On August 28, COINOTAG News, citing Bitcoin Magazine, reported that Paul Lee, Co‑Founder and Managing Partner of Lobo Ventures, stated at BITCOIN ASIA 2025 that Bitplanet will establish a Bitcoin treasury company and plans to allocate approximately $40 million to acquire Bitcoin, outlining a formal corporate capital allocation to increase direct crypto exposure on its balance sheet.
Lee framed the initiative as a step to create an institutional‑grade custody and asset management vehicle, aiming to position Bitplanet as South Korea‘s first global institutional Bitcoin financial company. The disclosure is presented as a reported corporate strategy; no unverified performance projections were included in the statement.