TLDR
- Metaplanet transferred 3,881 BTC worth about $250 million, according to Arkham and Lookonchain.
- The company currently holds about 43,000 BTC, making it one of the largest public Bitcoin holders.
- Metaplanet’s average Bitcoin purchase price remains above $96,000, with total spending exceeding $4.1 billion.
- The company is facing an estimated $1.4 billion paper loss as Bitcoin trades below its average acquisition price.
- Metaplanet still targets 100,000 BTC by the end of 2026, although its recent buying pace has slowed.
Metaplanet moved 3,881 Bitcoin worth about $250 million on Tuesday, drawing attention to the Japanese company’s treasury activity. Blockchain trackers Arkham and Lookonchain reported the transfer hours after it appeared on-chain. No public statement has confirmed that Metaplanet plans to sell the Bitcoin.
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours.
Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).https://t.co/HGljOETBsX pic.twitter.com/L0JeP8wHxv
— Lookonchain (@lookonchain) August 12, 2026
The movement comes as Bitcoin price currently trades well below Metaplanet’s average purchase price this year.
Metaplanet Moves 3,881 Bitcoin
The transfer involved 3,881 BTC from wallets linked to Metaplanet. At current prices, the transaction carried a value close to $250 million.
Metaplanet has built one of the largest corporate Bitcoin holdings worldwide. The company currently holds about 43,000 BTC after expanding its position through several purchases.
Metaplanet announced its latest purchase in early July. It bought 2,823 BTC for about $222 million, raising its total holdings to roughly 43,000 BTC.
The company has set a target of holding 100,000 BTC by the end of 2026. Its recent buying pace has slowed, leaving a wide gap between its current balance and that stated target.
Transfer Raises Questions About Treasury Plans
Metaplanet paid an average price slightly above $96,000 for its Bitcoin holdings. The company has spent more than $4.1 billion building the position.
Bitcoin’s price decline has pushed the value of those holdings below their acquisition cost. Based on current market prices, Metaplanet is sitting on an estimated paper loss of about $1.4 billion.
The latest movement does not confirm a Bitcoin sale. Companies often move digital assets between wallets for custody, security, or treasury management.
Still, corporate Bitcoin sales have increased this year. Strategy, the largest public Bitcoin holder, has completed several sales, while miners and other firms have also reduced some holdings. Metaplanet has not announced a Bitcoin sale so far.
