Metaplanet Denies $320M Bitcoin Sale: BTC Holdings Intact Amid Market Speculation

Japanese investment firm Metaplanet has officially denied recent rumors claiming the company sold Bitcoin (BTC) worth approximately $320 million. The company clarified that its substantial Bitcoin holdings remain fully intact, dismissing the speculation as unfounded. This denial comes amid heightened market scrutiny and volatility in the cryptocurrency sector, where rumors of large-scale BTC liquidations can significantly impact investor sentiment. Metaplanet reaffirmed its long-term bullish strategy on Bitcoin, emphasizing that it has not reduced its position and continues to view BTC as a core treasury reserve asset. The clarification aims to stabilize market confidence and counter any negative narrative surrounding the firm's digital asset management.