Bitcoin (CRYPTO: BTC) has already bottomed and could see a stronger finish to 2026 as Asia emerges as the crypto king’s next major adoption engine, according to Metaplanet (NASDAQ:MTPLF) CEO Simon Gerovich.
Asia’s Untapped Capital Opportunity
Speaking at Bitcoin Asia 2026 on Aug. 29, Gerovich said Bitcoin’s roughly 50% drawdown forced weaker sellers out of the market, while the buyers now entering are likely to have longer investment horizons.
“I believe the bottom is in and I’m expecting a much brighter rest of the year,” Gerovich said.
Metaplanet continued accumulating throughout the downturn and now owns 43,000 BTC, which Gerovich said makes it the world’s third largest publicly traded corporate Bitcoin holder and Asia’s largest.
