, the company told Bitcoin Magazine.<\/em><\/p>\n

Chief Executive Paul Lee said Bitplanet is focused on more than balance sheet exposure. \u201cWe are not simply accumulating Bitcoin,\u201d Lee said in a statement. He added that the company plans to explore operational strategies that could contribute to revenue generation and cash flow over time, linking BTC treasury management with artificial intelligence computing initiatives.<\/p>\n

Bitplanet said it views Asia as a key driver of the next phase of digital asset treasury adoption and aims to position itself as a transparent, institutional-grade corporate holder of Bitcoin.\u00a0<\/p>\n

The company said it may expand its holdings further, subject to market conditions, regulatory developments, and financing availability.<\/p>\n

Corporate bitcoin strain<\/h2>\n

The firm counts several digital asset treasury investors among its backers, including Simon Gerovich of Metaplanet<\/a>, as well as AsiaStrategy, UTXO Management, KCGI, Kingsway Capital, and ParaFi Capital.<\/p>\n

Metaplanet did post a net loss of 95 billion yen ($619 million) for fiscal 2025, driven by a 102.2 billion yen ($665.8 million) valuation decline on its bitcoin holdings.\u00a0<\/p>\n

The disclosure marks the latest example of a corporate bitcoin buyer facing pressure as the cryptocurrency\u2019s price slid from record highs in October<\/a>.<\/p>\n

The company closed<\/a> the year with 35,102 BTC, valued at approximately $2.4 billion, making Metaplanet the fourth-largest public corporate BTC holder globally, behind Strategy<\/a>. <\/p>\n

Since it began accumulating BTC 21 months ago, Metaplanet has spent nearly $3.8 billion, averaging $107,000 per coin, according to data from two weeks ago.<\/p>\n

Last quarter, when Sora Ventures unveiled its plans at Taipei Blockchain Week, the firm said it plans to purchase $1 billion in BTC within six months, backed by a $200 million initial commitment from regional partners.\u00a0<\/p>\n

Today, Bitcoin (BTC) is trading near $65,000, drifting lower from mid\u2011week highs near $70,000 amid persistent selling pressure across crypto markets.<\/p>\n

This post Sora Ventures-Backed Bitplanet Reaches 300 Bitcoin, Ranks Among Asia\u2019s Top 20 Corporate Holders<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Sora Ventures-Backed Bitplanet Reaches 300 Bitcoin, Ranks Among Asia\u2019s Top 20 Corporate Holders Bitplanet Inc. has accumulated 300 BTC through a structured purchase program, positioning the South Korea-listed company among the top 20 corporate Bitcoin holders in Asia. The company, backed by Sora Ventures, began building its BTC treasury in the fourth quarter […]<\/p>\n","protected":false},"author":0,"featured_media":138669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-138668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/138668"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=138668"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/138668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/138669"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=138668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=138668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=138668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}