Metaplanet, Bitcoin Mogul David Bailey Recruited As Strategic Advisor

David Bailey, who has led Bitcoin specialized media and global conferences, has joined Metaplanet as a strategic advisory committee member. The company stated that this appointment would be a key turning point in expanding their Bitcoin-based strategy.

According to foreign media such as CoinPost on the 30th, Metaplanet announced that it newly recruited David Bailey, CEO of BTC Inc., to the strategic advisory group. BTC Inc. is the parent company of Bitcoin Magazine and hosts the world's largest Bitcoin conference annually, and Bailey is a figure who has exerted influence in the industry for a long time.

He has focused on creating the Bitcoin ecosystem since 2012 and has contributed to the expansion of Bitcoin's base, centering on education, media, community, and promoting corporate adoption. Under his leadership, Bitcoin Magazine has established itself as a global specialized media, and the Bitcoin Conference has grown into a major event encompassing industry, policymakers, and investors.

Simon Grobich, CEO of Metaplanet, stated, “Bailey’s dedication to the Bitcoin community and global vision will play a significant role in Metaplanet's leap to becoming a global Bitcoin treasury company,” explaining the background of this recruitment.

The company stated that through this recruitment, they plan to strengthen their advisory team to achieve strategic goals and focus on expanding Bitcoin holdings and developing innovative financial products. They aim to realize long-term shareholder value through this.

Bailey also stated, “Expanding Bitcoin into the capital market is one of the most important global challenges, and Metaplanet is at the forefront of that frontline. I am pleased to be part of this journey and will spare no effort in providing full support.”

Metaplanet officially announced its entry into the Bitcoin treasury business at the end of last year and is accelerating the expansion of the ecosystem by securing the operating rights of Bitcoin Magazine Japan. This advisory recruitment is part of its strategic move and is evaluated as another milestone for strengthening global Bitcoin influence.