Metaplanet CEO Remains Confident Despite Bitcoin Price Drop

Despite a recent decline in its share price, Metaplanet CEO Simon Gerovich maintains his company’s strong commitment to Bitcoin. He addressed investor concerns about stock performance, emphasizing the firm’s long-term vision and strategy for achieving global value dominance. The company’s focus on Bitcoin as a core asset has led to significant growth, with their holdings increasing significantly since April 2024. Gerovich stated that they are focused on building long-term institutional value rather than short-term stock fluctuations. He also highlighted the firm’s recent acquisition of an additional 330 BTC worth $28 million, solidifying its position as one of the leading Bitcoin holders in Asia and globally.