Metaplanet Replies to JPX Consultation, Reiterates Commitment to Bitcoin Strategy

ChainCatcher reports that Simon Gerovich, CEO of Japan-based Bitcoin treasury-listed company Metaplanet, said on X that the Japan Exchange Group (JPX) has postponed adding companies whose primary assets are cryptocurrencies to its indices. Gerovich said he respects the review process and will engage proactively, adding that the move will not slow Metaplanet's push to expand its Bitcoin strategy and build out its ecosystem. He said Metaplanet was established to give Japanese investors a compliant way to gain Bitcoin exposure via Tokyo Stock Exchange-listed companies, while stressing that the firm's approach goes beyond simple asset allocation. Under "Project Nova," Metaplanet plans to accelerate the growth of Japan's Bitcoin ecosystem by scaling operating initiatives and investing in industry partners. Gerovich said more than 216,000 Japanese shareholders have participated so far. He added that the company will continue constructive dialogue with JPX and other stakeholders to deepen market understanding of Bitcoin and Metaplanet's role in Japan's financial system.