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Metaplanet sells put options to grow Bitcoin stash by nearly 24 BTC
- Bitcoin investment firm Metaplanet sold 233 BTC put options and earned a premium of 23.97 BTC.
- The put options were fully backed by $13.8 million generated from Metaplanet's stock acquisition rights exercise.
- The strategy aims to leverage Bitcoin's volatility to generate income while maintaining a cash-secured position.
- Metaplanet's total Bitcoin holdings now stand at 530.72 BTC.
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