Metaplanet CEO denies selling Bitcoin after 1,000 BTC Coinbase Prime deposit

Metaplanet CEO Simon Gerovich denied that the Japanese Bitcoin treasury company had sold Bitcoin and said he remains bullish on the asset’s prospects. The statement followed an earlier ChainCatcher report that Metaplanet, described as a Bitcoin mining company, deposited 1,000 BTC with Coinbase Prime, an institutional crypto trading and custody platform. ChainCatcher cited Cointelegraph in its report on Gerovich’s comments.

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