Metaplanet CEO Shoots Down $320M Bitcoin Sale Rumors: ‘No Bitcoin Was Sold’
Metaplanet CEO Simon Gerovich has denied rumors that the company sold 5,014 Bitcoin, valued at $320 million. He clarified that the cryptocurrency was merely transferred between Metaplanet's own custodial wallets as part of a routine operation, and the company's total holdings remain at 43,000 BTC. This clarification comes amid increased scrutiny of digital asset treasury firms.
- Entities
- Company: Metaplanet
- Topic: Cryptocurrency
- Topic: Treasury Management
- Game: Bitcoin
- Person: Simon Gerovich
This article was reported and published by egamers.io. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.