$BTC
Metaplanet Clarifies Recent Bitcoin Transfer
Metaplanet CEO Simon Gerovich has clarified that the company has not sold its Bitcoin holdings following recent on-chain activity.
According to his statement, the transfer of 5,014 BTC, worth approximately $320 million, was a routine movement between the company’s custodial addresses.
📌 Key points:
- 5,014 BTC was transferred
- The transfer was between custodial addresses
- Metaplanet says no Bitcoin was sold
- The company reportedly continues to hold around 43,000 BTC
This clarification is important because on-chain transfers can sometimes be mistaken for selling activity. However, a wallet transfer alone does not necessarily indicate that Bitcoin has been sold.
Source: CoinDesk
#Bitcoin #BTC #Crypto #BinanceSquare
Metaplanet Clarifies Recent Bitcoin Transfer
Metaplanet CEO Simon Gerovich has clarified that the company has not sold its Bitcoin holdings following recent on-chain activity.
According to his statement, the transfer of 5,014 BTC, worth approximately $320 million, was a routine movement between the company’s custodial addresses.
📌 Key points:
- 5,014 BTC was transferred
- The transfer was between custodial addresses
- Metaplanet says no Bitcoin was sold
- The company reportedly continues to hold around 43,000 BTC
This clarification is important because on-chain transfers can sometimes be mistaken for selling activity. However, a wallet transfer alone does not necessarily indicate that Bitcoin has been sold.
Source: CoinDesk
#Bitcoin #BTC #Crypto #BinanceSquare