Japanese investment firm Metaplanet reaffirmed its commitment to Bitcoin accumulation despite the cryptocurrency’s sharp decline. CEO Simon Gerovich stated the strategy remains unchanged as the company’s stock fell and its Bitcoin holdings faced significant unrealized losses alongside other major corporate treasuries.
Metaplanet CEO Simon Gerovich confirmed the company’s Bitcoin strategy continues unabated during a major market downturn. “[T]here is no change to Metaplanet’s strategy. We will steadily continue to accumulate Bitcoin, expand revenue and prepare for the next phase of growth,” Gerovich said on Friday.
The company’s stock on the Tokyo Stock Exchange closed down 5.56% at approximately $2.16. Metaplanet holds 35,102 Bitcoin, ranking it as the fourth-largest public company treasury according to https: .
Bitcoin has fallen roughly 50% from its October 2025 all-time high of $126,080. Market sentiment hit its lowest point since May 2022, with $1.844 billion in long positions liquidated on Thursday alone.
Corporate Bitcoin holders are reporting substantial losses on their balance sheets. Strategy, the largest public holder, recorded a $12.4 billion net loss last quarter as Bitcoin traded below its average purchase price of $76,052.
Strategy disclosed it purchased an additional 855 Bitcoin worth about $75 million on Monday. Similarly, Metaplanet has not indicated plans to sell its holdings, which have an average cost of $107,716 per BitcoinTreasuries.NET.
Other crypto asset treasuries are also under pressure. Ethereum holder Bitmine reportedly sits on more than $8.25 billion in unrealized losses from its Ether holdings.
