Bitplanet Signs MOU with Antalpha for 15 Billion Won Bitcoin Mining Investment
2026-07-06 11:56

Woofun AI reports that South Korean Bitcoin treasury firm Bitplanet has executed a memorandum of understanding with Nasdaq-listed Antalpha. The agreement outlines a 15 billion Korean won investment in mining hardware to commence full-scale operations this month. Mined Bitcoin will be recorded as operating income and held as long-term assets. Initial equipment is projected to yield over 7 BTC monthly, exceeding 80 BTC annually, contingent on utilization and power costs. Hardware will be situated in low-cost jurisdictions like Oman and Paraguay under an overseas custody framework.

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