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Alexander Stefanov

Metaplanet CEO Defends Bitcoin Strategy After 2025 Net Loss of $619 Million

On 20 February 2026, Metaplanet CEO Simon Gerovich defended the firm's Bitcoin accumulation strategy after the company posted a $619 million net loss for fiscal year 2025, mainly from non-cash mark-to-market adjustments. The firm holds 35,102 BTC as of February 2026 and has approved a $137 million capital raise to pursue its target of 210,000 BTC by the end of 2027.
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