If Trump Adopts Bitcoin, Expect Japan And Others To Follow: Metaplanet CEO

Mitrade
Trending Articles
coverImg
Source: Shutterstock

At Michael Saylor’s high-profile New Year’s Eve $100,000 Bitcoin party in Miami, Simon Gerovich, President and CEO of Metaplanet—often dubbed as Japan’s MicroStrategy—shared his insights on the evolving landscape of BTC adoption among governments and corporations. In an exclusive interview, Gerovich outlined the potential global implications if incoming US President Donald Trump moves forward with establishing a Strategic Bitcoin Reserve (SBR).

Asian Nations Could Follow Trump’s Bitcoin Lead

Gerovich emphasized the gradual yet persistent integration of BTC into high-level governmental discussions and corporate strategies worldwide. “Slowly but surely seeing Bitcoin becoming a topic of discussion at the highest levels of government, corporations around the world beginning to adopt it as a Bitcoin standard,” he stated. He further elaborated on Metaplanet’s strategic pivot towards BTC, noting, “In April for us that’s when we decided that we wanted to adopt Bitcoin and now all we want to do is accumulate more BTC over time for our shareholders. And so 2024 will go down as the year where it all began.”

Addressing the potential influence of Trump’s policies on global adoption, Gerovich expressed confidence in the president-elect’s commitment. “I do think that the Bitcoin community in the US helped elect the president. And so hopefully President Trump will do what he has said that he will, which is to make Bitcoin a strategic reserve,” he affirmed. Gerovich posited that such a move by the US would likely set a precedent, leading other nations to follow suit. “And then countries around the world will follow.”

Focusing on Japan’s role in this anticipated shift, Gerovich highlighted the nation’s tendency to emulate US policies. “Japan is one of those countries where they do look to the US as sort of their big brother and follow in their footsteps. And so I think if President Trump does adopt it as a strategic reserve, then Japan and many other countries in Asia will do the same,” he explained.

He further speculated on the broader Asian and developing world implications, suggesting that BTC adoption could serve as a means for these countries to bolster their currencies. “In a way, it’s sort of like we’re going to see the game theory play out in full circle. […] I think a lot of the third world countries in particular that see, you know, perhaps adopting Bitcoin will be a way to show up currencies. It’s going to be interesting to see,” he added.

Reflecting on recent discussions from the Bitcoin conference in Abu Dhabi, Gerovich revealed, “We got to hear from a lot of the governments in the region. And I think it’s definitely something that is a topic and they are secretly buying kind of behind the scenes. And hopefully they will announce quite soon.” He anticipates that following a strategic reserve declaration by Trump, other nations will publicly acknowledge their BTC holdings. “After President Trump announces the strategic reserve, I think a lot of other countries will say, actually, we own BTC as well.”

At press time, BTC traded at $94,325.

Bitcoin price

Read more

  • Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US Dollar
  • * The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

    goTop
    quote
    Related Articles
    placeholder
    Macro Analysts: Hawkish Japan Could Push Bitcoin Below $70KAnalysts predict Bitcoin may face further declines towards the $70,000 mark if the Bank of Japan raises interest rates as expected.
    Author  Mitrade
    10 hours ago
    Analysts predict Bitcoin may face further declines towards the $70,000 mark if the Bank of Japan raises interest rates as expected.
    placeholder
    Fed Cuts Rates: Bitcoin Rallies Then Retreats - Bear Market Ahead?TradingKey - Fed Rate Cut Fails to Buoy Bitcoin, Signaling Bull Market's End?Early on December 11,the Federal Reserve delivered an expected 25 basis point rate cut.Bitcoin (BTC) briefly surged to $94,
    Author  TradingKey
    Dec 11, Thu
    TradingKey - Fed Rate Cut Fails to Buoy Bitcoin, Signaling Bull Market's End?Early on December 11,the Federal Reserve delivered an expected 25 basis point rate cut.Bitcoin (BTC) briefly surged to $94,
    placeholder
    Bitcoin Breaks Above $94K Again: Is the Bull Market Back?​Bitcoin has reclaimed the $94,000 mark, suggesting a possible short-term bullish uptrend, despite concerns over liquidity.
    Author  Mitrade
    Dec 10, Wed
    ​Bitcoin has reclaimed the $94,000 mark, suggesting a possible short-term bullish uptrend, despite concerns over liquidity.
    placeholder
    With a New $962M Buy, MicroStrategy’s Bitcoin Treasury Climbs Past 660,000 BTCMichael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
    Author  Mitrade
    Dec 09, Tue
    Michael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
    placeholder
    Bitcoin Dips Below $88K as FOMC Meeting Spurs NervesBitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
    Author  Mitrade
    Dec 08, Mon
    Bitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.

    Bitcoin Related Articles

    • Trading Chart Patterns:Ultimate Guide to Price Action
    • How to Day Trade Crypto? Simplest Day Trading Strategy Ever
    • Places that Provide Cheapest Ways to Buy Bitcoin In 2025
    • 10 Best Crypto With Most Potential to Buy and invest in 2025 - Top Picks from Expert Traders
    • Top 10 Bitcoin Mining Apps for Android & iOS During 2024
    • How To Buy Bitcoin In Malaysia? Top 7 Best Crypto Exchanges & Trading Apps

    Click to view more