According to CryptoSlate, South Korean Bitcoin treasury company Bitplanet has signed a strategic memorandum of understanding with Nasdaq-listed Antalpha and partners from the mining ecosystem. It plans to introduce 15 billion Korean won worth of Bitcoin mining equipment and launch full-scale mining operations this month. In the first phase, it is expected to produce more than 7 Bitcoins per month and more than 80 Bitcoins per year. Separately, Astra Enterprise Public Company Limited (ASTR) has signed a memorandum of understanding to explore acquiring 100% equity of a licensed asset management company; if the deal is completed, ASTR will integrate Bitcoin treasury, digital asset custody, and asset management capabilities. ASTR previously invested in Bitplanet and acquired Rakkar Digital, a licensed digital asset custodian in Thailand.

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