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Metaplanet Sells 10,000 Bitcoin, Buys 11,000 Back to Prove Liquidity

Josh1 min read

Metaplanet logo on red screenMetaplanet sold 10,000 BTC and subsequently bought 11,000 BTC during the third quarter, using the unusual round trip to demonstrate that its bitcoin treasury can be converted into cash when needed. Metaplanet Ends Q3 With 44,000 BTC After Liquidity Test Metaplanet has answered a question hanging over corporate bitcoin treasuries: what happens when creditors want […]

Source: https://news.bitcoin.com/crypto-news/metaplanet-sells-10000-bitcoin-buys-11000-back-to-prove-liquidity/

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