Metaplanet moved 1,350 BTC to Coinbase Prime, renewing attention on the Japanese company’s large Bitcoin treasury. The transfer was valued at an estimated $108 million and followed several recent deposits into the institutional platform.

Metaplanet still holds 43,000 BTC, acquired at an average price of $96,191 per coin. The Tokyo Stock Exchange-listed company began building that treasury in 2024, and its current holdings place it among the largest corporate Bitcoin treasuries worldwide. The transaction came as Bitcoin traded near $79,716, while market participants watched resistance levels, monthly positioning, and potential price direction.

Metaplanet Bitcoin transfer sends 1,350 BTC to Coinbase Prime

Lookonchain reported the latest transfer after identifying the movement through blockchain data. The 1,350 BTC deposit marked another sizable transfer from Metaplanet-controlled wallets.

The company’s 43,000 BTC treasury carries a reported current value of about $3.48 billion. Its stated average acquisition cost remains $96,191 per Bitcoin.

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. pic.twitter.com/JimnSZu2k7 — Lookonchain (@lookonchain) August 28, 2026

Large transfers to exchanges often draw immediate attention because traders frequently monitor them for possible selling activity. In this case, however, the information provided with the transfer did not show any sale.

Coinbase Prime is the exchange’s institutional platform, offering custody, trading, and financing services to corporate and institutional clients. Earlier deposits from the company were described as custodial movements for operational purposes, including collateral management. Those transactions also did not result in confirmed Bitcoin sales.

Metaplanet has continued its Bitcoin accumulation strategy despite sharp swings across the broader crypto market. That approach follows the corporate treasury playbook pioneered by Strategy, formerly MicroStrategy, beginning in 2020 and since adopted by other listed companies. The latest wallet activity therefore adds another operational transfer without changing its reported treasury position.

Bitcoin trades near $80,000 as monthly close approaches

CoinGecko data put Bitcoin at $79,716.63, with 24-hour trading volume at $34.41 billion. The price was up 0.01% over the previous 24 hours.

Bitcoin also gained 2.20% over the past seven days, according to the supplied CoinGecko figures. That move brought the market closer to the $80,000 level.

Daan Crypto Trades described Bitcoin’s recent structure as a gradual climb, noting slightly higher highs and higher lows. According to the trader, $80,000 remains the first major resistance level to break, and the current range could eventually lead to a larger expansion.

Killa said the approaching monthly close has become a key point for Bitcoin trading. The trader highlighted the strength of the current monthly candle and said Bitcoin has posted a large move to the upside.

We’re approaching the monthly close, a key date for $BTC . There’s no denying how impressive this monthly candle is. Bitcoin has printed a huge move to the upside, something we haven’t seen in a while. Now, the focus shifts toward the monthly open, which I believe will be a… pic.twitter.com/B1jwvjG9ul — Killa (@KillaXBT) August 28, 2026

Killa outlined several possible paths around the new monthly open, including a high sweep followed by a reversal, a selloff before renewed strength, or a short pullback followed by a higher low. The trader said market participants should watch price structure and sentiment into the monthly close.

For now, Metaplanet’s transfer and Bitcoin’s approach toward $80,000 remain separate focal points. The treasury movement has not resulted in a confirmed sale.