Bitplanet has entered the market with 15 billion Korean won worth of mining rigs; producing 80 BTC per year, it looks fairly steady. Over on ASTR’s side, it’s acquiring an asset management license plus integrating custody—making the route of traditional finance becoming increasingly obvious in the crypto world.

According to CryptoSlate, Bitplanet has signed a strategic memorandum of understanding with Antalpha and others, planning to introduce 15 billion KRW in mining equipment and commence full-scale mining this month, with an initial monthly output of over 7 BTC and an annual output exceeding 80 BTC. ASTR (Astra Enterprise) has also signed a memorandum to acquire 100% equity of a licensed asset management company. If the transaction is completed, it will integrate Bitcoin treasury, digital asset custody, and asset management capabilities. ASTR previously invested in Bitplanet and acquired the Thai custodian Rakkar Digital.