Metaplanet Responds to "False Information Disclosure" Allegations: Claims Are Inconsistent with Facts, Long-Term Systematic Bitcoin Accumulation Strategy Remains Unchanged

Odaily News: Simon Gerovich, CEO of the Japanese Bitcoin treasury company Metaplanet, posted on platform X to respond to an anonymous account's accusations of "dishonest information disclosure" made while inciting public opinion without responsibility. He stated that the related claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all words and actions. The company's long-term, systematic strategy of accumulating Bitcoin remains unchanged. Simon Gerovich indicated that over the past 6 months, against a backdrop of rising volatility, the company has increased its allocation to yield-generating businesses, earning premiums through selling put options and spread strategies, and using part of the funds for long-term Bitcoin holdings. All Bitcoin purchases were disclosed promptly after the decisions were made, and all of the company's Bitcoin addresses are public, allowing shareholders to view the holdings via a real-time dashboard. Addressing the accusation of "buying at high prices in September without disclosure," he stated that the company conducted four Bitcoin purchases in September, all of which were announced in a timely manner. The company's strategy is not about timing the market but rather about long-term, systematic accumulation of Bitcoin. Furthermore, selling put options is not merely a bet on price increases but a method to acquire Bitcoin at an effective cost below the spot price. The recurring losses primarily stem from unrealized fair value fluctuations of the Bitcoin held long-term and not intended for sale; interpreting this as a strategic failure is a misreading.