According to Odaily Planet Daily, Simon Gerovich, CEO of Japanese Bitcoin treasury company Metaplanet, responded to the company's recent poor stock performance in a post on the X platform. He said:

1. The disclosure of the September-October Bitcoin purchase window is only because the company must define the regulatory window, but it is not a hard limit on the execution schedule. The purchase of Bitcoin will prioritize speed while considering market impact and balancing three factors: maximizing BTC returns, minimizing the market's impact on Bitcoin prices, and optimizing Bitcoin revenue business.

2. Short selling stocks and covering short positions with issued shares is illegal. Every broker in Japan clearly states this. The 30% drop in Metaplanet's stock price was clearly not planned or intended by the company, and it is impossible to publicly speculate on specific market activities.

3. A large portion of the funds Metaplanet is exposed to comes from institutional investors who only take long positions.

4. If mNAV falls below 1x, Metaplanet's Bitcoin yield will be negatively impacted. At that time, options such as issuing preferred shares will be evaluated, and stock repurchases may also be conducted.