Bitcoin News: Metaplanet CEO Shuts Down BTC Sale Fears

NewsThu, 13 Aug 2026 11:48:27 UTC1 hour ago

In Bitcoin news today, BTC trades at around $63,500, down -0.6% on the day, sitting in a tight range while the market absorbs a fresh round of corporate treasury noise. Metaplanet CEO Simon Gerovich just killed a rumor that could have spooked holders, and the numbers behind his denial are worth unpacking before assuming this is a non-event.

The Japanese Bitcoin treasury company moved 5,014 BTC (roughly $322M) between custodial addresses over a 24-hour window starting Wednesday, triggering immediate speculation of a sell-off.

We transferred 5,014 BTC between Metaplanet custodial addresses over the past 24 hours. This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 BTC.

All of our addresses are published, which is why the transfers were observable in real time.…
- Simon Gerovich (@gerovich) August 12, 2026

Gerovich shut that down directly: “This was a routine custody operation. No bitcoin was sold, and our holdings remain 43,000 BTC.” The entire transfer cost Metaplanet about $8 in network fees, underscoring how cheap it is to move nine-figure sums on-chain when you’re not touching exchange order books.

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Bitcoin News: Metaplanet CEO Shuts Down BTC Sale Fears

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