Bitcoin treasury holdings reach $109 billion as prices recover

  • Bitcoin treasury companies reached $109 billion in holdings.
  • Metaplanet transferred 3,000 BTC valued at $237 million to Coinbase Prime.
  • The transfer raised questions about a potential sale, but no sale was confirmed.

Bitcoin held by treasury companies reached $109 billion, the highest level since June, as the cryptocurrency’s price recovered. Metaplanet transferred 3,000 BTC valued at $237 million to Coinbase Prime, raising questions about whether the company may sell part of its holdings, although no sale was confirmed.

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