Metaplanet's stock price is under short-term pressure, CEO states: Bitcoin strategy has just begun!
Japanese Bitcoin investment giant Metaplanet's recent stock price fluctuations have drawn attention, with a cumulative decline of 16% over the past month. In response to shareholder concerns, CEO Simon Grovich publicly addressed the issue, emphasizing that the company focuses on long-term value, and short-term stock price fluctuations do not signify a failure of strategy.
**Bitcoin holdings firmly in first place in Asia**
Recently, Metaplanet increased its holdings by 330 Bitcoins for $28 million, bringing its total holdings to 4,855 Bitcoins (valued at approximately $430 million), making it the largest corporate Bitcoin holder in Asia and the tenth largest globally. The company's goal is to surpass 10,000 Bitcoins by the end of the year and claims that its Bitcoin growth rate is 'globally leading.'
**Financial strategy outperforms the market**
Through options and other instruments, Metaplanet claims to have 'over-collected' Bitcoin worth $67.9 million with $62.7 million in collateral, accumulating an additional 2,174 Bitcoins. Its key metric 'BTC yield' has reached 119.3% this year, far exceeding the quarterly target of 35%, meaning the number of Bitcoins corresponding to each shareholder has doubled.
**CEO: Long-term value outweighs short-term fluctuations**
Grovich acknowledged the stock price fluctuations but pointed out that the number of shareholders has increased sevenfold, with institutional interest continuing to rise. He reiterated that the company's strategy focuses on 'per share Bitcoin growth,' rather than short-term market reactions: 'The stock price will eventually return to fundamentals — we have just begun.'
