Why Metaplanet Sold 10,000 Bitcoin and Bought 11,000 BTC: Details Behind the Massive Transaction
Key Highlights Metaplanet executed a strategic sale of 10,000 Bitcoin (BTC) to demonstrate balance-sheet liquidity, subsequently buying back an even larger allocation. The company repurchased its Bitcoin holdings at a higher average price than the sale, generating a potential tax loss that remains subject to audit review. For the third quarter, Metaplanet posted an 11.3% ...