toushi👒🐼

2023年8月末から株を開始。逆襲を誓うまだ株🐼22期の落ちこぼれ。

[toushi👒🐼 @touchalle]

crazy😥

[Derin Olenik @BigpictureBTC]

@btc_overflow A now deleted David Bailey post where he says 20% is even too low! 😂 -

[大根丸(モメンタム+ソフトバンクG) @toomooaki]

おやおや、サイモンと仲良しなBitcoin Magazinesの経営者、David Baileyはこの貴重なポストを削除したようですよ。20%の分配ではあまりにも低すぎるとな😂第19回新株予約権で10年間限定で105円で330万株もメタプラ株をワラント(普通株式化)出来る権利があるのに、どこまでこの詐欺師はがめついのか😂😂

[toushi👒🐼 @touchalle]

暗号資産取引所のハッキングかぁ。

マイナスの影響かな…。

[toushi👒🐼 @touchalle]

ビットコインジャパンが本格的にビットコインを買い始めるのなら、サイモン・ゲロビッチがいるメタプラネットより、そっちに投資したいな…。

こっから株価上がったら、10円で買った人らの利益がさらに法外になるのに、そこでまだ大量に10円で買える状況を普通だと思う経営陣、おかしいだろ。

[toushi👒🐼 @touchalle]

連休前のダマしあげ、きたかな。

[toushi👒🐼 @touchalle]

メタプラも第10回、18回、19回の希薄化の是非が問われた時に、認めないとしないといけなかったんだろうね。その時、持ってなかったけど。

さて、メタプラはどうなるかな。

[SOU⚡️投資ニュース / 米国株・日本株・仮想通貨・AI @SOU_BTC]

仮想通貨クラリティ法案、「共和党議員全員が賛成しても、民主党・無所属から最低7票が必要」っていう状況だったのに、共和党からも反対票入ってて、余裕で無理で草

[toushi👒🐼 @touchalle]

ビットコインはある程度、織り込んでたっぽいけど、メタプラはまた売られるな。

[toushi👒🐼 @touchalle]

あーあ。クラリティ法案、通らず。

[toushi👒🐼 @touchalle]

株主の声を自分たちのものとするために、株を希薄化させて、自分たちが他より多くの株を持ってるんだから、タチが悪い。利益を得るためだけじゃなく、退陣もしないための策だ。

[RB @market2kk]

@LinksonJ @gerovich @DylanLeClair @DavidFBailey They won’t resign. Shareholders need to force their hand. Then clean up should begin and yes every penny should be recovered from them.

[diglloyd @diglloyd]

The sleaze disaster with @Metaplanet $MPJPY has made me question all BTCTC now.

At this point, I am satisfied only with @Strategy $MSTR and @Strive $ASST, whose structure and sunlit financs are 2nd to none.

But what weed seeds might lurk in the others?

The self-dealing self-enriching actions at Metaplanet have done long term damage to the entire industry.

[toushi👒🐼 @touchalle]

クラリティ法案が通ってビットコインが上がる時、メタプラの株価も連動するか。経営陣への不満、不安から売り抜ける人も多そう。

どの道、株主には茨の道が待っている。

これから投資を始める人が、価格が上がって騙されないといいけど。得をする人がいるということは、損をする人がいるということ。

[toushi👒🐼 @touchalle]

投資をしてこなかった日本人を狙ったサイモンを筆頭とする詐欺師ども。

必ず勝ち逃げられる状況を作った。まだ第10回の残りに加え、第18回、第19回で希薄化させて利益を得られる。株価が暴落しても10円、105円で購入できているから痛くも痒くもない。

株主総会も無意味。奴らは多くの株を持つから。

[Ragnar @RoaringRagnar]

My final thoughts on Metaplanet.

This will most likely be my last long post on Metaplanet. You may want to bookmark it for future reference.

Let me start by saying how incredibly disappointed and sad I am. Metaplanet used to be my largest position. I had enormous respect for the team. I saw tremendous potential. And for the past 16 months or so, I was one of their most vocal supporters.

Unfortunately, all of that came to an end over the last month.

Let me be clear. I want Metaplanet to succeed. I want them to be the best possible company they can be. And I would love to be a long-term shareholder.

But it seems my values and principles are not aligned with theirs. And that we have to part ways.

My principles include:

1. Align with shareholders as fully as possible, and treat them as real partners.
2. Behave in a way that passes Warren Buffett’s Newspaper Test. (See link below)
3. It’s okay to make mistakes. But if you do, own them. Take full responsibility. Apologize. Make it right.
4. Excellent performance deserves excellent compensation. But it has to be reasonable, defensible, and based on clearly defined criteria.
5. Respect the ethos of Bitcoin. Avoid the Cantillon effect like the plague.

