Metaplanet CEO Simon Gerovich believes Bitcoin may have found a price floor near $60,000, signaling potential stability after recent volatility.
In a shareholder update posted on X on February 19, 2026, Gerovich stated: “I personally believe Bitcoin may have found a floor around $60,000, though I hold that view with humility. Nobody knows.”
He emphasized that Metaplanet’s strategy remains unchanged despite market drawdowns. The Japanese firm, often called “Asia’s MicroStrategy,” boosted its Bitcoin per share by over 500% throughout 2025. The company now holds 35,102 BTC and has committed to never selling its reserves.
Gerovich highlighted Metaplanet’s sophisticated derivatives program, which allows the firm to acquire Bitcoin at prices better than spot during volatility. “We exist to accumulate Bitcoin and grow Bitcoin per share,” he wrote. “We will never sell our Bitcoin.”
The update comes as Bitcoin has rebounded from lows near $60,000 earlier in February 2026. Gerovich acknowledged short-term pain for holders but expressed long-term conviction: “Over the long term, I have no doubt Bitcoin will be dramatically higher than it is today.”
Metaplanet’s aggressive accumulation has positioned it among the world’s top public corporate Bitcoin holders. The firm raised significant capital through equity and debt in 2025 to fuel its treasury strategy, turning Bitcoin into a core balance-sheet asset amid Japan’s low-yield environment.
Gerovich closed by thanking shareholders and warning that critics are loudest during dips—the exact time when conviction matters most.
As institutional adoption grows, Metaplanet’s “never sell” approach and floor-call add to the bullish signals from major Bitcoin treasury companies.