Fast Facts
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Transparency Claims: Metaplanet’s CEO Simon Gerovich asserts the company’s Bitcoin purchases, wallet addresses, and capital deployment decisions have been disclosed publicly in real-time, refuting accusations of hidden activity.
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Long-term Strategy: Gerovich emphasized Metaplanet’s focus on systematically accumulating Bitcoin for long-term holding, with all four purchases in September announced promptly despite market volatility.
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Options Trading Defense: The CEO clarified that selling put options is a strategic move to lower acquisition costs, not a speculative bet on Bitcoin’s price rise, which led to a 500% increase in Bitcoin per share in 2025.
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Financial Metrics: Gerovich stated net profit isn’t a suitable measure for a Bitcoin treasury company, highlighting a significant operating profit growth of 1,694% year-over-year, affected primarily by unrealized valuation changes.
Metaplanet’s CEO Defends Bitcoin Strategy Against Critics
Metaplanet’s CEO, Simon Gerovich, firmly defended his company’s Bitcoin strategy amid recent criticism. Critics accused the firm of lacking transparency regarding its Bitcoin purchases. However, Gerovich countered these claims with clarity.
Metaplanet is a Japanese public company known for its innovative use of Bitcoin. Critics questioned whether the company disclosed its Bitcoin purchases in a timely manner. Specifically, they pointed to a significant purchase made during a peak in September. Gerovich responded emphatically, stating that all Bitcoin transactions and wallet addresses are available in real time.
Moreover, Gerovich emphasized the company’s commitment to transparency. He claimed that Metaplanet is one of the most transparent publicly listed companies globally. In a recent post on X, he reiterated that every Bitcoin purchase is disclosed promptly. As a result, shareholders can monitor the company’s holdings live.
Interestingly, Gerovich explained the rationale behind their Bitcoin acquisitions. He noted that the goal is to accumulate Bitcoin for long-term holding, not to time the market. He pointed out that Metaplanet executed four purchases in September, announcing each one promptly despite the high price.
Transitioning to options trading, Gerovich addressed misunderstandings around financial statements. He clarified that selling put options aims to acquire Bitcoin at a lower cost, which can improve overall acquisition expenses. By doing so, the company reduced its effective Bitcoin acquisition costs.
On the financial front, Gerovich highlighted that net profit isn’t the best measure for a Bitcoin treasury company. Instead, he mentioned Metaplanet’s impressive operating profit of 6.2 billion yen. This figure marks an astounding 1,694% growth compared to the previous year.
Regarding borrowing, Gerovich stated that three disclosures were made concerning their credit facility. These included details about when the facility was established and used. Although the lender’s identity and specific interest rates remained undisclosed, he assured stakeholders that the terms were favorable for Metaplanet.
In essence, Gerovich’s defense underscores Metaplanet’s commitment to clear communication and strategic financial management. The company continues to carve out its niche in the evolving landscape of cryptocurrency. As Bitcoin adoption grows, Metaplanet might set the standard for transparency and innovation in the tech sector.
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This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.
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