Metaplanet Moves $80M in Bitcoin Amid Long-Term Accumulation Plan

Metaplanet has made a significant move in its bitcoin holdings, transferring 1,000 BTC worth approximately $79.77 million into Coinbase Prime custody.

This transaction comes after Metaplanet reached a total holding of 43,000 BTC and aims to accumulate 210,000 BTC by the end of 2027.

The company's average cost per bitcoin is around $96,000, which is higher than current market prices, highlighting its long-term accumulation strategy.

This transfer draws attention to Metaplanet's growing influence as Asia's largest publicly traded bitcoin holder and one of the largest globally.