The combined value of Bitcoin held by treasury companies reached $109 billion on August 28, moving above $100 billion for the first time since early June as prices recovered. Metaplanet transferred 3,000 BTC worth about $237 million to Coinbase Prime, following an earlier transfer of 3,881 BTC worth about $247 million, prompting questions about a possible reduction in exposure. The company’s recorded holdings remained unchanged at 43,000 BTC, so no sale was confirmed and the transfers could reflect custody reorganization, collateral, financing, or preparation for a sale. Broader exchange supply remained tight, while Bitcoin’s short-term technical structure weakened below the ALMA at $78,647 despite bullish Aroon readings.