Metaplanet Doubles Down on Bitcoin Accumulation Strategy Despite Stock Plunge

Metaplanet CEO Simon Gerovich affirmed the company’s commitment to its Bitcoin-first strategy on Friday, even as the Tokyo-listed corporate crypto whale faces mounting losses on both its stock price and balance sheet amid a severe crypto market downturn. “There is no change to Metaplanet’s strategy. We will steadily continue to accumulate Bitcoin, expand revenue and…

Metaplanet Doubles Down on Bitcoin Accumulation Strategy Despite Stock Plunge