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Metaplanet Transferred 4,986 BTC ($368M) to New Wallets

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Nidhi Kolhapur

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.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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