TechFlow reports that on February 20, Simon Gerovich, CEO of Japanese Bitcoin treasury company Metaplanet, responded on X to an anonymous account that had irresponsibly incited public opinion and accused the company of “dishonest disclosure.” Gerovich stated that these claims are factually inaccurate, and both he and the company stand fully accountable for all their statements and actions. The company’s long-term, systematic Bitcoin accumulation strategy remains unchanged. Gerovich explained that, against a backdrop of rising volatility over the past six months, the company has increased its allocation to yield-generating businesses—earning premium income by selling put options and implementing spread strategies—and allocated part of those proceeds toward long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately following internal decision-making, and the company’s entire Bitcoin wallet addresses are publicly available; shareholders can monitor real-time holdings via a live dashboard. Regarding the accusation that the company “bought Bitcoin at September’s highs without disclosure,” Gerovich clarified that the company executed four Bitcoin purchases in September—all of which were promptly announced. The company’s strategy is not market-timing but rather long-term, systematic Bitcoin accumulation. Furthermore, selling put options is not merely a bullish bet; it is a method to acquire Bitcoin at an effective cost below spot price. Recurring losses stem primarily from unrealized fair-value fluctuations in Bitcoin held long-term and never sold—a misinterpretation to label this as strategic failure.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
