Metaplanet Chief Executive Officer Simon Gerovich reaffirmed his long-term approach to Bitcoin on Aug. 31, rejecting the idea of treating the cryptocurrency as a short-term trading asset. Responding on X, formerly Twitter, to a user considering how to recover an initial Bitcoin investment, Gerovich wrote, "Bitcoin is not something you sell." The user also said Metaplanet appeared to lack a separate exit strategy for its Bitcoin holdings, highlighting the choice individual investors face between taking profits near a market-cycle peak and continuing to hold spot Bitcoin. A Shutterstock photo accompanied the article, which was attributed to Minseung Kang.