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Metaplanet denies Bitcoin sale rumors…holds 43,000 BTC

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  1. 1Simon Gerovich, CEO of Tokyo-listed Metaplanet, denied rumors of a Bitcoin sale.
  2. 2He explained that the 5,014 BTC (about $320 million) movement was a routine transfer between custody addresses, and that holdings stand at 43,000 BTC.
  3. 3An on-chain tracking firm detected the wallet transfer on Wednesday, sparking speculation that the company was preparing to sell.

This 3-line summary is compiled from the report below.

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