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.
Frequently asked questions
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Was Metaplanet's 5,014 BTC movement a sale?
No. Simon Gerovich said no Bitcoin was sold.
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How did Simon Gerovich characterize the Bitcoin movement?
He described the transfer between custodial addresses as a routine operation.
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How much Bitcoin does Metaplanet say it holds?
Metaplanet says its holdings remain at 43,000 BTC.
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Did the address transfer change Metaplanet's reported holdings?
No. The company said its holdings remain at 43,000 BTC after the transfer.
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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.
CoinTelegraph