Metaplanet Stock: 1,000 BTC Moved to Coinbase and Crypto Twitter Is Asking Questions
TLDR
- Metaplanet transferred 1,000 BTC worth roughly $79.77 million to Coinbase Prime on Aug. 25, but neither company has confirmed a sale.
- Coinbase Prime offers institutional custody, financing, and trading services, meaning the transfer does not confirm a disposal.
- Metaplanet holds 43,000 BTC valued at approximately $3.4 billion at current prices.
- Separately, Metaplanet agreed to contribute 2,100 BTC and $2.5 million to Nasdaq-listed Super League Enterprise, which will be renamed Superplanet with ticker SUPA.
- The Superplanet deal still requires shareholder approval and is targeting a Q4 2026 close.
Metaplanet moved 1,000 Bitcoin to wallets linked to Coinbase Prime on Aug. 25, according to blockchain analytics account Lookonchain. The transferred coins were worth approximately $79.77 million at the time.
Bitcoin miner Metaplanet (@Metaplanet), which bought 43,000 $BTC ($3.48B) at an average price of $96,191, deposited another 1,000 $BTC ($79.77M) into Coinbase Prime 1 hour agohttps://t.co/HGljOETBsX pic.twitter.com/tFHYtejnQD
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