In an official statement at Bitcoin MENA, Metaplanet CEO Simon Gerovich defended the company’s transparency, systematic Bitcoin accumulation, and options-based strategy. Gerovich stated all Bitcoin purchases were disclosed promptly, with real-time wallet visibility, and emphasized that selling put options is designed to reduce purchase costs and monetize volatility, not speculate on price increases. He acknowledged September purchases coincided with a local peak but underscored the firm’s long-term approach. Addressing criticism over unrealized losses and market timing, he argued net profit is not a relevant metric for evaluating a Bitcoin treasury company. Gerovich also stated the hotel division remains profitable. Metaplanet shares trade at 307 yen, with 35,102 BTC held; Bitcoin is near $68,000 amid a fragile market rebound in Asia.