Simon Gerovich, CEO of Metaplanet (3350), has responded to on-line criticism of the Tokyo-listed bitcoin treasury firm, as bitcoin is down nearly 50% from its October all-time excessive and now buying and selling close to $67,000, whereas Metaplanet shares have fallen roughly 85% from their 2025 all-time excessive.
Addressing nameless critics, Gerovich mentioned, “It is simple to cover behind nameless accounts, criticize others, and incite outrage with out taking any accountability.” Gerovich added, “I’ve no qualms about taking public accountability for all my statements and Metaplanet’s actions.”
匿名アカウントの裏に隠れて、何の責任も負うことなく他者を非難し、炎上させることは簡単です。しかし、私は自らの発言とメタプラネットの行動すべてに対して公の場で責任を負うことに何の抵抗もありません。そのため、寄せられている各主張に対して、直接お答えします。… https://t.co/e0ieMGq29N
— Simon Gerovich (@gerovich) February 20, 2026
Metaplanet makes use of choices, particularly promoting put choices and put spreads, to generate premium revenue and doubtlessly purchase bitcoin beneath the prevailing market value.
Defending this method, Gerovich mentioned, “Promoting put choices shouldn’t be a wager on bitcoin’s value rising.”
Gerovich defined that the technique is designed to decrease the corporate’s efficient buy price and monetise volatility.

On transparency, Gerovich mentioned, “we’re probably the most clear listed firms on the earth.” Gerovich pointed to real-time pockets disclosure and repeated bulletins of purchases, together with these made in September.
Gerovich additionally acknowledged market timing issues, he mentioned, “September marked an area peak. I’ve no intention of denying that.” Gerovich careworn that the technique is systematic accumulation, not short-term buying and selling.
Lastly, Gerovich responded to criticism of monetary outcomes, saying, “Internet revenue shouldn’t be an acceptable metric for evaluating a bitcoin treasury firm.” Gerovich additionally rejected claims in regards to the resort division, stating the enterprise shouldn’t be in ruins and highlighting its profitability.
Metaplanet shares commerce at 307 yen, whereas the corporate holds 35,102 BTC.
