Simon Gerovich, CEO of Japanese Bitcoin treasury company Metaplanet, said on X that the transfer of 5,014 Bitcoin across custody addresses over the past 24 hours was a routine custody operation and did not involve a sale. He confirmed that the company's holdings remain at 43,000 BTC. Foresight News separately reported that on-chain monitor The Data Nerd had tracked cumulative transfers of 4,176 BTC from Metaplanet the previous day, valued at approximately $265.3 million.
Simon Gerovich, CEO of Metaplanet, a Japanese bitcoin treasury company, said on X that the company's transfer of 5,014 Bitcoin between custody addresses in the past 24 hours was a routine custody operation and did not constitute a sale. He added that Metaplanet's holdings remain at 43,000 BTC.
Foresight News earlier reported, citing on-chain data monitor The Data Nerd, that Metaplanet had transferred a combined 4,176 BTC, worth about $265.3 million, the previous day.
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