• Metaplanet CEO rebuts critics over bitcoin strategy and transparency Simon Gerovich defends disclosure standards, options trading model, and hotel operations. • What to know: Simon Gerovich defended Metaplanet’s transparency, options based Bitcoin strategy, and accounting approach. • Gerovich said all Bitcoin purchases were disclosed in a timely manner, and maintained that criticism based on unrealized losses or market timing reflects a misreading of the company’s long term strategy. • Simon Gerovich, CEO of Metaplanet (3350), has responded to online criticism of the Tokyo-listed bitcoin treasury company, as bitcoin is down almost 50% from its October all-time high and now trading near $67,000, while Metaplanet shares have fallen roughly 85% from their 2025 all-time high. • Addressing anonymous critics, Gerovich said, “It’s easy to hide behind anonymous accounts, criticize others, and incite outrage without taking any responsibility.” Gerovich added, “I have no qualms about taking public responsibility for all my statements and Metaplanet’s actions.” 匿名アカウントの裏に隠れて、何の責任も負うことなく他者を非難し、炎上させることは簡単です。しかし、私は自らの発言とメタプラネットの行動すべてに対して公の場で責任を負うことに何の抵抗もありません。そのため、寄せられている各主張に対して、直接お答えします。…https://t.co/e0ieMGq29N Metaplanet uses options, specifically selling put options and put spreads, to generate premium income and potentially acquire bitcoin below the prevailing market price. • Defending this approach, Gerovich said, “Selling put options is not a bet on bitcoin’s price rising.” Gerovich explained that the strategy is designed to lower the company’s effective purchase cost and monetise volatility.
Article Summaries:
- Metaplanet CEO Simon Gerovich has publicly rebutted online critics who question the company’s bitcoin strategy and transparency. Gerovich said all bitcoin purchases are disclosed promptly and that the firm’s use of put‑option sales is a systematic accumulation tactic, not a speculative bet on price rises. He highlighted real‑time wallet disclosures and repeated purchase announcements, calling Metaplanet “one of the most transparent listed companies.” Gerovich also dismissed concerns about market timing, defended the profitability of the hotel division, and argued that net profit is an inappropriate metric for a bitcoin‑treasury business. Metaplanet’s shares are trading near 307 ¥, down roughly 85 % from their 2025 peak.
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