Bitplanet, formerly known as SGA, has emerged as South Korea’s first institutional Bitcoin treasury firm after securing $40 million in fresh capital for BTC purchases. Supported by Asia Strategy Partners, the company plans to immediately deploy these funds, building an institutional-grade Bitcoin custody and asset management platform without taking on debt. This strategic rebrand signals South Korea’s growing embrace of digital assets and positions Bitplanet as a key player in advancing institutional Bitcoin adoption across Asia.