Trump’s Move to Launch Bitcoin Strategic Reserve Will Inspire Asian Countries, Says Metaplanet CEO

Highlights:

• Metaplanet’s CEO believes Trump’s Bitcoin reserve launch will inspire Japan and other nations to follow suit.
• Metaplanet’s Bitcoin accumulation strategy aims to strengthen shareholder value through long-term growth.
• Bitcoin’s volatility and lack of practical use pose risks for governments adopting it as a reserve.

Simon Gerovich, CEO of Metaplanet, said if President Donald Trump incorporates Bitcoin (BTC) as a strategic reserve, it could inspire other countries, including Japan, to do the same. He shared these insights during a Bitcoin event led by Michael Saylor in Miami.

Gerovich remarked that Bitcoin is gradually becoming a major topic in government and corporate circles. He noted, “corporations around the world beginning to adopt it as a Bitcoin standard.” He added that Metaplanet focuses on accumulating more Bitcoin for its shareholders. Gerovich believes last year will be remembered as the year it all began. 

Gerovich said Japan views the U.S. as a big brother. If Trump takes action, Japan and other Asian nations are likely to follow. He also mentioned that Bitcoin could help stabilize economies in third-world countries. “We’re about to see the full force of game theory in action,” he said.

Gerovich said they talked to regional officials who are secretly buying Bitcoin. He believes that once Trump announces Bitcoin as a reserve, other countries will reveal their Bitcoin holdings too.

JUST IN: Metaplanet says “if President Trump does adopt it as a strategic reserve, then Japan and many other countries in Asia will do the same” at Michael Saylor’s 100K #Bitcoin party 🙌

Incoming Nation State FOMO 🚀 pic.twitter.com/eH4dNIflwY

— Simply Bitcoin (@SimplyBitcoinTV) January 1, 2025

Tokyo-listed Metaplanet is often regarded as Japan’s equivalent of MicroStrategy. The company initiated its Bitcoin strategy in April last year. It now holds 1,762 BTC, worth around $165 million. The company recently reported its best financial performance since 2017, with a return of over 26 times its initial investment. According to Yahoo Finance data, Metaplanet’s shares surged 1,900% over the year. This performance outpaced all Japanese stock indices.

2024 Recap:
– #1 return % in Japan: 2,629%
– ⁠#1 market cap growth in Japan
– 0 to 1,761 $BTC HODL
– #15 listed BTC holder globally
– ⁠1st projected profit since 2017
– ⁠388x volume traded year/year

On to 2025 🚀 pic.twitter.com/NjKkQZgPuj

— Metaplanet Inc. (@Metaplanet_JP) December 31, 2024

Gerovich Confident in Trump’s Bitcoin Promise as U.S. Aims to Lead Crypto Revolution

When asked about the US President-elect adopting Bitcoin as a strategic reserve, Gerovich responded, “Absolutely.” He expressed hope that President Trump would follow through on his promise. 

Trump made Bitcoin a key promise during his campaign. The crypto community is hopeful he will keep this commitment. After winning his second term, Trump has worked to create a more crypto-friendly environment. He has appointed pro-crypto individuals to key financial positions. This suggests a shift in how the industry will be regulated.

Trump said the U.S. wants to lead in crypto. He emphasized not letting China or any other country take the lead. He made this statement while ringing the opening bell at the New York Stock Exchange after his election win.

Bitcoin as a Strategic Reserve Gains Traction

Using Bitcoin as a strategic reserve is becoming more plausible. El Salvador holds around 6,000 BTC, valued at over $567 million, while Bhutan has nearly 12,000 BTC worth $1.1 billion. Both view Bitcoin as a hedge against inflation. Under Trump, the U.S. might adopt a similar strategy, with reports suggesting plans to buy 200,000 BTC annually for five years, totaling one million BTC.

However, Bitcoin carries risks due to its volatility. Prices can change drastically in a short time, making it risky for reserves. Regulations are unclear, and secure systems are needed to prevent hacks. Bitcoin also lacks practical value like gold or oil, and market manipulation is a concern. Governments using Bitcoin could shake up markets, but the rewards are big. After Trump’s win in December, Bitcoin surged 50% to $108,400.