The CEO of Metaplanet says the US is touching off 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 Eve Party in Miami on Tuesday, Gerovich said Japan would be sure to follow if Trump establishes a US Bitcoin reserve.
Trump Bitcoin Reserve to Start a Movement
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
Gerovich seemed to drop a reference to Saifedean Ammous’ popular tome on cryptocurrency, “The Bitcoin Standard.”
“I’m slowly but surely seeing Bitcoin becoming a topic of discussion at the highest levels of government. Corporations around the world are beginning to adopt it as a Bitcoin standard,” Gerovich said.
The Metaplanet CEO is hopeful Trump will follow through with plans to establish the vaunted US Bitcoin reserve:
“I think the Bitcoin community in the US helped elect the president. So hopefully President Trump will do what he has said that he will—to make Bitcoin a strategic reserve,” the CEO said.
Furthermore, he predicted the move will validate Bitcoin as a national resource for other countries and create urgency for other governments to join the race.
“Countries around the world will follow,” Gerovich said. “Japan is one of those countries where they do look to the US as sort of their big brother
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Author: W. E. Messamore