Tokyo-listed Metaplanet pushed back on social-media speculation after a large Bitcoin movement between its wallets sparked concern that the company was liquidating part of its treasury. CEO Simon Gerovich took to X to explain that a transfer of 5,014 BTC — roughly $320 million at the time — was simply “a routine custody operation” moving coins between Metaplanet’s own custodial addresses. “No bitcoin was sold, and our holdings remain 43,000 BTC,” Gerovich wrote, noting that the transfers were visible because the company publishes its Bitcoin addresses and therefore can be tracked in real time. The clarification arrives amid market chatter driven in part by recent sales from other public Bitcoin holders. U.S. firm Strategy sold 6,948 BTC this year for about $432.5 million, fueling speculation that other treasury-heavy firms might follow suit. Metaplanet, however, says it has continued to grow its stash: the company bought 5,075 BTC in Q1 2026 and another 1,005 BTC in June, bringing its total to 43,000 BTC — roughly $3 billion at current prices — one of the largest public-company treasuries outside the U.S. At the same time, Metaplanet launched BitBonds, a fixed-rate debt program that creates a new avenue to raise capital without issuing equity or immediately selling Bitcoin. According to the company, BitBonds could be tapped for future Bitcoin purchases and other corporate needs. “The Company intends to continue issuing bonds under the Program in light of market conditions and other factors and, over the medium to long term, as the scale of issuance expands, to put in place the arrangements necessary to enable public bond offerings made under a securities registration statement or similar filing,” Metaplanet said. While debt issuance gives Metaplanet flexibility to fund growth and add to its BTC holdings, it also increases obligations: bond repayments must be made regardless of Bitcoin price moves, exposing the firm to balance-sheet risk if the market turns sharply lower. Read more AI-generated news on: undefined/news