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Metaplanet Moves 5,014 BTC Between Custodial Addresses

The transfer concerns custody location, not a change in Metaplanet's reported holdings, which remain at 43,000 BTC.

Metaplanet Moves 5,014 BTC Between Custodial Addresses
Metaplanet Moves 5,014 BTC Between Custodial Addresses

A total of 5,014 BTC moved between Metaplanet’s custodial addresses in what CEO Simon Gerovich called a routine operation. He said no Bitcoin was sold and that Metaplanet’s holdings remain at 43,000 BTC.

The update distinguishes an address transfer from a change in the company’s reported Bitcoin position.

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Frequently asked questions

  1. Was Metaplanet's 5,014 BTC movement a sale?

    No. Simon Gerovich said no Bitcoin was sold.

  2. How did Simon Gerovich characterize the Bitcoin movement?

    He described the transfer between custodial addresses as a routine operation.

  3. How much Bitcoin does Metaplanet say it holds?

    Metaplanet says its holdings remain at 43,000 BTC.

  4. Did the address transfer change Metaplanet's reported holdings?

    No. The company said its holdings remain at 43,000 BTC after the transfer.

  5. Who confirmed that no Bitcoin was sold?

    Simon Gerovich, Metaplanet's CEO, said no Bitcoin was sold and that the company's holdings remain at 43,000 BTC.

Source attribution
Aggregated from CoinTelegraph · Verified · Last refreshed 1h ago
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