Japanese investment firm Metaplanet Inc. has seen its Bitcoin holdings rise to 530.717 BTC through a smart options trading strategy.
Metaplanet earned approximately 23.972 BTC by selling Bitcoin put options and collecting premiums.
By entering into a BTC options transaction, the company can increase its Bitcoin holdings if the market price falls below the strike price of $62,000 per Bitcoin at maturity.
The strategy supports Metaplanet's long-term asset growth and strengthens its balance sheet, using margin collateral sourced from new capital raised through stock acquisition rights.