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Bitplanet becomes South Korea’s first listed firm to buy Bitcoin (BTC)

Bitplanet bought 93 BTC in Korea’s first regulated corporate purchase. The firm plans daily Bitcoin buys to reach a 10,000 BTC treasury. Backed by major investors, Bitplanet leads Korea’s Bitcoin adoption. Bitplanet has made history in South Korea’s financial landscape by becoming the nation’s first publicly traded company to purchase Bitcoin (BTC) through a regulated…


Bitplanet becomes South Korea’s first listed firm to buy Bitcoin

  • Bitplanet bought 93 BTC in Korea’s first regulated corporate purchase.
  • The firm plans daily Bitcoin buys to reach a 10,000 BTC treasury.
  • Backed by major investors, Bitplanet leads Korea’s Bitcoin adoption.

Bitplanet has made history in South Korea’s financial landscape by becoming the nation’s first publicly traded company to purchase Bitcoin (BTC) through a regulated domestic exchange.

The KOSDAQ-listed technology firm recently acquired 92.67 BTC — worth approximately $10.9 million — marking a new chapter in the country’s corporate embrace of digital assets.

Korea’s first regulated corporate Bitcoin buy

The BTC acquisition positions Bitplanet as a pioneer in compliant Bitcoin adoption within Asia’s evolving financial ecosystem.

For the past month, @Bitplanet_KR has been quietly building the most reliable and compliant Bitcoin treasury infrastructure in Korea — culminating in becoming the first public company to purchase Bitcoin directly through a licensed domestic crypto exchange. As of October 26,… pic.twitter.com/hEmpvh9fUL

— Bitplanet Inc. (@Bitplanet_KR) October 26, 2025

It is the first time a listed company has acquired Bitcoin through a licensed exchange within the country’s regulated financial infrastructure.

Executed entirely under the supervision of South Korea’s Financial Intelligence Unit (FIU), the transaction signals growing confidence among institutional investors that Bitcoin can serve as a legitimate, strategic treasury asset.

The Seoul-based company described the move as a deliberate, rules-based initiative rather than a speculative trade.

Co-CEO Paul Lee explained that the purchase marks the start of a disciplined, long-term accumulation plan designed to reduce timing risks while positioning Bitcoin as a strategic treasury reserve.

The transaction was executed fully in compliance with domestic financial laws, a milestone that could encourage other listed companies to follow suit.

Notably, the timing of Bitplanet’s move coincided with a strong rally in Bitcoin prices, which recently climbed above $115,000 amid optimism about US Federal Reserve rate cuts and increasing exchange-traded fund (ETF) inflows.

By choosing this moment to make its first acquisition, Bitplanet demonstrated not only market awareness but also confidence in Bitcoin’s long-term role as a corporate asset.

From its IT roots to a Bitcoin treasury company

Founded in 1997 as SGA Co., Ltd., Bitplanet has deep roots in IT, cybersecurity, and education technology services.

The company rebranded in September 2025 to reflect a broader shift toward blockchain and Bitcoin-focused ventures.

Its pivot follows the full $50 million acquisition of SGA earlier in the year and the completion of a $40 million fundraising round to support its new treasury strategy.

This strategic transformation underscores Bitplanet’s vision of becoming South Korea’s first institutional-grade Bitcoin treasury company.

The firm has developed a comprehensive infrastructure for compliant digital asset management, including regulated custody solutions, secure storage, and real-time audit systems that meet government and financial oversight standards.

Bitplanet’s management says it intends to accumulate Bitcoin daily through licensed domestic exchanges, aiming to build a reserve of up to 10,000 BTC over time.

This steady, methodical approach minimises exposure to market volatility and mirrors similar strategies employed by firms such as Japan’s Metaplanet, one of Bitplanet’s key backers.

Backed by global Bitcoin advocates

Bitplanet’s Bitcoin strategy is supported by a global network of digital asset investors.

The firm’s backers include Simon Gerovich of Metaplanet, AsiaStrategy, Sora Ventures, UTXO Management, KCGI, Kingsway Capital, and ParaFi Capital — groups known for advancing institutional Bitcoin adoption worldwide.

Their involvement signals strong confidence in Bitplanet’s compliance-focused model and its potential to establish a new standard for Bitcoin treasury management in Asia.

Industry observers believe the company’s regulated approach could pave the way for broader corporate participation in South Korea’s growing digital asset market.

The BTC purchase also aligns with the country’s forthcoming Digital Asset Basic Act, scheduled to take effect by 2027, which will formalise the rules for cryptocurrency custody and corporate holdings.

