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“Betting Against Bitcoin?” Metaplanet CEO Asks Hedge Funds On Stock Short

source-logo  coingape.com 21 May 2025 05:30, UTC

Metaplanet stock has come on the radar of hedge funds following a massive 33% gain over the past week, and a 121% gain on the monthly chart. With the stock now trading at a yearly high of 783 JPY, short bets have shot up significantly. CEO Simon Gerovich noted that betting against the Japanese firm is like betting against Bitcoin.

coingape.com