Metaplanet CEO slams rumors of massive bitcoin dump

Simon Gerovich isn't backing down from his treasury strategy. The Metaplanet CEO took to social media to shut down whispers that the Japanese investment firm liquidated $320 million worth of bitcoin. It's the kind of FUD that spreads fast, but the numbers tell a different story. Gerovich confirmed the company still controls its stash of 43,000 BTC, making it one of the most aggressive corporate accumulators in Asia. They've spent months mirroring the MicroStrategy playbook, issued debt to buy more, and survived the recent market volatility without flinching. This denial comes as the firm continues to pivot its entire balance sheet toward the digital asset. It's a high-stakes bet on Tokyo's corporate future, and Gerovich wants everyone to know they're still playing the long game. Will shareholders continue to reward this diamond-hands approach if the market takes another dip?
Read full story at CoinDesk →