ChainCatcher News: Japan’s Bitcoin Treasury Company Metaplanet CEO Simon Gerovich responded on the X platform to an anonymous account that, without accountability, incited public opinion and accused 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 accumulating Bitcoin remains unchanged.
Simon Gerovich stated that over the past six months, amid rising volatility, the company increased its allocation to yield-generating activities by selling put options and spread strategies to collect premiums, and allocated part of its funds for long-term Bitcoin holdings. All Bitcoin purchases were disclosed immediately after decisions were made, and all of the company’s 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 said that the company made four Bitcoin purchases in September, all of which were announced promptly. The company’s strategy is not market timing but long-term, systematic accumulation of Bitcoin. Additionally, selling put options is not merely a bullish bet but a way to acquire Bitcoin at an effective cost below the spot price. The frequent losses mainly stem from unrealized fair value fluctuations of long-held Bitcoin that are not sold; interpreting this as a strategic failure is a misreading.
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