Tokyo-listed Bitcoin treasury firm Metaplanet says it did not sell $320 million worth of Bitcoin despite a reported large transfer. The company’s CEO states that a transfer of 5,014 BTC is a custody move rather than a sale, and it emphasizes that the assets are being managed within its custody arrangements.
The denial comes as Metaplanet launches “BitBonds,” a fixed-rate debt program. Decrypt reports that the company is rolling out the offering as part of its broader capital strategy, framing the timing of the BTC movement alongside the new financing product. Other coverage focuses on clarifying the nature of the transfer and the company’s intention regarding its Bitcoin holdings.
Overall, outlets align on the core dispute—whether the BTC transfer represents selling—but differ in emphasis: some underline the custody clarification, while others place the event in the context of Metaplanet’s BitBonds launch and financing plans.
