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BTC $68,066.94 -0.01%
ETH $1,974.96 +0.24%
BNB $625.53 -0.34%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $562.29 -0.85%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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Metaplanet responds to "dishonest information disclosure": it is inconsistent with the facts, and the long-term systematic strategy of increasing BTC holdings remains unchanged

The CEO of Japan's Bitcoin treasury company Metaplanet, Simon Gerovich, posted on the X platform in response to an anonymous account inciting public opinion without accountability and accusing the company of "dishonest information disclosure." He stated that the related claims are inconsistent with the facts, and both he and the company are willing to take public responsibility for all actions and statements. The company's long-term systematic strategy of increasing Bitcoin holdings remains unchanged.Simon Gerovich stated that over the past six months, against the backdrop of rising volatility, the company has increased its allocation to income-generating businesses by selling put options and employing spread strategies to obtain premiums, while allocating part of the funds for long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately after decisions are made, and all Bitcoin addresses of the company are public, allowing shareholders to view the holdings in real-time dashboards. In response to the accusation of "buying at high levels in September without disclosure," he mentioned that there were four purchases made in September, all of which were announced in a timely manner. The company's strategy is not about timing the market but rather about long-term, systematic accumulation of Bitcoin.Additionally, selling put options is not merely a bet on price increases, but rather a way to acquire Bitcoin at an effective cost below the spot price. Regular losses mainly stem from the unrealized fair value fluctuations of Bitcoin that are held long-term and not sold, and interpreting this as a strategic failure is a misunderstanding.

The Ethereum Foundation announced the establishment of a platform team, aiming to build a unified platform that leverages the combined advantages of Ethereum L1 and L2

The Ethereum Foundation has announced the establishment of the Platform Team, aimed at building the most powerful Ethereum platform possible, enabling better support for users, applications, and all organizations built on Ethereum at both the L1 and L2 layers.Improving the relationship between L1 and L2 layers to create a mutually reinforcing system across various levels. The Foundation stated that since the introduction of the rollup-centric roadmap five years ago, a chain ecosystem has developed around the Ethereum L1 layer. The early rollup mindset has been replaced by differentiated L2 layer networks, each possessing unique and valuable economic systems, thereby extending Ethereum's core characteristics to millions of users.As Ethereum matures, the Foundation believes that more measures must be taken to build a unified platform that can fully leverage the unique advantages of the Ethereum system (L1 + L2). This includes enhancing the value proposition of L2, optimizing the adoption drivers for L2, enabling it to create value for Ethereum more broadly, guiding the ecosystem towards a more secure, permissionless architecture, and simplifying the process for users and institutions to adopt Ethereum.More importantly, building a strong Ethereum means driving technological improvements to reinforce and enhance Ethereum's core characteristics and unique advantages.
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