Metaplanet Sold 10,000 Bitcoin, Then Bought 11,000 Back. Here’s Why
Summary
Metaplanet said it sold 10,000 BTC for about $790 million in the third quarter, then bought 11,000 BTC for roughly $950 million, ending with 44,000 BTC—1,000 more than before. The company described the sale as a demonstration that its Bitcoin holdings can be converted into substantial liquidity; proceeds exceeded its outstanding interest-bearing liabilities. Metaplanet is also considering allocating 10% to 15% of assets to strategic investments outside Bitcoin, including income-generating opportunities, while maintaining its Bitcoin treasury strategy.
