Summary of Bitcoin Holder Metaplanet Sells BTC Options to Boost Its $32M BTC Stash

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quoting nevent1q…928g
Bitcoin Holder Metaplanet Sells BTC Options to Boost Its $32M BTC Stash

The company strengthens its bitcoin position with a strategic options sale, generating nearly 24 BTC ($1.4M) in premium.

https://www.coindesk.com/markets/2024/10/03/bitcoin-holder-metaplanet-sells-btc-options-to-boost-its-32m-btc-stash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Metaplanet, a Tokyo-listed bitcoin holder, is using bitcoin options to boost its coin stash, earning $1.44 million in premium income. The options expire on December 27, 2024, with a strike price of $62,000.

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2024-10-03 10:01:02

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