Japanese firm Metaplanet, known for stacking Bitcoin in its corporate treasury, just moved 10,270 BTC to Coinbase Prime this week. That’s a massive chunk—over 29% of the company’s reported Bitcoin stash.

What happened

Metaplanet pulled off a major Bitcoin transfer to the institutional platform Coinbase Prime. The numbers are crystal clear: 10,270 BTC, sent this week. That’s more than 29% of their publicly disclosed reserves heading to Coinbase’s custody.

Why it matters

This isn’t your average treasury management move. Shifting such a big slice of reserves to Coinbase Prime signals a bold play in the corporate Bitcoin game. For the market, it’s a clear sign that one of the bigger corporate BTC whales is making moves.

What we know now

So far, the facts are simple: the transfer happened, we know where it went, and we know the size—10,270 BTC, which is over 29% of Metaplanet’s reserves. No other details have been made public yet.