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Metaplanet Rejects ETF Comparisons, Defends Active Bitcoin Strategy

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Metaplanet Rejects ETF Comparisons, Defends Active Bitcoin Strategy | 3verseTV
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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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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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