Simon Gerovich, CEO of Metaplanet, has confidently declared that the company will steadfastly pursue its long-term Bitcoin
$ 88,518 strategy, aiming to reach a total of 10,000 BTC by the end of 2025. According to a comprehensive letter sent to shareholders, Metaplanet currently holds 4,855 BTC, making it the largest public Bitcoin investor in Asia and the tenth largest globally. Gerovich emphasized that, despite market volatility, the company prioritizes increasing the amount of Bitcoin per share and enhancing corporate value over short-term price fluctuations.
Metaplanet Relentlessly Continues Its Bitcoin Accumulation
According to Gerovich, Metaplanet’s main strategic goal is to increase its Bitcoin reserve to 10,000 by year-end. In just one year, the company has grown its BTC holdings to 4,855, securing the top spot in Asia and entering the global top ten. This aggressive growth indicates that Metaplanet is not just a cryptocurrency investor but has also undergone a structural shift in adopting Bitcoin as a corporate reserve asset. The company is expected to catch up to and surpass El Salvador’s Bitcoin holdings in the near future.
Metaplanet Bitcoin
The 119.3% increase in Bitcoin per share since the beginning of the year reinforces confidence in the company’s performance. This figure significantly exceeds the targeted 35% growth per quarter. Gerovich noted that this metric is not merely an accounting figure but a fundamental success indicator that directly impacts shareholder wealth.
Surge in Shareholders, Institutional Interest Grows
Metaplanet’s insistence on its Bitcoin strategy has resonated significantly with investors. By the end of 2023, the number of shareholders, previously below 10,000, has approached 65,000 by March. This means the company’s investor base has grown sixfold in just three months. This increase in shareholder count reflects a strengthened belief and expectations regarding the Bitcoin strategy.
Institutional investors have also taken notice of this growth. CEO Gerovich mentioned that interest from ETFs and major index funds in Metaplanet has risen, and he regularly conducts one-on-one and online meetings with fund managers worldwide.
Furthermore, Gerovich revealed that the company has generated an additional 2,174 BTC revenue, not limited to spot BTC purchases, with a current market value of approximately 270 billion Japanese yen. This gain clearly demonstrates the company’s active and innovative financial management.