Bitcoin

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Metaplanet Bitcoin Losses

Metaplanet CEO Denies Bitcoin Hiding Claims as $1.2B Losses Grow, Vows ‘Never Sell’

Reacting to reports of Metaplanet’s Bitcoin losses and allegedly hiding Bitcoin disclosures, CEO Simon Gerovich strongly rejected the accusations, claiming that all purchases were promptly disclosed and said, “We will never sell Bitcoins.” He added that concerns raised regarding the September Bitcoin purchases, options trading, financial statements, and borrowings are largely unfounded. Japanese investment firm […]

Business

View All
Metaplanet Bitcoin Losses

Metaplanet CEO Denies Bitcoin Hiding Claims as $1.2B Losses Grow, Vows ‘Never Sell’

Reacting to reports of Metaplanet’s Bitcoin losses and allegedly hiding Bitcoin disclosures, CEO Simon Gerovich strongly rejected the accusations, claiming that all purchases were promptly disclosed and said, “We will never sell Bitcoins.” He added that concerns raised regarding the September Bitcoin purchases, options trading, financial statements, and borrowings are largely unfounded. Japanese investment firm […]

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