Metaplanet faces the main short pressure while challenging Bitcoin Bean bears

Financial drama has global attention as it has become metaplanet inc. The leading Bitcoin Treasury company in Asia is the most stock in Japan.

Data subscriber On X by the CEO of Compane Simon Gerovich, more than 25 % of Metaplanet shares have been borrowed for short positions, which paves the way for what some encryption community feels can be short pressure similar to Gamestop, but this time backed by Bitcoin.

BTC strategy records growth registration

The rapid climb from Metapanet from the guest company to the largest BTC holder in Japan made a party on the maximum bitcoin crowd and the goal of institutional suspicion.

On May 18, the company reported a record number about 877 million yuan ($ 6 million) in the revenue of the first quarter, with 88 % rising to the Bitcoin strategy.

It has also increased its shares of encryption assets by nearly four times since January, with the last purchase of 1004 BTC for more than $ 104 million, with a fully bastard of 7800 BTC worth more than $ 800 million. On the same day, Michael Silor’s strategy also announced the purchase of 7,390 BTC, which prompted its shares to 576,230 BTC.

However, instead of enhancing the investor confidence in all fields, pushing the Crypto Company axis from Tokyo to a heavy wave of short attention. Japanese bond revenues, such as 30 -year -old JGB, which reaches 3.14 % on May 20, seem to have sparked Habboudia’s risks, including heavy cryptocurrencies like metaplanet.

Over the past seven days, the company’s shares have decreased by 12.84 %, indicating early success for the sellers. However, they seem to reduce the estimation of the momentum of retail and institutional momentum, and the direction may be reflected quickly.

The risk of short pressure escalates

In two consecutive days, the price of the Metaplanet share moved to the daily limit, and was stopped on both days, as it was closed at 933 yen on May 21. The parking operations, which have caused the stock market cutters in Tokyo, prevented from leaving their positions, which are likely to be slow in a slow basin.

Bitcoiners now gather behind metaplanet, similar to the madstop 2021 madness, but with one decisive difference: Metaplanet is supported by Bitcoin, not Meme stock noise.

“Metaplanet Mtplf will be GME for 2021,” the analyst analyzes the chicken genius. “Except this time, with the support of the most difficult cash hedge in the world. Bitcoin.”

On May 20, CEO Jerovich subscriber The list of his company OTC witnessed an increase in the ranking, as it jumped to third place under the size of the dollar and the fourth, according to commercial charges through more than 12,000 companies.

What makes the current gameplay more is the metaplanet strategy. As a member of society, MacROCOCOICS maleThe business takes advantage of the sales strategy in the future of Bitcoin either to obtain BTC with a deduction or generation of income for more purchases, thus improving Bitcoin’s return without debt.

Therefore, although the open sellers may view the organization as excessive, its basics and market morale tell a different story.

X user warned: “Imagine Metaplanet is short on TSE and the inability to close your short situations in the past two days due to the maximum stop.”

With the company’s shares being imprisoned in the territorial lands, merchants are preparing for another height when the trading resumes. And if the retailers join the assembly, as they did with Gamestop, the pressure can increase, forcing the sellers exposed to coverage at higher prices.