<ul><li>Metaplanet Inc., Asia’s leading Bitcoin treasury company, is Japan’s most shorted stock with over 25% of shares borrowed for short positions.</li><li>Metaplanet reported record revenue of ¥877 million in Q1, with 88% attributed to its Bitcoin strategy and holdings of 7,800 BTC valued at over $800 million.</li><li>Short sellers underestimated retail and institutional momentum, leading to a potential slow-motion squeeze for Metaplanet stock, which saw consecutive daily limit-up halts on the Tokyo Stock Exchange.</li><li>Backed by Bitcoin, Metaplanet is garnering support from Bitcoiners and could intensify the short squeeze if retail investors join the rally, similar to the GameStop frenzy of 2021.</li></ul>

Metaplanet Faces Major Short Squeeze as Bitcoin Bet Defies Bears

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