MetaPlanet CEO Rebuts Criticism Over Disclosure Issues

2026/02/20 16:43 (Updated 2026/02/20 18:01)
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Written by Enzo
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MetaPlanet CEO Rebuts Criticism Over Disclosure Issues

Emphasizes 'Appropriate Disclosure, Consistent Strategy'

On the 20th, Simon Gerovich, CEO of MetaPlanet, posted an unusual full rebuttal on X (formerly Twitter) in response to criticisms of the company's disclosure practices.

The criticism came from an anonymous account, accusing the company of buying Bitcoin (BTC) with shareholders' money without immediate disclosure and remaining silent until the price recovered after making large purchases at September's peak. The account also vehemently criticized the concealment of losses from option trading and the opacity of borrowing terms.

In response, Mr. Gerovich called these claims 'inflammatory and contrary to the facts'. He stated that all of MetaPlanet's Bitcoin addresses are public, and the live dashboard...

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MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more