Metaplanet responds to "dishonest information disclosure": Not consistent with the facts, the long-term systematic strategy of increasing BTC holdings remains unchanged

Deep Tide TechFlow News: On February 20th, Simon Gerovich, CEO of Japan’s Bitcoin Treasury Company Metaplanet, posted on the X platform in response to anonymous accounts inciting public opinion without accountability and accusing the company of “dishonest information disclosure.” He stated that these claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all statements and actions. The company’s long-term systematic strategy of increasing Bitcoin holdings remains unchanged. Simon Gerovich mentioned that over the past six months, amid rising volatility, the company has increased its allocation to yield-generating activities by selling put options and spread strategies to collect premiums, and has allocated part of its funds for long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately after decisions are made, with all company Bitcoin addresses made public, allowing shareholders to view holdings in real-time dashboards. Regarding the accusation of “buying at high points in September and not disclosing,” he stated that the company made four Bitcoin purchases in September, all of which were announced promptly. The company’s strategy is not market timing but long-term, systematic accumulation of Bitcoin. Additionally, selling put options is not merely a bet on price increases 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-held Bitcoin that are not sold; interpreting these as strategic failures is a misreading.