Metaplanet Doubles Down on Bitcoin Strategy Despite Stock Slump

Metaplanet's CEO is pushing back against short-term market jitters, reaffirming the company's bold Bitcoin strategy despite recent dips in its stock price.

Despite recent dips in its stock price and short-term market jitters, Metaplanet’s CEO is pushing back, reaffirming the company’s bold Bitcoin strategy.

Simon Gerovich took to social media to reassure investors that the Tokyo-based firm remains committed to its long-term vision—and that current volatility doesn’t shake their conviction.

“We’ve mentioned before that Metaplanet’s stock price has slipped nearly 14% in the past month and is down just over 7% for the year,” Gerovich said. “But to offer some perspective, this pullback follows a massive surge in share value—more than 850%—since we began converting our treasury into Bitcoin in early 2024.”

He added that the company is aware some investors are uneasy with the price movement and they hear those concerns. “But our mission is far bigger than daily fluctuations—we’re building lasting value through a Bitcoin-first strategy.”

And that strategy includes consistent accumulation of BTC. Just last week, Metaplanet added another 330 Bitcoin to its balance sheet, bringing total holdings to 4,855 BTC—worth approximately $430 million—making it Asia’s top institutional holder of Bitcoin and placing it among the global top ten.

The company measures its success using custom metrics tied directly to Bitcoin, such as BTC Yield and BTC Earnings. These indicators track how much Bitcoin the company is gaining per share and how creative financial strategies—like cash-secured put options—are used to expand their holdings. One such move helped Metaplanet acquire $67.9 million in BTC through a $62.7 million put option, netting an extra 2,174 BTC.

Gerovich closed his remarks with a clear message: “We’re not chasing hype. We’re executing a clear plan to become one of the most valuable companies in the world. And we’re just getting started.”