Key Insights:
- Metaplanet transferred 1,350 BTC worth about $108 million to Coinbase Prime.
- The company moved another 1,000 BTC to Coinbase Prime on August 25.
- Bitcoin traded near $79,133 after reaching an intraday high of $81,281.
Bitcoin news is drawing attention to Metaplanet after the company moved 1,350 BTC to Coinbase Prime. The transfer was worth about $108 million at the time of the transaction. Meanwhile, Bitcoin price traded close to the $80,000 mark after failing to hold above that level. The move has prompted fresh questions about the company’s next steps with its Bitcoin holdings.
Metaplanet Moves 1,350 BTC to Coinbase Prime
Metaplanet transferred the 1,350 BTC to Coinbase Prime, according to blockchain data reported by Lookonchain. The value of the coins stood at roughly $108 million based on Bitcoin’s price at the time.
The transaction follows another large transfer by the company. Metaplanet moved 1,000 BTC, worth about $79.77 million, to Coinbase Prime on August 25. The two transfers have put the company’s recent Bitcoin movements under closer watch.
A transfer to Coinbase Prime does not confirm that Metaplanet has sold Bitcoin. Companies can move coins between wallets and institutional platforms for several reasons, including custody and trading arrangements. There has been no confirmation that Metaplanet sold the BTC involved in either transaction.
Metaplanet’s Bitcoin Holdings Remain Under Watch
Metaplanet has built a large Bitcoin treasury over the past year. The company has reported purchases totaling 43,000 BTC at an average price of $96,191 per coin.
Arkham data showed that Metaplanet held around 38,650 BTC, with the position valued at about $3.07 billion. The difference between the reported purchases and the current wallet balance has added interest to the latest transfers.
The company also reported about $20 million in profit for the first half of 2026. Its Bitcoin treasury remains a central part of its corporate strategy, keeping its wallet activity closely watched by crypto market participants.
Bitcoin Price Remains Near $80,000
Bitcoin price has struggled to establish a clear move above $80,000 in recent sessions. BTC crypto traded around $77,933 after reaching a 24-hour high of $81,281.
Bitcoin price action has kept BTC within a narrow range near $78,000 to $81,000. Resistance sits around $81,121, while the next zone comes between $82,500 and $84,700.
Bitcoin price has support around $78,720, followed by another level near $75,604. A sustained break below $75,604 could put additional pressure on the current market structure and bring the $68,000 area back into focus.
Strategy’s Treasury Moves Add to Market Attention
Metaplanet’s latest transfer comes as Strategy has changed its recent treasury approach. The company has paused Bitcoin purchases and increased its USD cash reserves.
Strategy and Metaplanet remain among the most closely followed public companies with large Bitcoin holdings. Their treasury decisions often receive attention when Bitcoin enters periods of heavy price movement.
For Metaplanet, the latest wallet transfers have arrived at a sensitive point for Bitcoin. The cryptocurrency remains close to $80,000, while the company continues to manage a large BTC position.
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets can experience sharp price movements.
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