Metaplanet CEO rejects claims it hid details of Bitcoin trades

CoinTelegraph

by Christina Comben

February 20, 2026

AI-Generated Deep Dive Summary

Metaplanet's CEO, Simon Gerovich, has firmly rejected allegations from critics who claim the company obscured crucial details about its Bitcoin investments. These critics, who have taken to X (formerly Twitter), accuse Metaplanet of delaying or omitting price-sensitive information regarding significant Bitcoin purchases, options trades, and borrowings funded by shareholder capital. They argue that the company failed to disclose losses from its derivatives strategy and key terms of its Bitcoin-backed loans. In response, Gerovich published a detailed post on X defending his company's transparency. He emphasized that Metaplanet has consistently reported all Bitcoin-related activities promptly, including purchases, option strategies, and borrowings, as required by regulatory standards. Gerovich asserts that the critics' claims are based on misinterpretations of financial statements rather than any actual misconduct. The debate highlights the critical importance of transparency in the crypto industry. For investors, especially those involved with leveraged Bitcoin treasuries, clear and timely disclosures are essential to trust and decision-making. Mismanagement or lack of transparency can lead to significant investor losses and damage a company's reputation. This situation underscores broader challenges in the crypto sector, where regulatory clarity is still evolving. Companies like Metaplanet must navigate these complexities while maintaining openness to

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Originally published on CoinTelegraph on 2/20/2026