Metaplanet CEO denies lack of transparency in BTC investment strategy

Simon Gerovich, CEO of the Japanese listed firm Metaplanet, has responded on X to criticism of the company's Bitcoin accumulation strategy, refuting claims that it lacks disclosure transparency. He explained that over the past six months, the company has expanded its income-generating strategies to capitalize on market volatility by selling put options and put spreads. Gerovich stated that a portion of these funds was used to purchase Bitcoin for long-term holding, with all related decisions being disclosed immediately. He added that all of the company's Bitcoin addresses are public, allowing shareholders to monitor its holdings through a real-time dashboard.