"Is Coin Season Back?" ... Bitplanet Hits the Upper Price Limit as Crypto Assets Rebound [STOCK NOW]

[Financial News] Bitplanet, a digital asset treasury (DAT) company that uses a strategy of purchasing and holding Bitcoin, hit the daily upper price limit early in trading, buoyed by Bitcoin's rise. 
As of 9:30 a.m. on the 21st, Bitplanet was trading at 2,755 won on the KOSDAQ market, up 29.95% from the previous trading day. 
Bitcoin was rebounding to the 111 million-won range that day. It had previously fallen to around 103 million won amid the rejection of the U.S. crypto market structure bill, the CLARITY Act, and the impact of a base-rate hike. Investor sentiment is believed to have partially recovered as U.S. financial authorities moved to overhaul regulations on their own.
As of February, Bitplanet held 300 Bitcoin.
In addition, expectations of benefits from the expansion of cryptocurrency distribution networks are strongly driving crypto-related stocks. Along with Bitplanet, related stocks such as Woori Technology Investment (+10.31%) and Hecto Financial (+7.36%) were also rising early in the trading session. 
[email protected] Joo Won-gyu Reporter