**[Bitplanet Completes $50 Million Acquisition and Secures $10 Million in Additional Funding, Aiming to Rank Among the Top 10 Global Bitcoin Holders]** South Korea's first institutionalized Bitcoin vault company, Bitplanet, announced the completion of a $50 million acquisition of a 62% stake in SGA Co., Ltd., along with a management transition and brand revamp. The transaction was led by Sora Ventures, Parafi Capital, and KCGI, with additional investment support of $10 million from UTXO Management and Kingsway Capital. Bitplanet stated that it aims to become one of the top 10 enterprise-level Bitcoin holders globally and to position South Korea as a key hub in the international Bitcoin ecosystem.