Metaplanet Denies $320M BTC Sale and Unveils BitBonds Deal

TL;DR

• Metaplanet denied selling bitcoin after a 5,014 BTC transfer of $320 million, saying the movement was a custody operation and holdings remain at 43,000 BTC.
• The company launched BitBonds with four placed bond series worth 200 million yen, or $1.3 million, carrying interest of 4% to 4.3%.
• The bonds are unsecured, unrated and exposed to Metaplanet’s bitcoin-heavy balance sheet, giving investors fixed income while adding a funding channel.

Metaplanet moved quickly to deny speculation that it had sold $320 million worth of bitcoin after blockchain trackers flagged a transfer of 5,014 BTC from wallets linked to the Tokyo-listed company. CEO Simon Gerovich said the movement was only a routine custody transfer between company addresses and confirmed that holdings remain at 43,000 BTC. The striking contrast is that Metaplanet is expanding its financing toolkit while insisting its bitcoin position remains completely untouched for investors. The clarification arrived as corporate bitcoin treasuries face growing scrutiny over whether they are beginning to monetize reserves.

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