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Metaplanet CEO Reaffirms Bitcoin Accumulation Strategy Amid Share Price Volatility

Metaplanet CEO Simon Gerovich said on Feb. 6 the company will continue steadily accumulating Bitcoin despite acknowledging challenges for shareholders from recent share price performance, BlockBeats reports. He added Metaplanet will keep working to enhance its earning power and prepare for the next growth stage. On Jan. 29, Metaplanet announced a plan to raise $1.37 billion to increase its Bitcoin position, and the company now holds 35,102 BTC, making it the fourth-largest publicly listed Bitcoin holder globally.
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