The post Metaplanet Transferred 4,986 BTC ($368M) to New Wallets appeared first on Coinpedia Fintech News
After three months of inactivity, MetaPlanet has moved 4,986 BTC—worth about $368.3 million—into new wallets, likely redistributing funds rather than preparing an immediate sale. The transfers were split across multiple transactions, pointing to internal treasury management. The move comes as Bitcoin sees a slight pullback due to profit-taking, adding pressure across the market. At the same time, MetaPlanet’s stock dropped 12% on Tuesday following the transfers. The sharp reaction highlights how closely investors are tracking the company’s Bitcoin holdings and any large on-chain movements tied to its treasury strategy.