Metaplanet moved over 5,000 Bitcoin (worth about $322 million) this week, triggering market speculation that the firm might be liquidating a portion of its corporate reserves. On Aug. 12, CEO Simon Gerovich shut down the rumor and explained that the transfer was a routine custody operation, wit...
Source: [CryptoSlate](https://cryptoslate.com/metaplanet-burned-through-83-of-a-500-million-credit-line-to-build-43000-btc-and-now-it-wants-investors-to-fund-the-next-leg/)