Metaplanet Responds to JPX Regulatory Update Consultation: It Does Not Affect the Advancement of Its Bitcoin Strategy, With More Than 216,000 Japanese Shareholders Already Participating

BTC-1,02%

Gate News message, April 5, in response to the Japanese exchange (JPX) announcement to postpone the inclusion in an index of companies whose main assets are cryptocurrencies and to solicit public feedback, Metaplanet, a Bitcoin treasury-listed company in Japan, CEO Simon Gerovich posted on the X platform. Simon Gerovich said the company respects the relevant procedures and will actively participate. This will not affect Metaplanet’s progress on its Bitcoin strategy and ecosystem positioning. He added that Metaplanet was originally established to provide Japanese investors with a channel to access Bitcoin in a compliant way through a company listed on the Tokyo Stock Exchange, but the company’s strategy goes beyond asset allocation. Metaplanet will drive the development of Japan’s Bitcoin ecosystem through the “Project Nova” initiative, including setting up operating businesses and investing in industry partners. To date, more than 216k Japanese shareholders have participated in this strategy. Simon Gerovich emphasized that Metaplanet will continue constructive communication with all parties, including JPX, to improve the market’s understanding of Bitcoin and the company’s role in Japan’s financial system.

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