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

from www.coindesk.com4 months ago
Metaplanet sold 223 contracts of bitcoin put options, generating a premium of 23.972 BTC ($1.44 million), aimed at boosting its overall bitcoin holdings.
www.coindesk.comhttps://www.coindesk.com/markets/2024/10/03/bitcoin-holder-metaplanet-sells-btc-options-to-boost-its-32m-btc-stash/
The put options have a strike price of $62,000, set to expire on December 27, 2024. If bitcoin is below that price, Metaplanet must buy more BTC.
www.coindesk.comhttps://www.coindesk.com/markets/2024/10/03/bitcoin-holder-metaplanet-sells-btc-options-to-boost-its-32m-btc-stash/
Read at www.coindesk.com
#bitcoin-options #metaplanet #investment-strategy #put-options
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