Metaplanet Transfers $80M in Bitcoin to Coinbase Prime as Holdings Hit 43,000 BTC
Table of Contents
TL;DR:
- Metaplanet executed a transfer of 1,000 BTC, valued at $79.77 million, to Coinbase Prime on August 25, 2026.
- The Japanese firm’s total reserves reached 43,000 accumulated BTC with an average cost of $96,191 per unit by the end of August 2026.
- The transaction was recorded on the blockchain as an institutional custody deposit and not as an open-market liquidation order.
This Tuesday, the Japanese firm Metaplanet moved 1,000 BTC to Coinbase Prime, equivalent to $79.77 million. The transfer took place just days after the company crossed the 43,000 BTC under management mark.
Day open
$78,993
00:00 UTC
Past 7 days
+22.4%
from $64,532
Since the open
−18.0%
$64,810 · 15 Nov, 02:50 UTC
All-time high
−37.3%
$126,080 · Oct 2025
The transaction was initially identified in blockchain records by the analytics firm Lookonchain. On-chain tracking data suggests that the assets were sent to addresses associated with the U.S. platform’s institutional custody services.
Bitcoin miner Metaplanet (@Metaplanet), which bought 43,000 $BTC ($3.48B) at an average price of $96,191, deposited another 1,000 $BTC ($79.77M) into Coinbase Prime 1 hour agohttps://t.co/HGljOETBsX pic.twitter.com/tFHYtejnQD
— Lookonchain (@lookonchain) August 25, 2026
The total value of the transferred funds was calculated based on a Bitcoin price near $79,770 per unit. According to the market report, the company’s aggregate holdings represent an approximate market value of $3.4 billion at prices recorded over the past 24 hours.
The corporate treasury’s volume-weighted average purchase price stands at $96,191 per token. Analysts at The Crypto Basic note that this figure keeps the overall position temporarily below its book entry cost.
Neither Metaplanet’s leadership nor Coinbase representatives issued statements describing this transfer as an asset sale. Industry experts maintain that institutional brokerage infrastructure is commonly utilized for operational restructurings, financial collateral, or cold-wallet diversification.
The company underwent a similar event on August 12, 2026. At that time, Chief Executive Officer Simon Gerovich confirmed that the movement of 5,014 BTC was part of a custody reallocation that had no impact on the firm’s net balance sheet.
Custody Strategy and Corporate Expansion in the United States
Metaplanet’s overall balance sheet is primarily sustained through the issuance of new shares and structured vehicles. Corporate filings submitted to regulators indicate that the entity’s long-term goal is to accumulate 210,000 BTC before the close of 2027.
Concurrently, the company is advancing a commercial agreement with the Nasdaq-listed entity Super League Enterprise. Under the preliminary terms of the deal, Metaplanet plans to contribute 2,100 BTC and $2.5 million in cash to establish a treasury platform named Superplanet under the planned ticker SUPA.
For now, public records do not formally connect the 1,000 BTC transferred on August 25 with the completion of that corporate transaction. Market observers note that the timing could align with logistical preparations for the deal.
In the U.S. financial landscape, Super League formalized an at-the-market (ATM) equity offering program that raised $2.23 million through the sale of 475,598 shares. Financial reports indicate that the company authorized an additional $2.27 million margin under the intermediation of Benchmark and StoneX.
The final structure of Superplanet will require approval from Super League shareholders and regulatory clearances from the U.S. Securities and Exchange Commission (SEC), along with supervisory authorities in Japan.
The formal completion of the corporate transaction and the integration of the new treasury platform into the U.S. market are projected for the fourth quarter of 2026.
Sources and method. The data box is a snapshot taken when the story was published: price from CoinGecko's hourly series (or, if missing, our own daily close from Binance, Coinbase, Kraken or Blockchain.com); "Past 7 days" compares with the price one week earlier; the all-time high is CoinGecko's as it stood that day. Only "Since this story" uses the latest price, with its own time.
Notice. For information only; not investment advice.
