Metaplanet sold 10,000 BTC in Q3 before buying back 11,000 BTC to ‘demonstrate liquidity’
60-second summary
Metaplanet sells 10,000 BTC in Q3, then repurchases 11,000 BTC, netting an extra 1,000 BTC and raising its total holdings to 44,000 BTC; the firm says the buy‑back demonstrates liquidity and confidence. This move signals strong balance‑sheet positioning, potentially encouraging investors to view Bitcoin as a stable, institutionally‑backed asset, which could buoy market sentiment and price stability.
Metaplanet added a net 1,000 BTC during the third quarter as its total bitcoin holdings reached 44,000 BTC.