Seismic BTC Shift: Asia to Follow US in Bitcoin Reserve: ‘MicroStrategy of Japan’ CEO

Metaplanet CEO says US is starting an international race for BTC reserves.

Crypto analysts have dubbed the Japanese venture capital fund the “MicroStrategy of Japan” for its voracious Bitcoin purchases.

In an interview at Michael Saylor’s New Year’s party in Miami on Tuesday, Gerovich said Japan would surely follow if Trump establishes a US Bitcoin reserve.

Trump Bitcoin Reserve to start a move

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

Nation state entering FOMO pic.twitter.com/eH4dNIflwY

— Simply Bitcoin (@SimplyBitcoinTV) January 1, 2025

Gerovich appeared to drop a reference to Saifedean Ammous’ popular cryptocurrency tome, “The Bitcoin Standard.”

“I’m slowly but surely seeing Bitcoin become a topic of discussion at the highest levels of government. Corporations around the world are starting to adopt it as the Bitcoin standard,” Gerovich said. .

Metaplanet CEO expects Trump to go ahead with plans to build up US bitcoin reserve:

“I think the Bitcoin community in the US helped elect the president. So we hope President Trump will do what he’s said he’s going to do: make Bitcoin a strategic reserve,” the CEO said.

He further predicted that the move will validate Bitcoin as a national resource for other countries and create urgency for other governments to join the race.

“Countries all over the world will follow,” Gerovich said. “Japan is one of those countries where they see the US as a kind of big brother. So I think if President Trump adopts this as a strategic reserve, Japan and many countries in Asia will do the same.”

“I think a lot of countries in Asia (will follow Trump’s example). I think a lot of third world countries in particular will see Bitcoin as a way to favor their own currencies,” he added.

MicroStrategy accelerates BTC accumulation

Metaplanet is following in the footsteps of American technology firm MicroStrategy, making Bitcoin reserves an essential part of its own strategy to maximize the wealth of its investors.

“In April for us, that’s when we decided we wanted to start adopting Bitcoin,” Gerovich said. “And now what we want to do is accumulate more Bitcoin over time for our shareholders.”

In December, Metaplanet made its largest purchase of 619.7 BTC worth about $60.6 million at the time. Virginia-based MicroStrategy, led by founder Michael Saylor, has amassed a total of 446,400 BTC to date.

The business intelligence and cloud-based services company first started buying Bitcoin in August 2020. Saylor credits “The Bitcoin Standard” with radicalizing him in favor of Bitcoin.

Shares of MicroStrategy fell 36% in December, correcting a year of big gains to a 342% annual gain with a 121% six-month gain for MSTR shares.

SPECIAL OFFER (Sponsored) Binance Free $600 (Exclusive to CryptoPotato): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

LIMITED OFFER for CryptoPotato Readers on Bybit – Use this link to register and open a FREE $500 position with any currency!

Leave a Reply

Your email address will not be published. Required fields are marked *