
PANews|Oct 03, 2025 01:16
[Metaplanet CEO: Crypto Market Fundamentals Continue to Strengthen, Stock Price Decline Won't Affect Ongoing BTC Accumulation]
Simon Gerovich, CEO of Japan's Bitcoin treasury company Metaplanet, stated on the X platform that while the company's stock price has indeed experienced a significant drop, which is very painful for the team, shareholders, and himself personally, looking back at the internet bubble of 2000, Amazon's business was actually very strong, yet its stock price also saw a sharp decline. This is because fundamentals and stock prices often diverge, sometimes for months, or even longer. Bitcoin itself has also gone through multiple 70% to 80% declines, but its fundamentals have been irreversibly strengthening. Therefore, Metaplanet will continue to accumulate Bitcoin and remain steadfast in its execution.
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