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Metaplanet Expands Bitcoin Reserves with Sale of 233 BTC Put Options

  • Metaplanet, a Japan-based Bitcoin investment firm, has sold 233 BTC put options with a strike price of $62,000, earning a premium total income of 23.97 BTC.
  • The sale of put options enhances Metaplanet's Bitcoin reserves and strengthens its balance sheet as part of its long-term Bitcoin exposure strategy.
  • Metaplanet recently purchased an additional 107 BTC, bringing its total Bitcoin holdings to 530.717 BTC.
  • Metaplanet's collaboration with SBI Group grants access to a corporate custody service and the potential use of Bitcoin as collateral for financing.

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