📊 Metaplanet CEO Simon Gerovich publicly responded to anonymous allegations, stating that rising volatility over the past six months led the company to #shift more capital into yield strategies. This included profiting from selling put options and spreads, with part of the capital used for long-term #Bitcoin purchases, all disclosed in a timely manner. Four #Bitcoin purchases in September were fully disclosed, following a systematic accumulation strategy rather than market timing. The option trades aimed to reduce #Bitcoin acquisition costs, not to bet on price increases. #CryptoTrading
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📊 Metaplanet CEO Simon Gerovich publicly responded to anonymous allegations, stating that rising volatility over the past six months led the company to #shift more capital into yield strategies. This included profiting from selling put options and spreads, with part of the capital used for long-term #Bitcoin purchases, all disclosed in a timely manner. Four #Bitcoin purchases in September were fully disclosed, following a systematic accumulation strategy rather than market timing. The option trades aimed to reduce #Bitcoin acquisition costs, not to bet on price increases. #CryptoTrading
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