Key Takeaways:
- Metaplanet has moved an extra 1,350 BTC (approx. $108 million) to Coinbase Prime.
- The company has a total of 43,000 BTC worth almost $3.48 billion.
- The transfer has brought into focus institutional Bitcoin treasury management again.
Metaplanet has moved another large batch of Bitcoin, drawing fresh attention from crypto investors tracking corporate BTC accumulation strategies. According to blockchain analytics platform Lookonchain, the Japanese Bitcoin-focused company recently deposited 1,350 BTC, valued at around $108 million, into Coinbase Prime.
Bitcoin miner Metaplanet (@Metaplanet), which bought 43,000 $BTC($3.48B) at an average price of $96,191, deposited another 1,350 $BTC ($108M) into Coinbase Prime an hour ago.https://t.co/HGljOETBsX pic.twitter.com/JimnSZu2k7
— Lookonchain (@lookonchain) August 28, 2026
The company’s purchase of 43,000 BTC is one of the biggest corporate firms in the world, and it’s the move and purchase on an average behind the $96,191 price point per BTC.
Metaplanet Transfers 1,350 BTC to Coinbase Prime
According to on-chain data shared by stakeholders-revealing platform Lookonchain, just about one hour prior to the report release, Metaplanet moved 1350 BTC to Coinbase Prime. The transferred Monero was worth about $108 million based on market rates as of the date of the transaction.
The transfer comes after a succession of some extremely aggressive acquisition bids, making Metaplanet one of the most intriguing public digital asset firms in action. Today, the firm’s reported treasury includes 43,000 BTC, bringing the overall value of the acquisitions to approximately $3.48 billion.
There is also a significant potential for large transfers to be noticed because Coinbase Prime is popular among asset managers, corporations, institutional investors, and public companies for custody, execution and treasury services.
Read More: Metaplanet Pours 2,100 BTC Worth $132M Into Superplanet for a U.S. Bitcoin Push
Corporate Bitcoin Holdings Continue to Expand
Metaplanet is a notable example of the emerging trend in the world of corporations using Bitcoin as a treasury asset. On the bright side, a handful of publicly listed companies are starting to dedicate part of their balance sheets to Bitcoin, following the example of such companies as Strategy (formerly MicroStrategy).
The mean price per unit of acquisition looks like $96,191, which implies that it’s buying chunks of coins during Bitcoin’s recent bull market. For a majority of 2026, Bitcoin has been trading above, and Metaplanet currently holds one of the biggest institutional positions in Bitcoin.
Why Coinbase Prime Is Commonly Used
Just because there’s a transfer to Coinbase Prime, it doesn’t imply a sell. Institutional entities often custody, provide collateral, engage in over-the-counter trading, provision of loans or portfolio rebalancing on the platform.
Due to the nature of the work of Coinbase Prime which deals with large trading and processing amounts, that usually means that the deposits of a substantial amount of BTC are not necessarily functioning in the market.
Bitcoin Treasury Race Gains Momentum
The latest transfer highlights the scale at which corporate Bitcoin adoption is now operating. A single movement of 1,350 BTC represents more than $100 million in digital assets, yet it accounts for only a small fraction of Metaplanet’s overall holdings.
As more public companies continue to accumulate Bitcoin, on-chain movements from major treasury holders are increasingly becoming key indicators for market participants. While the purpose behind this specific transfer remains undisclosed, the transaction underscores the growing sophistication of institutional Bitcoin management and the expanding role of regulated crypto infrastructure providers in supporting large corporate treasuries.
Read More: Metaplanet Moves $322M in Bitcoin for Just $8, CEO Says Holdings Stay at 43,000 BTC