The root cause.

When you think it through, it’s pretty clear that the 10th series should have been frozen at 46 million shares when Metaplanet embarked on its Bitcoin journey. I’m sure every compensation consultant would have flagged this, and that shareholders would not have approved it if they had the opportunity to vote on it after the Bitcoin pivot.

This is the root cause of the situation. And it could have been fully fixed retroactively. And to be clear, it still can be fixed.

In fact, so far, the team had several chances to fix it.

1) After the community raised concerns about the extra 96.25 million shares in September/October 2025. They didn’t.

2) After the first round of criticism in July and August 2026. On August 18, they chose to do the bare minimum. They didn’t fix it.

3) With their second amendment on September 11, following a very loud backlash. Again, they chose what feels like the minimum they could get away with. They didn’t fix it.

To be honest, I’m tired and frustrated. I really wish they had done the right thing. Which then could have been a proper foundation for rebuilding the broken trust over the years to come.

Instead, it appears they have drawn a line in the sand and decided that they won’t do the right thing.

So, unfortunately, I am done. I did what I could, and said what I had to say. But this is as far as I’m willing to go.

As you know, I’m no longer a shareholder. And I have no plans to change that anytime soon.

It’s never too late to fix a mistake.

If they ever wanted to regain my trust, here is what they would have to do:

1. Fully roll back the 273 million extra shares from the 10th series, while keeping the 46 million shares from right before the Bitcoin pivot.
2. Cancel the 18th series employee incentives and have the 19th series reviewed, ideally by an external consultant.
3. Hire a global compensation consultancy to create a proper compensation policy, fully aligned with shareholders.
4. Put that policy to a shareholder vote, with insiders abstaining. If approved, apply it retroactively to the full duration of the Bitcoin strategy.
5. Apologize for their biggest mistakes and list them one by one, including not replying when asked about the 96.25 million extra shares.
6. Provide full transparency on MMXX and Simon’s economic interest. Explain every major past share transaction, including share lending and sales, and disclose any past or present conflicts of interest.
7. Provide full transparency on EVO Fund and all terms, including the terms of MMXX’s lending to EVO, and disclose any past or present conflicts of interest.
8. Radically improve corporate governance with the help of independent external experts, and explain the changes publicly.
9. Engage with shareholders more frequently and respond to their concerns in various formats, including video Q&A sessions.

What’s next.

There are brave people continuing this work. It’s not over yet. In my recent poll of 2,505 participants, 51.8% said the latest changes were not good enough.

Make sure to follow @thebtcpharaoh and @HODL15Capital for their continued excellent research and courageous posts on this topic. And remember, the best way to stay up to date is to type “Metaplanet” into the X search bar and review the “Top” posts.

Of course, every shareholder needs to decide what is best for them, and everyone needs to draw their own conclusions. I’m not telling anyone what to do. I’m simply sharing my thoughts and my actions.

I’m proud of the work I’ve done with @ZynxBTC and so many others who got involved. This industry will be so much better because we had the courage to fight for our beliefs. From now on, every company will think twice about how it sets up its corporate governance and compensation system. And maybe, just maybe, we prevented the next FTX or the next Mt. Gox by demanding the highest standards.

The Irresponsibly Long Metaplanet community, which I founded and where @ZynxBTC served as a moderator, has now been deleted.

So with that, farewell, Metaplanet.

--

Here is a list of all my posts on this topic for reference (sorted newest to oldest):

9/13/26: I had no idea that EVO owned 70.2% of Metaplanet at the time when the 10th series was approved. https://t.co/2FeTo1iRjO

9/11/26: Metaplanet shareholders, be honest. https://t.co/mfmn9j7P8G

9/6/26: My reply to Simon Gerovich, CEO of Metaplanet. https://t.co/7X3jDOeCTt

9/5/26: Metaplanet history of public mentions of the 10th series stock options. https://t.co/xvLNr1jZ2S

9/5/26: I keep thinking about the Warren Buffett newspaper test. https://t.co/iuPkSv4WJY

9/4/26: People have asked me why I keep posting about Metaplanet. https://t.co/90F2RiZSpG

9/3/26: How Metaplanet can solve this situation. https://t.co/e5YtBTkSN9

9/3/26: Remember the mysterious 96.25 million additional shares from the Metaplanet international offering last year? Now we finally have our answer. https://t.co/Q4ThPWCsI0

9/2/26: Here are my conclusions on the Metaplanet 10th series situation. https://t.co/cMy2MEdU3V

8/25/26: The Metaplanet 10th series situation still doesn‘t sit right with me. https://t.co/R1Y6f4SYNd

