Metaplanet CEO refuses to blink even as Bitcoin sentiment hits rock bottom. In fact, he is doubling down on BTC accumulation.
In the face of one of the roughest crypto sell-offs since the dark days of 2022, Metaplanet CEO Simon Gerovich made it crystal clear: the company’s Bitcoin-first playbook isn’t changing.
“There is no change to Metaplanet’s strategy,” he posted on X.
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He went on to add that the company will steadily continue to accumulate Bitcoin, expand revenue, and prepare for the next phase of growth.
Metaplanet’s shares on the Tokyo Stock Exchange took a hit, closing down about 5.56% at 340 yen (roughly $2.16) on Friday. The slide has been ongoing since mid-January, reflecting the brutal pressure on anything tied to crypto right now.
Metaplanet CEO’s Bitcoin Confidence
Even so, Metaplanet remains a big name in the corporate Bitcoin space. The company ranks fourth among public companies holding BTC treasuries, sitting on 35,102 Bitcoin as of the latest reports from BitcoinTreasuries.NET.
Bitcoin itself has cratered roughly 50% from its October 2025 all-time high around $126,000 and is now trading in the mid-$60,000s amid heavy liquidations. The Crypto Fear & Greed Index has plunged to levels not seen since the Terra Luna meltdown.
Other big Bitcoin treasury players are feeling the pain too. Strategy (the top corporate holder) posted a massive $12.4 billion net loss in Q4 2025 after Bitcoin dipped below its average buy-in price of $76,052. Shares tanked 17% on the earnings call day, though the company insisted its balance sheet stays rock-solid with no big debt due until 2027 and they even scooped up another 855 BTC worth about $75 million recently.
Metaplanet isn’t backing off either. With an average cost basis around $107,716 per Bitcoin, the holdings are deep in unrealized loss territory for now, but the firm shows zero signs of selling or dialing back.
In fact, Metaplanet recently greenlit a $137 million overseas raise specifically aimed at grabbing more Bitcoin and trimming debt.
The pressure isn’t limited to Bitcoin-only plays. Ethereum treasury outfits like Bitmine are underwater by billions on their Ether stacks as well.
