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

Odaily Planet Daily reports that Simon Gerovich, CEO of Japan’s Bitcoin Treasury Company Metaplanet, responded on the X platform 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 said 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, and the company’s entire Bitcoin addresses are publicly available, 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 in a timely manner. The company’s strategy is not market timing but long-term, systematic accumulation of Bitcoin. Additionally, selling put options is not simply betting on a rise but obtaining Bitcoin at an effective cost below the spot price. The frequent losses mainly stem from unrealized fair value fluctuations of long-term held Bitcoin that are not sold; interpreting this as strategic failure is a misreading.