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The birth of a Japanese version of MicroStrategy!?

(要約記事)
東京証券取引所に上場している投資・コンサルティング会社のメタプラネットは、ビットコインを企業の主要な財務資産として位置づけることを発表しました。 同社は4月に約1 billion円相当のビットコインを購入し、今後も継続的にビットコインを買い増す計画であると代表者が表明しています。この動きは、円安進行に伴う通貨リスクを回避し、ビットコインの更なる普及を見据えた戦略的な判断によるものです。メタプラネットはビットコインへの投資を拡大することで、日本の金融業界におけるデジタル資産分野のリーダーを目指しています🪙📈
#暗号株 #暗号連動株 #Bitcoin #ビットコイン #日本版マイクロストラテジー?
(元記事)
May 15, 2024 / 5:00 PM
lannett co inc representative listed on the Tokyo Stock Exchange plans to continue buying bitcoin. Massive purchases of BTC were just the beginning. [Exclusive coverage] Interview
Tokyo Stock Exchange listed companies are buying Bitcoin like crazy.

Such a 'future' has finally arrived. Metaplanet, a company listed on the Tokyo Stock Exchange Standard (TSE:S3350), announced a sudden 'announcement of Bitcoin purchase' on April 8th. After the IR announcement, the stock price of the company, which had been below 20 yen since last autumn, soared and briefly exceeded 40 yen.

A leading example to predict future developments is the US listed company MicroStrategy. Originally an IT company engaged in research business, the company declared to buy Bitcoin in August 2020. Since then, it has transformed into the world's first 'Bitcoin company' and its stock price has skyrocketed. While there were criticisms and praises as it repeatedly borrowed to accumulate Bitcoin, the current stock price has increased tenfold from the beginning.

Michael J. Saylor, the CEO of MicroStrategy, is a die-hard Bitcoin advocate.
Even during the prolonged bear market, the representative of MicroStrategy continues to buy Bitcoin and actively promotes 'Bitcoin support' in his own ex-Twitter account. He is famous for leading MicroStrategy, which holds one trillion yen worth of Bitcoin, as the 'most charismatic Bitcoin advocate'.

However, the question of whether Metaplanet can become the "Japanese version of MicroStrategy" is a concern for Japanese investors.

So, Coin Telegraph Japan visited the office of Simon Gellwitch, the CEO and major shareholder of Metaplanet, to investigate the truth behind the "big buy of Bitcoin" and the future prospects.

CoinTelegraph JP: Are you aiming for the "Asian version of MicroStrategy"?

Mr. GerovitchMetaplanet has changed its strategy to focus on long-term accumulation of Bitcoin. We believe that this is the most valuable thing for our shareholders. Therefore, we will explore various options to acquire additional Bitcoin.

Becoming the Japanese version of MicroStrategy may be a high hurdle, but we want to provide Japanese investors with the opportunity to engage in Bitcoin investment through a similar strategy as ours. Buying and selling Bitcoin indirectly through Metaplanet shares can be more tax-efficient than trading Bitcoin on a cryptocurrency exchange.

Cointelegraph JPI have purchased approximately 1 billion yen worth of bitcoin so far. How much more bitcoin will I buy in the future?

Mr. GervichRegardless of short-term price fluctuations, I plan to continue buying bitcoin. I recently purchased an additional 0.2 billion yen worth of bitcoin, bringing the total amount spent on bitcoin purchases to 1.2 billion yen. In the future, I want bitcoin to make up a large portion of the balance sheet.



CoinTelegraph JPIs it possible to purchase digital assets other than bitcoin?

Mr. GervichBitcoin only. I consider bitcoin to be the only truly decentralized digital asset. The consensus mechanism known as "proof of work," which is used to mine bitcoin, is often portrayed as a weakness by supporters of other cryptocurrencies and securities, but in reality, it is one of its greatest strengths. The fact that it is directly linked to the physical world through the input of electricity sets bitcoin apart as a scarce digital asset.

CoinTelegraph JPMetaplanet has raised funds from multiple overseas venture capital.

Mr. GerovitchIn the recent fundraising round, strategic investors such as Sol Ventures, UTXO Management, and Morgan Creek Capital founder Mark Yusko participated. Each of them are investors with extensive networks in the digital asset world. When implementing a bitcoin strategy as Metaplanet, we expect their strategic advice and support. The company also plans to invite some of the new shareholders to Metaplanet's board of directors.

CoinTelegraph JPHow to differentiate if a Bitcoin ETF appears in Japan.

Mr. GerovitchThere is currently no Bitcoin ETF in Japan. In other words, there is no advantageous way for Japanese investors to access Bitcoin through securities accounts, so Metaplanet aims to fill this gap.

Unlike ETFs, Metaplanet, as a business company, can access the capital markets and raise funds on terms favorable to shareholders.

As the first publicly traded company in Japan to strongly support the adoption of Bitcoin, it is also a strength that we can disseminate and develop business for Bitcoin to be widely accepted as a global currency asset.

Cointelegraph JPWhere does MetaPlanet's growth come from besides Bitcoin purchases?

Mr. Gero VichMicroStrategy's stock is trading at a premium of 1.75 times its Bitcoin holdings. We believe that similar premiums can be enjoyed by maximizing the amount of Bitcoin per share at MetaPlanet. We also plan to explore opportunities to generate additional revenue by conducting business within the Bitcoin ecosystem.

Cointelegraph JPDo you plan to hedge against Bitcoin price fluctuations?

Mr. Gero VichI plan to consider all methods, but basically I'm planning on long-term investment and holding of Bitcoin. I have an unwavering stance towards price fluctuations. I view volatility not only as a 'risk' in the traditional sense, but rather as an opportunity.

cointelegraph jpMicroStrategy Inc is conspicuous in its social media communications. MetaPlannet also plans to enhance its presence on social media platforms.

Mr. GerasimovichMetaPlannet aims to widely spread the positive role that Bitcoin should play to everyone domestically and internationally. While MicroStrategy Inc., led by Michael Saylor, is known as a company that doesn't bend its beliefs, MetaPlannet intends to communicate not only in words but also through actions.

After graduating from Harvard University's Applied Mathematics Department, he worked as a stock derivatives trader at Goldman Sachs and then started his own business. He founded Evolution Capital, a company listed on the Thai stock exchange, and later managed Red Planet Japan, a company listed on the Tokyo Stock Exchange, after being involved in various businesses. Currently, he focuses on the first listed company in Japan focused on Bitcoin, 'MetaPlannet.'
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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