Metaplanet has skyrocketed over 4,800% in the past year as it embraces a Bitcoin-first treasury strategy, holding 7,800 BTC valued over 800 million USD.
Despite the remarkable gains, investor caution has increased over the sustainability of Metaplanet’s valuation, triggering a rise in short selling in Japan.
With trading restrictions in place, short sellers are exploring less liquid international markets, suggesting a looming global short squeeze.
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