BUSINESSAug 13 · 04:15 UTCCOINTELEGRAPHCointelegraph by Yohan Yun

Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer

Metaplanet CEO Simon Gerovich shut down speculation that Bitcoin was sold. He stated that no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses. This transfer occurred for about $8 in fees.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Simon GerovichpersonMetaplanetorganizationBitcointopicBTCtopiccustodial addressestopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSMay 13 · 17:33 UTC
Bitcoin Firm Metaplanet Posts $725 Million Loss, Delays Preferred Share Offerings
BUSINESSMay 13 · 13:10 UTC
Metaplanet Q1 profit jumps, but Bitcoin losses hit bottom line
BUSINESSJul 2 · 12:23 UTC
Metaplanet Adds 2,823 Bitcoin, Reaches 43,000 BTC and Becomes World’s Third-Largest Corporate Treasury
BUSINESSJul 2 · 09:00 UTC
Metaplanet adds 2,823 bitcoin to holdings in Q2, bringing total to 43,000 BTC
BUSINESSJul 2 · 08:55 UTC
Metaplanet buys 2,823 BTC, surpasses 43,000 in Bitcoin holdings
BUSINESSApr 24 · 07:18 UTC
Metaplanet issues $50 million in zero-interest bonds to buy more bitcoin