The Pomp Podcast

#1512 Simon Greovich | Bitcoin Made Metaplanet Stock EXPLODE

18 snips
Mar 24, 2025
Simon Greovich, President & CEO of Metaplanet, shares his insights on how adopting a Bitcoin standard transformed his company's fortunes. He delves into the unique financial landscape of Japan and the strategic approaches to capital raising in cryptocurrency. Greovich highlights the potential of Bitcoin in reshaping traditional finance, particularly its growing acceptance among major banks. He emphasizes the importance of educating Wall Street and discusses innovative metrics for evaluating Bitcoin's performance in a rapidly evolving market.
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ANECDOTE

Metaplanet's Bitcoin Adoption

  • Simon Greovich, Metaplanet's CEO, recounts their COVID-era pivot to Bitcoin.
  • Facing zero revenue, they adopted Bitcoin as a treasury reserve asset in April 2023.
INSIGHT

Metaplanet as Bitcoin Proxy

  • Metaplanet became a proxy for Bitcoin in Japan due to accessibility issues.
  • Japanese investors, facing low interest rates, found it easier to buy Metaplanet shares than acquire Bitcoin directly.
ADVICE

Capital Raising Strategy

  • Metaplanet utilizes a moving strike warrant, similar to an at-the-market offering, to raise capital.
  • This workaround allows them to function like an ATM structure, unavailable in Japan.
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