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TechFlow, May 21 — According to a social media post by Simon Gerovich, CEO of Metaplanet (3350:JP / $MTPLF), a Tokyo Stock Exchange-listed company, the firm has now become the most shorted stock in the Japanese market. Gerovich questioned: "Do they really think betting against Bitcoin's success is a smart strategy?"
Notably, Metaplanet rose above 780 yen yesterday, gaining 14.6%, and has surged over 100% within one month.
According to a social media post by Simon Gerovich, CEO of Metaplanet (3350:JP / $MTPLF), a Tokyo Stock Exchange-listed company, the firm is currently the most shorted stock in the Japanese market. Gerovich questioned, "Do they really think betting against Bitcoin's failure is a smart strategy?" Metaplanet reportedly rose above 780 yen yesterday, up 14.6%, and has gained over 100% in one month.
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