Simon Gerovich, CEO of Metaplanet, just shared a powerful reflection on the company’s year-long Bitcoin journey. In a post on X, he revealed that Metaplanet’s Bitcoin holdings. That has surged from just 246 BTC to 16,352 BTC, a 66x increase since the 2024 market crash.
“At the time, we held just 246 BTC and the stock had dropped 70% in six trading days,” Gerovich wrote. “Today, we hold 66 times more Bitcoin. Internally, we are smarter, stronger, and more efficient than ever.” The update comes nearly a year after the firm’s stock price plummeted from ¥300 to ¥89. Now, thanks to a focused accumulation strategy, Metaplanet stands as a rising corporate giant in Asia’s Bitcoin ecosystem.
Doubling Down on Bitcoin
The company hasn’t wavered. In fact, it’s moving faster. Just last week, Metaplanet added 797 BTC, bringing its total Bitcoin holdings to 16,352 BTC. That’s worth over $1 billion, making the firm one of the largest public Bitcoin holders globally.
Gerovich made it clear that the vision remains unchanged: “We are still here, still building, and still executing the strategy we laid out 15 months ago—with every milestone delivered.”
He reiterated Metaplanet’s goal to become Asia’s leading Bitcoin company, with a focus on long-term accumulation and ecosystem expansion. Initiatives like Bitcoin Magazine Japan are part of the plan to onboard more people into Bitcoin through education and content.
Resilient, Despite Volatility
Metaplanet’s comeback has surprised many investors who once doubted its bold, Bitcoin-heavy approach. But Gerovich believes the strategy is built for the long haul even if the road gets rough. “The road to the 1% club will be volatile, in both directions,” he said. “Thank you for your continued support and belief in our mission.”
Investors seem to be listening. The company’s transparency, combined with consistent Bitcoin buying, has helped restore confidence. While broader crypto markets remain volatile, Metaplanet’s focus offers a rare signal of conviction.
Reference: Gerovich on X, “At the time, we held just 246 BTC and the stock had dropped 70% in six trading days, from ¥300 to ¥89.”
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