Metaplanet Sold 10,000 Bitcoin and Bought Back 11,000 to Prove a Point
60-second summary
Metaplanet’s CEO Simon Gerovich says the firm sold 10,000 BTC and immediately repurchased 11,000 BTC to demonstrate it can meet future obligations, directly answering rating‑agency doubts about liquidity.
Rating agencies ask if a Bitcoin company will actually sell when obligations fall due. "We answered by doing it," said CEO Simon Gerovich.