In a social media post, Metaplanet CEO Simon Gerovich took direct aim at anonymous critics throwing shade at the company’s transparency, accusing them of dishonest disclosures, sneaky high-price Bitcoin buys, and botching the whole game plan.
“It’s easy to hide behind an anonymous account, criticize others, and stir up flame wars without taking any responsibility whatsoever,” he fired off.
“However, I have absolutely no hesitation about publicly taking full responsibility for every single statement I make and every action Metaplanet takes.”
Metaplanet CEO Simon Gerovich didn’t stop there
Metaplanet CEO Simon Gerovich shredded the claims one by one. He called accusations of shady or delayed disclosures on Bitcoin purchases and borrowing “factually incorrect.”
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He says every single Bitcoin address the company owns sits right there on a live, public dashboard for any shareholder to check in real time. No secrets, no smoke and mirrors.
He explained the company lays out the terms and collateral clearly but kept the lender’s name and exact interest rates under wraps because the counterparty asked for confidentiality.
When it comes to defending the BTC strategy, Metaplanet CEO Simon Gerovich owned the tough timing head-on. Bitcoin has since dropped over 40%, sliding from around $114,000 down to roughly $67,900 today. “Yes, September turned out to be a local top and we’re not denying that,” he admitted straight up.
“But our strategy isn’t about timing the market. It’s about systematically and long-term accumulating bitcoin, regardless of the price level at which it’s trading.”
Metaplanet posted a massive net loss of 95 billion yen (about $619 million) for 2025, mostly from a 102.2 billion yen ($665.8 million) unrealized hit on its Bitcoin stack.
But their operating profit exploded 1,695% year-over-year to 6.29 billion yen ($41 million). Metaplanet CEO highlights how Bitcoin-related moves like selling put options to scoop up coins at better effective prices are powering serious income, even in a rough patch.
The company has zero plans to sell; it’s all about holding long-term.
“Even in this year’s down market, our stock fell 23% while Bitcoin fell 24%. We have not underperformed,” he pointed out proudly.
“Every yen we’ve raised has been deployed exactly as disclosed and in line with the strategy we’ve clearly outlined.”
Tokyo-listed shares are down 63% over the last six months to around 307 yen ($1.98), with U.S. OTC mirroring the slide at $2.02.
