Metaplanet CEO Fires Back at Bitcoin Disclosure Claims
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Metaplanet CEO Simon Gerovich has rejected accusations circulating on X that the company misled investors about its Bitcoin strategy. Critics alleged the firm delayed price-sensitive disclosures tied to major BTC purchases, options trades funded with shareholder capital, and BTC-backed borrowings.
Gerovich countered that all Bitcoin acquisitions, derivatives strategies, and credit facilities were disclosed promptly and transparently. He argued that critics were misinterpreting financial statements rather than uncovering wrongdoing, emphasizing that the company’s reporting remains fully aligned with disclosure requirements.
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Crypto Twitter accusing a BTC treasury company of bad disclosures? Must be a day ending in “y"