Metaplanet CEO Simon Gerovich has rejected claims that U.S. Bitcoin ETFs undermine the company’s strategy, saying the comparison misunderstands its model.
He emphasized that ETFs are passive vehicles and do not expand Bitcoin holdings unless they receive new inflows.
Metaplanet, he said, grows its exposure by generating revenue and reinvesting profits.
The firm recently sought nearly $1.4 billion through an international share offering to buy more BTC, reinforcing its strategy of increasing Bitcoin per share rather than tracking price movements.
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