Metaplanet CEO Simon Gerovich refuted claims that anonymous accounts are misleading investors regarding the company’s Bitcoin (BTC) strategy and statements. Critics argued that large BTC purchases were delayed, derivative losses were hidden, and the terms of BTC-collateralized loans were not fully disclosed. Gerovich stated in a detailed post on X on Friday that all BTC purchases, options strategies, and borrowings were announced on time, and that critics have misread the financial statements.
Metaplanet announcement of BTC purchase. Source: Metaplanet
Metaplanet’s BTC Purchase Timeline
- September 1, 2025: 1.009 BTC
- September 8, 2025: 136 BTC
- September 22, 2025: 5.419 BTC
- September 30, 2025: 5.268 BTC
These transactions are listed on Metaplanet’s real-time dashboard and Bitcointreasuries.net. Options sales were made to buy BTC below spot price and monetize volatility. In fiscal year 2025, revenue increased 738% to 8,9 billion Japanese yen (~58 million $), but a net loss of 680 million $ was recorded due to BTC price decline. Drawdowns of the credit facility established in October were announced in November-December; the lender’s identity was kept confidential. Companies like MicroStrategy also face similar criticisms. As institutional buyers continue to accumulate BTC (despite Google ‘BTC zeros out’ searches), Metaplanet’s strategy is strengthening.
BTC Technical Analysis: Critical Support and Resistance Levels
Today BTC price is 68,181.41 USD (+1.89% 24h), RSI 37.87 (oversold), showing downtrend and bearish Supertrend. EMA 20: 71,333 USD.
- Supports: S1 65,072 USD (⭐ Strong, -4.62%), S2 68,051 USD (⭐ Strong, -0.25%)
- Resistances: R1 71,637 USD (⭐ Strong, +5.00%), R2 76,840 USD (⭐ Strong, +12.63%)
BTC futures may increase volatility. For detailed review, visit the BTC detailed analysis page.
Frequently Asked Questions About Metaplanet’s BTC Strategy
Why didn’t Metaplanet delay its BTC purchases?
September 2025 purchases were published instantly on the dashboard and Bitcointreasuries.net.
Are BTC-collateralized loans transparent?
Credit drawdowns were announced in November-December; counterparty confidentiality was maintained.
What is Metaplanet’s BTC loss?
680 million $ net loss, due to price decline; revenue increased 738%.
Source: https://en.coinotag.com/metaplanet-ceo-gives-harsh-response-to-btc-strategy
