Metaplanet CEO: Stock Price Decline Will Not Affect Continued BTC Accumulation, Drawing on Amazon’s Historical Experience and Remaining Optimistic About Market Fundamentals
Foresight News reported that Simon Gerovich, CEO of Japanese Bitcoin treasury company Metaplanet, stated on the X platform that the company's stock price has indeed experienced a significant decline, which is very painful for the team, shareholders, and himself personally. However, looking back at the internet bubble in 2000, Amazon's business was actually very strong, but its stock price also suffered a sharp drop. This is because fundamentals and stock prices often diverge, sometimes for months, and sometimes even longer. Bitcoin itself has also experienced multiple declines of 70% to 80%, but its fundamentals have been irreversibly strengthening. Therefore, Metaplanet will continue to accumulate Bitcoin and will persistently execute its strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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