Metaplanet CEO Addresses Shareholder Concerns Amid Bitcoin Treasury Growth

Metaplanet aims for a 10,000 BTC treasury by 2025 and has seen a 119.3% increase in BTC per share year-to-date. CEO Gerovich reassured shareholders amid a 2.3% price drop, focusing on long-term corporate value over short-term fluctuations. The company has also witnessed substantial growth in its shareholder base and institutional interest in its Bitcoin holdings.

Metaplanet has established itself as the holder of Asia’s largest Bitcoin treasury, currently aiming to achieve a total of 10,000 BTC by the end of 2025. Despite a recent 2.3% decline in share price over a day, and 4.2% over the week, the company’s BTC per share has increased by 119.3% year-to-date, significantly surpassing its quarterly target of 35%.

CEO Simon Gerovich utilised X to reassure stakeholders concerned about the firm’s share price, emphasising a focus on long-term corporate value rather than short-term stock fluctuations. He expressed gratitude to investors who continue to support the company’s vision despite the volatile market conditions. According to Gerovich, this long-term strategy is tracked through key performance indicators that assess the firm’s progress in increasing Bitcoin holdings.

The size of Metaplanet’s Bitcoin holdings is a major area of growth, making it the tenth-largest holder globally, just after Michael Saylor’s Strategy, which holds 6,556 BTC. Recently, Metaplanet has generated an additional 2,174 BTC, equivalent to 27 billion yen, pushing its total holdings to 4,855 BTC. Gerovich anticipates an increase to 10,000 BTC by 2025.

In addition to tracking Bitcoin metrics, Gerovich reported significant growth in Metaplanet’s shareholder base, expanding from 10,000 in December 2011 to 65,000 by March 2013, a testament to investor trust in their strategies. He observed increasing institutional interest in their Bitcoin treasury, with ETFs and indexes beginning to include shares from the firm. Recently, Metaplanet acquired 330 BTC for $28.2 million, further solidifying its dominant position in the market.