By moving early, Bitplanet positions itself to benefit from the regulatory clarity that this law is expected to bring.


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Pi Network price rebounds: 2.7M migrate as bulls target $0.30 breakout

7M users have migrated to Pi mainnet, boosting market confidence. PI Network price is nearing a $0.30 breakout amid tight exchange supply and strong demand. ISO 20022 integration could link Pi to SWIFT and global banking systems. The Pi Network price has staged a strong rebound, with the PI coin surging above key resistance levels…


Pi Network price rebounds

  • 7M users have migrated to Pi mainnet, boosting market confidence.
  • PI Network price is nearing a $0.30 breakout amid tight exchange supply and strong demand.
  • ISO 20022 integration could link Pi to SWIFT and global banking systems.

The Pi Network price has staged a strong rebound, with the PI coin surging above key resistance levels amid renewed market optimism.

This rally comes on the heels of a major mainnet migration involving 2.7 million users and growing anticipation ahead of the network’s ISO 20022 financial integration scheduled for November 22, 2025.

Bulls regain control as Pi Network adoption surges

Pi Network’s market momentum has accelerated in recent days, with the token’s price climbing more than 25% in 24 hours and over 30% over the week.

The price currently hovers near the $0.28 mark, just shy of the psychological $0.30 breakout target eyed by bullish traders.

The price surge follows the completion of mass Know Your Customer (KYC) verification that enabled 2.69 million “Pioneers” to migrate their tokens to the mainnet.

🚨Welcome to the Mainnet! A massive 2.69 million Pioneers have migrated their Pi in the last week alone after a huge KYC verification wave. The ecosystem is expanding rapidly as we approach the Nov 22 ISO 20022 integration. The future of finance is being built now🚀#PiNetwork pic.twitter.com/zU1Myw7oGJ

— PiNetwork DEX⚡️阿龙 (@fen_leng) October 27, 2025

The migration marks one of the largest transitions in Pi’s history and signals growing confidence in the network’s long-term viability.

This migration has triggered a surge in market demand, particularly as millions of tokens were moved into circulation while exchange supplies tightened.

According to PiScan data, centralised exchanges (CEXs) recorded an inflow of more than 2.422 million PI tokens in the past 24 hours, but this was offset by strong accumulation activity.

Pi Coin balances on CEXs
Source: PiScan

In October alone, over eight million tokens exited exchanges, reducing available supply by roughly 2.4%.

This supply squeeze has been a key catalyst in Pi’s latest rally, easing sell pressure and fueling upward momentum.

Technical setup supports Pi Network price recovery

Technically, the Pi Network price is displaying a clear attempt to break out of a bullish pattern.

The token recently exceeded the 50-day Exponential Moving Average (EMA) at $0.2627, a level that previously acted as a strong resistance zone.

A sustained movement above $0.28 could be a confirmation of a breakout that could target $0.36 in the short term.

Momentum indicators, however, paint a mixed picture, with the Relative Strength Index (RSI) currently sitting above 58, suggesting the asset is approaching overbought territory.

At the same time, the Money Flow Index (MFI) hints at slowing inflows, creating the possibility of short-term consolidation before another push higher.

A failure to reclaim $0.28 could trigger a pullback toward $0.20, where strong support has held since mid-October.

Pi Network price analysis
Source: CoinMarketCap

Despite potential volatility, market sentiment remains upbeat.

The network’s strong fundamentals and reduced exchange supply continue to draw traders and long-term holders.

Pi’s recovery from its October low of $0.172 to recent highs around $0.29 underscores the renewed optimism surrounding the project.

ISO 20022 integration boosts real-world confidence

Beyond market charts, Pi Network’s ecosystem continues to mature rapidly.

The project’s upcoming ISO 20022 integration, aligned with the global financial messaging standard, is seen as a gateway to real-world adoption.

The move will allow Pi to connect more efficiently with banking systems, potentially enabling SWIFT compatibility for faster and cheaper cross-border transactions.

Built on the Stellar Consensus Protocol (SCP), Pi Network’s blockchain prioritises scalability, security, and energy efficiency.

This technical framework supports regulatory compliance while minimising environmental impact, positioning Pi alongside ISO 20022-compliant assets like XRP and XLM.

Community confidence has also strengthened as Pi’s automated KYC system verified over 3.36 million users, resolving one of the project’s major bottlenecks.

The growing mainnet base now stands at 2.69 million active users, reflecting sustained ecosystem expansion ahead of the November 22 milestone.

