The management of the Japanese investment company Metaplanet has officially denied rumors that appeared online about the sale of part of its cryptocurrency reserves. On August 12, on-chain analysts recorded a noticeable movement of bitcoins in the accounts of this organization, which immediately caused a wave of speculation on social networks. According to the Arkham Intelligence analytical platform, the company conducted several large transfers at once, sending part of the funds to cold wallets, and the other part to the Coinbase Prime institutional platform. Against this background, many users began to assume that Metaplanet was planning to sell off part of its portfolio, following the recent example of another large Strategy corporation. However, the company's CEO, Simon Gerovich, quickly clarified the situation and reassured worried investors. The top manager stated that the organization did not sell five thousand fourteen bitcoins, but carried out an exclusively routine operation to rebalance its accounts.

Despite the market's concerns, Metaplanet still confidently controls the forty-three thousand first cryptocurrencies. The company adheres to a strategy of long-term accumulation of digital assets and has no plans to deviate from it yet. It is worth noting that the organization's current portfolio is in the unrealized loss zone due to a noticeable correction in the cryptocurrency market. The average purchase price of bitcoins by this company is more than ninety-six thousand dollars per coin. Due to the decline in market quotations, the unrealized paper loss of Metaplanet currently reaches approximately one billion four hundred million dollars. The last time the company actively replenished its crypto-treasury reserves was in early July 2000.

The investment community continues to closely monitor every movement of funds in the wallets of large corporate holders. Transparency of such transactions plays a crucial role in maintaining the trust of institutional and retail participants in the open market.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.