Metaplanet CEO: Stock price drop will not affect continued accumulation of Bitcoin
2025-10-03 01:54
According to Odaily Planet Daily, Simon Gerovich, CEO of Metaplanet, a Japanese Bitcoin treasury company, stated in a post on X that the company's stock price has indeed plummeted, which is very painful for the team, shareholders, and himself. However, looking back at the dot-com bubble in 2000, Amazon experienced a sharp stock price drop despite a similarly strong business. This is because fundamentals and stock prices often diverge, which can last for months or even longer. Bitcoin has also experienced multiple declines of 70%-80% in history, yet its fundamentals have continued to strengthen. Therefore, Metaplanet will continue to accumulate Bitcoin and adhere to its strategy.
