Is Metaplanet selling bitcoin?

[X-ray]

I have heard crypto companies claim that they moved coins for custodial management operation, but it turned out they were selling. The Japanese Bitcoin treasury company might want to take profits; who knows?

It isn't impossible for a company to say they're doing custodian management operation yet selling, Coinbase Prime is an institutional desk for many things beside custody including OTC and financing.

Even if they sold, would they announce it? I don't think so.

The last time CEO confirmed the transaction was custodian management operation was in 13 august 2026 and transaction afterward should be considered not related to that statement.

Therefore I wouldn't be so confident to say that they are also doing custodian management this time around until the CEO himself stated otherwise.

[AprilioMP]

The owner's chances of selling after transferring to an exchange from a wallet are high. Every action must have a rationale, and those who transfer to an exchange from a wallet know that an exchange is not a place to store their assets.
They likely won't sell the amount they transferred to the exchange all at once. It's reasonable to assume they'll sell gradually to gauge the market's reaction to the price.

What are we even thinking though? A company that invested billions of dollars to buy Bitcoin didn't do that for fancy, it's strictly a business for profit and they are going to do what they want with their Bitcoin, how they feel and when they want to without public pity. It's their responsibility to make sure the company interest comes before what the public thinks. If the CEO said they didn't sell, that means they didn't and if they did and lied to the public, then it's their loss, another company gained some of that Bitcoin.

It's very clear to me. Companies are fundamentally about making a profit. People who choose a particular company also have the hope that their investment will generate profits. For every deposit someone makes into a company, the company must also do something to ensure everyone there receives their rights, thereby proving and increasing trust in the company.
It wouldn't be surprising to hear news that a well-known company has transferred its assets to the stock exchange, with the question of whether they will sell? A sale is highly likely.

[348Judah]

When you see a financial advisory like this in their decision making, always know that they are being strategic about it because they know what they are doing, either of their decision to sell or buy comes with a specific target over the market price, because they know how they could use their influence to trigger the market on a particular direction within a short period of time they wanted to initiate their own decision, this is where you will see they are selling and still yet buy more than what they have sold already after the market falls.