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A 5,014 BTC transfer between Metaplanet custodial wallets, worth roughly $320 million, sent sale speculation across crypto markets.
CEO Simon Gerovich denied any Bitcoin was sold and confirmed the firm's holdings remain at 43,000 BTC, worth around $3 billion.
The denial arrived in the same window as the launch of BitBonds, a new fixed-rate debt program that adds financial obligations to the company's Bitcoin treasury strategy.
The custody move and what the chain shows Gerovich's explanation is simple: Metaplanet publishes its Bitcoin wallet addresses, making movements trackable in real time, and the transfer was internal.
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