Metaplanet has issued an official statement shutting down rumors circulating online about the alleged sale of 5,014 Bitcoin (BTC). The supposed transaction sparked plenty of talk among crypto traders, but Metaplanet made it clear that these reports are totally false.

Rumors of a Major BTC Sale

Recently, word spread through the crypto community that Metaplanet had supposedly dumped 5,014 BTC. The rumor rattled investors and on-chain watchers, given the size of the transaction being discussed.

Metaplanet’s Official Response

Metaplanet’s team publicly denied the rumors, stating the company hasn’t sold any such amount of Bitcoin. They emphasized that all reports about this alleged sale are baseless.

Market Reaction and Why the Denial Matters

After Metaplanet addressed the situation, the market calmed down and chatter about the potential sale died off. The company says it’s business as usual, with no changes to its Bitcoin strategy on the table.