8/18/26: Metaplanet addresses the anti-dilutive option grant situation. https://t.co/VFZxNTPU7K

8/10/26: There‘s a lot of discussion on legacy, anti-dilutive option grants https://t.co/sCUKp6bY3L

9/26/25: Important Question with Regards to the New Metaplanet Share Count https://t.co/f4x32vyIhR

--

Other posts on the topic that fully resonated with me:

9/12/26 „I wanted Simon’s post to change my mind. It didn’t.“ https://t.co/dRxTi0Iwm6

9/12/26: „Integrity is doing the right thing when no one is watching.“ https://t.co/orUQZK0VDa

9/11/26: „Just to be clear, I am no longer a shareholder in Metaplanet.“ https://t.co/X4Cu6c8zqU

[toushi👒🐼 @touchalle]

日本が大型連休の時、クソサイモンたちが何か仕掛けてきそう。
日本人のことなんて、金づるとしか思ってないよ。

[toushi👒🐼 @touchalle]

クラリティ法案が通る、通るみたいな雰囲気が出つつあるのに、ビットコインが77000台からまったく上がらないのなんでだろ。

[toushi👒🐼 @touchalle]

本当だ…これありそう。

残りは無しにして、引き出した分はもらって、責任をとって辞める。

詐欺で訴えられないとダメだ。

[Isabella Tres Santos @odysseusito]

The people who are asking Simon to resign still don't get it.

Do you think a guy who made ~$600M in the last two years wants to work for a couple million bucks a year from now on?

He would love to resign. He wants to move on to the next grift. And if he can't find another grift, he will start a VC fund, or something, to pass the time.

Of course, when he resigns, he will act like he is doing shareholders a favor.

The goal was to make as much money from the obscure options package before people found out.

The deal is sealed.

On to the next for Simon and Dylan.

@LawrenceLepard @PeterSchiff

[toushi👒🐼 @touchalle]

先物さん…？

[toushi👒🐼 @touchalle]

あなたのせいだよー

@gerovich
#gerovichout

[Bitcoin Treasuries @BTCtreasuries]

JUST IN: Strive $ASST just surpassed the 3rd-largest #Bitcoin treasury company Metaplanet in market cap as $MPJPY fell over 13% in the past week.

Strive owns 43% less BTC than Metaplanet. 👀

[toushi👒🐼 @touchalle]

@resveratrol67 まだヤフーにはコレくらいしか出てないですね

https://t.co/VSxn5eXl2o

[toushi👒🐼 @touchalle]

素振りだけの説明ではなく、対応をお願いします。
@gerovich
#gerovichout

[SOU⚡️投資ニュース / 米国株・日本株・仮想通貨・AI @SOU_BTC]

🚨「株主は数百円、CEOは10円」メタプラネット大炎上で何が起きている？

ビットコインを大量保有するメタプラネットで、経営陣の株式報酬をめぐる批判が広がっています。

きっかけは、8月の「1株10円で株を取得できる権利」の見直しと、その後のCEOによる権利行使です。

ただ、本当の争点は「10円」という安さだけではありません。

■ 増資するほど、経営陣側の取得枠も増えた

会社が新しい株を発行すると、一般株主の持ち分の割合は薄まります。これが「希薄化」です。

ところが、この権利には「増資に応じて、取得できる株数も増える」という条項がありました。

つまり、一般株主の持ち分割合は薄まる一方、権利を持つ経営陣側は守られる仕組みです。

批判側の説明では、対象株数は約4,600万株から約3.2億株に拡大。「株主のお金でBTCを買うたび、経営陣側の取得枠まで増えるのは公平なのか」と反発を招きました。

■ 会社は何を変えた？

8月18日、会社はこの条項を廃止し、取得できる株数を固定。取得株には2031年までの売却制限を付けました。

その後、8月28日にサイモンCEOが権利の一部を行使。約6.4億円を払い、約6,403万株を取得しました。

すぐ売れるわけではありません。ただし、「これから増えない」と「すでに増えた分を戻す」は別の話です。

■ CEOの説明で、なぜ収まらない？

9月6日、CEOは説明不足を認め、改善を表明。しかし、増えた取得枠を元に戻すとは述べていません。

さらに、大株主MMXXとの関係も争点に。CEOは「売買判断に関与していない」と説明していますが、批判側は開示資料との整合性や過去の売却について、詳しい説明を求めています。

今回問われているのは、BTCの将来性よりも「経営陣と一般株主は、公平にリスクと利益を分け合っているのか」。

会社は今後の拡大を止めた。株主が問うているのは、すでに増えた取り分をどうするのか、です。

[toushi👒🐼 @touchalle]

@hqVDmtlI0v86700 月収じゃないですか？