To our partners, institutional clients, and the broader digital asset community:

In the interest of transparency and to minimize unnecessary market speculation, Base58 Labs is issuing this notice in advance of a planned treasury action involving a portion of the company’s long-held Bitcoin reserves.

Following final approval by the Board and the Executive Committee, Base58 Labs has authorized the mobilization of 2,000 BTC from a historical treasury position that has remained dormant since 2010 under strict cold-storage custody.

In the coming days, these assets may be observed moving on-chain as part of a controlled internal treasury process. This activity should not be interpreted as opportunistic selling or a market exit, but rather as a strategic capital reallocation intended to support the company’s next phase of development.

The capital generated through this transaction is expected to be allocated toward a next-generation institutional digital asset infrastructure initiative currently in the final stages of internal development, including the continued expansion of our proprietary execution capabilities.

Base58 Labs remains committed to disciplined capital management, long-term planning, and the development of durable infrastructure for digital asset markets. Additional information regarding this initiative will be provided following completion of the transaction, as appropriate.

The Executive Team
Base58 Labs