Bitplanet’s Antalpha mining deal tests whether Bitcoin treasuries can grow without constant buying

Asia Bitcoin company, Bitplanet, is trying to convert its Bitcoin treasury from a balance-sheet position into a source of mined BTC revenue. The South Korean company said in a June 24 release that it signed a strategic memorandum of understanding with Nasdaq-listed Antalpha and mining ecosystem partners. Under the MOU, Bitplanet plans to introduce KRW…

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