Metaplanet denies reports of selling its bitcoin holdings

Metaplanet, a Japanese investment firm that has become known in recent years for its aggressive bitcoin accumulation strategy modeled after U.S.-based MicroStrategy, has officially denied media reports claiming it sold part of its crypto holdings. The company stated that its bitcoin position remains unchanged and that no sell transactions took place. Such rumors can significantly affect both the company's own stock price and the broader cryptocurrency market, since major corporate bitcoin holders are viewed by investors as an indicator of institutional confidence in the asset. Metaplanet continues to pursue its long-term bitcoin accumulation strategy, treating it as a reserve asset on its balance sheet meant to hedge against yen inflation and diversify corporate reserves. Investors are advised to treat unverified rumors about large public companies' crypto holdings with caution and wait for official statements.