Metaplanet CEO: We will keep accumulating BTC and never sell

Simon Gerovich, CEO of the Japanese listed company Metaplanet, affirmed in a letter to shareholders that the company will maintain its strategy of accumulating Bitcoin despite its recent price plunge. He acknowledged that BTC is highly volatile, a fact all holders must accept. Gerovich explained that Metaplanet's investment is driven by Bitcoin's limited supply, increasing adoption, and its characteristics as a store of value, though he noted this does not eliminate the pain of a decline in asset value. He added his personal belief that BTC has likely formed a bottom around the $60,000 level. However, Gerovich stressed that the company's strategy remains unchanged regardless of price movements, stating that Metaplanet will continue to accumulate BTC and will not sell under any circumstances.