Metaplanet CEO responds to inaccurate information disclosure: all purchases are disclosed immediately, and all Bitcoin holding addresses are made public.

On February 20th, Simon Gerovich, CEO of Japan’s Bitcoin Crypto Treasury (DAT) company Metaplanet, issued a statement in response to anonymous accounts accusing him of “dishonest information disclosure.” Simon Gerovich stated that he and Metaplanet are willing to take public responsibility for all words and actions, and that their long-term systematic Bitcoin accumulation strategy remains unchanged. Over the past six months, as market volatility increased, Metaplanet increased its allocation to income-generating activities by selling put options and spread strategies to earn premiums, and allocated some funds for long-term Bitcoin holdings. All Bitcoin purchase activities are disclosed immediately after decisions are made, with all company Bitcoin addresses made public, allowing shareholders to view holdings in real-time dashboards. In response to the accusation of “buying at high points in September and not disclosing,” Simon Gerovich explained that in September last year, the company made four Bitcoin purchases, all of which were promptly announced. The company’s strategy is not market timing but long-term, systematic accumulation of Bitcoin. Additionally, selling put options is not merely a bullish bet but a way to acquire Bitcoin at an effective cost below the spot price. The recurring losses mainly stem from unrealized fair value fluctuations of long-term holdings that are not intended to be sold. Interpreting these as strategic failures is a misunderstanding.