Simon Gerovich, the CEO of the Japanese listed company Metaplanet, which adopts the Bitcoin treasury strategy, stated on platform X that the company's stock may be the most shorted among Japanese listed companies, but this strategy may not succeed. Do short sellers really think shorting Bitcoin is a successful strategy? Trading data shows that yesterday, Metaplanet's OTC Trading volume ranked third among 12,000 companies, with a volume ranking of fourth. As of now, the company's Bitcoin Holdings have reached 7,800 coins, worth approximately 833 million USD.
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Simon Gerovich, the CEO of the Japanese listed company Metaplanet, which adopts the Bitcoin treasury strategy, stated on platform X that the company's stock may be the most shorted among Japanese listed companies, but this strategy may not succeed. Do short sellers really think shorting Bitcoin is a successful strategy? Trading data shows that yesterday, Metaplanet's OTC Trading volume ranked third among 12,000 companies, with a volume ranking of fourth. As of now, the company's Bitcoin Holdings have reached 7,800 coins, worth approximately 833 million USD.