Metaplanet (3350) CEO Simon Gerovich responded to online criticism of the Tokyo-listed Bitcoin finance company as Bitcoin is down nearly 50% from its all-time high in October and is currently trading near $67,000, while Metaplanet shares are down about 85% from their 2025 all-time high.
Addressing anonymous critics, Growich said, “It’s easy to hide behind an anonymous account, criticize others, incite anger and not take any responsibility.” Growich added: “I have no hesitation in taking public responsibility for all my words and Metaplanet’s actions.”
Anonymous カウントの里に隠れて, 何のRESPONSIBILITY もnegative うことなく OTHER を reproach し, EN上させることは SIMPLE です.しかし、private らの発言とメタプラネッすべてに対して公の场でRESPONSIBILITY うことに何のRESIST もありません.そのため, send せられているeach side に対して, direct answer えします. … https://t.co/e0ieMGq29N
— Simon Gerovich (@gerovich) February 20, 2026
Metaplanet uses options, specifically selling puts and puts, to generate premium income and potentially acquire Bitcoin at a discount to the prevailing market price.
Growich defended the approach, saying, “Selling puts is not a bet that the price of Bitcoin will rise.”
The strategy is designed to reduce the company’s effective purchasing costs and monetize volatility, Growich explained.
Regarding transparency, Growich said, “We are one of the most transparent public companies in the world.” Growich pointed to real-time wallet disclosures and repeated purchase announcements, including one in September.
Gerovich also acknowledged concerns about market timing, saying, “September marked the local peak. I have no intention of denying that.” Gerovich emphasized that the strategy is systematic accumulation, not short-term trading.
Finally, Growich responded to criticism of the financial performance, saying: “Net profit is not a suitable metric for evaluating Bitcoin Finance companies.” Growich also denied claims about the hotel sector, saying the business was not in ruins and highlighting its profitability.
Metaplanet shares are trading at 307 yen, while the company holds 35,102 bitcoins.