Outlook: Can Pi coin sustain its momentum?

The Pi Network price rebound reflects both technical recovery and growing ecosystem confidence.

While short-term traders eye the $0.30 resistance for signs of continuation, long-term observers point to Pi’s steady progress toward financial standardisation and global interoperability.

As the project approaches its ISO 20022 rollout, Pi Network is steadily bridging the gap between blockchain and traditional finance.

But whether the current bullish run holds or pauses for consolidation, the network’s growing user base, tighter token supply, and upcoming integrations suggest that the Pi Network price may be entering a defining phase in its evolution toward real-world adoption.


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Magic Eden’s ME token soars 35%, reclaims $0.60 amid ‘big week ahead’ hype

Magic Eden price soared more than 35% amid a breakout above the key resistance of $0.50. Trading volume jumped 1,280% to over $129 million to signal buying pressure. “A big week” ahead and other potential catalysts could boost ME bulls. Magic Eden’s native token, ME, has experienced a significant price surge in the past 24…


Magic Eden Token

  • Magic Eden price soared more than 35% amid a breakout above the key resistance of $0.50.
  • Trading volume jumped 1,280% to over $129 million to signal buying pressure.
  • “A big week” ahead and other potential catalysts could boost ME bulls.

Magic Eden’s native token, ME, has experienced a significant price surge in the past 24 hours.

Prices rose to intraday highs above $0.60 for the first time since the October 11 crash, with bulls’ gains coming amid a retest of a key technical barrier.

As the altcoins rank among the top gainers in the 500 largest cryptocurrencies by market cap, buyers are likely to hold the crucial level and target a new leg up.

But what could help ME price in the short term?

Magic Eden among top gainers as price pumps 35%

Per CoinMarketCap data, Magic Eden’s ME token is one of the standout performers in the cryptocurrency arena today.

The token’s 35% uptick in the past 24 hours has come amid a robust trading volume of $129 million – the metric is up 1,280% in the past 24 hours.

This performance has not only outpaced the broader market but also dwarfed top performers such as Pi Network, Virtuals Protocol and Zcash.

ZEC hovered around $270 on October 24, but was near $350 at the time of writing.

On the technical front, ME broke above the critical hurdle at $0.50, reaching intraday highs of $0.60.

While the altcoin is well off its all-time peak above $13.24, bulls have bounced off the all-time low of $0.23.

ME could retest $0.55 or $0.50 before seizing on an uptick across the market to target the psychological $1 mark.

RSI at 60 suggests bulls have more room to aim for gains.

Magic Eden price chart by TradingView

What could help Magic Eden price higher?

Several factors appear to have converged to ignite this pump.

Notably, the official Magic Eden X account issued a cryptic yet bullish proclamation early this morning: “Big week ahead.”

This post, which garnered over 300 likes and widespread speculation within the community, hinted at impending announcements or developments that could further bolster the platform’s growth.

Such communications from project leads often serve as potent catalysts, drawing in retail traders and amplifying social sentiment.

ME gains also follow the community cheering of the recent acquisition of Dynamic by Fireblocks, which the platforms announced on October 23.

As a key user of Dynamic’s developer platform, Magic Eden could benefit significantly from this integration.

Dynamic powers over 50 million on-chain accounts for industry leaders, including Kraken, Ondo Finance, Magic Eden and zerohash.

Magic Eden’s seamless user onboarding and embedded wallet functionalities for NFT trading across chains.

The deal merges Fireblocks’ institutional-grade custody with Dynamic’s agile tools, creating what executives describe as the “first complete custody-to-consumer stack” for on-chain finance.

Overlaying these platform-specific tailwinds is a broader crypto market rebound.

While gains in October 2025 remain muted as the macroeconomic environment hit risk-on sentiment, Bitcoin’s climb to $116,000 and Ethereum’s break to $4,200 has bulls excited.

The big week for crypto includes a potential rally ahead of a Federal Reserve rate cut, the impact of the US-China trade deal and SEC approval for exchange-traded funds.

The macroeconomic lift could spill over to altcoins like Magic Eden.


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Bitcoin Banknote-ATM Network Pilot Launches in El Zonte, El Salvador

Satnotes to dispense 500 satoshi‑denominated banknotes via a community ATM pilot on Jan 1, 2026. The Satnotes El Zonte Experiment announces in El Zonte, El Salvador on 6 November 2025 a pilot launch of the world’s first physical bitcoin banknote ATM network, with the inaugural dispensing of 500 “El Zonte Founding Edition” Satnotes scheduled for [……
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