Strategy Transfers 4.8 Billion Yen Worth of Bitcoin to Coinbase, Purpose Unclear

2026/05/31 06:43 (Updated 2026/05/31 10:00)
CoinPost
Written by A.Yamada
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Strategy Transfers 4.8 Billion Yen Worth of Bitcoin to Coinbase, Purpose Unclear

Potential Bitcoin Sale Sparks Discussion

The potential sale of Bitcoin has sparked discussions. Strategy Corp., the leading Bitcoin treasury company, transferred 411.48 BTC, equivalent to 4.8 billion yen, to Coinbase on the 29th. This move has sparked various speculations within the cryptocurrency community. Chairman Michael Saylor of the company, who previously stated that 'Bitcoin will never be sold,' has altered his stance. During the earnings call for the first to third quarter of 2026, he mentioned that Bitcoin might be...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.