Metaplanet CEO Denies Bitcoin Sell-Off Rumors, Confirms Holdings

Metaplanet CEO Simon Gerovich has explicitly denied recent market rumors that the Japanese treasury firm was liquidating its digital asset holdings, clarifying that a series of high-volume token transfers were merely routine wallet management operations. The firm, which stands as Asia’s largest corporate holder of the leading cryptocurrency, maintains its exact inventory of 43,000 bitcoins despite mounting valuation pressures from broader market corrections.

The clarification follows intense market speculation sparked by on-chain tracking data showing massive asset movements. According to corporate disclosures, Metaplanet shifted a total of 5,014 bitcoins—valued at approximately 3억2200만달러—across multiple transactions over a 24-hour window starting February 11.

Addressing the market directly on February 12, Gerovich took to public channels to dispel the rumors. He stated that the transactions represented standard internal custody procedures rather than an exit strategy or liquidation event. Furthermore, executive leadership emphasized the operational efficiency of the network during the transfers, noting that moving the assets incurred a blockchain transaction fee of roughly eight dollars.

Corporate Treasury Scale and Valuation Pressures

Metaplanet has accumulated a massive treasury consisting of 43,000 bitcoins, acquired through a cumulative investment of roughly 44억1000만달러. With the broader market trading near the 63,800달러 threshold, the company’s accumulation strategy has resulted in an estimated unrealized portfolio loss of approximately 16억달러, equivalent to roughly 2조2600억원.

Despite these paper losses, management has signaled long-term conviction in its treasury model.

Expansion into Infrastructure and Ecosystem Growth

Beyond accumulation on its balance sheet, Metaplanet has expanded its financial footprint within the regional digital asset economy. In March, the corporation established Metaplanet Ventures, a dedicated subsidiary aimed at fostering domestic blockchain innovation. The investment arm outlines a commitment to deploy 40억엔 over a two-to-three-year timeline to support Japanese startups specializing in cryptocurrency infrastructure.

This approach—combining treasury accumulation with venture capital investments—reflects a corporate pivot toward becoming a diversified digital asset holding company.

Aggressive Accumulation Targets for 2027

Metaplanet’s long-term roadmap remains ambitious despite short-term market volatility and paper losses. Corporate filings outline a stepped acquisition schedule that aims to secure 100,000 bitcoins by the close of the current calendar year. Looking further ahead, management has targeted an expanded reserve of 210,000 bitcoins by the end of 2027.

Market observers await the company’s next scheduled financial reporting cycle and shareholder meeting for updated disclosures regarding treasury balances, funding mechanisms, and capital allocation updates.