While MicroStrategy continues to make a name for itself with its Bitcoin (BTC) purchases, Japan-based Metaplanet is also on its way to becoming Asia’s MicroStrategy.
As Metaplanet increases its BTC purchases, the company’s CEO Simon Gerovich made important statements at Michael Saylor’s New Year’s Eve Party in Miami.
Gerovich said that the US’s plans to create a Bitcoin reserve have set off an international race.
The famous CEO said that he believes that Japan and other Asian countries will follow the US if US President-elect Donald Trump implements his plan to establish a national Bitcoin reserve.
Stating that Japan’s debt crisis and currency fluctuations have prompted companies like Metaplanet to buy Bitcoin as a hedge against economic uncertainty, Gerovich said that it is important to treat Bitcoin as a reserve asset.
“We have seen Bitcoin become a serious topic of discussion among government officials and companies around the world in 2024. Companies around the world are starting to adopt Bitcoin as a standard.
2024 will go down in history as the year when Bitcoin adoption began on a larger scale.
The year 2025 will also be very important. I hope President Trump keeps his promise on Bitcoin. If he keeps his promise, countries around the world will follow this strategy.
Japan is one of those countries where they look at the US as a kind of big brother. So if President Trump adopts Bitcoin as a strategic reserve, Japan and many other countries in Asia will do the same.”
Speaking about Metaplanet’s Bitcoin strategy, Gerovich said they will continue to buy BTC: “We decided to buy Bitcoin in April and what we want to do now is accumulate more Bitcoin for our shareholders over time.”
*This is not investment advice.
