CoinVoice recently learned that Metaplanet, a Japanese listed company, officially announced on social media that it has reached a Bitcoin options transaction with QCP Capital, a digital asset trading company headquartered in Singapore, involving the sale of Bitcoin put options. In the transaction, Metaplanet sold 233 Bitcoin put options worth $62,000 expiring on December 27 to earn 23.97 BTC premium income.

Metaplanet said that this strategy not only enhances the company's Bitcoin reserves, but also strengthens the company's balance sheet, in line with its ongoing financial strategy to strengthen long-term Bitcoin exposure, improve the company's financial position, and support the company's profitability goals. These margin funds are planned to be used to purchase Bitcoin. Selling put options is called "target purchase" is another way to obtain Bitcoin. There is no change in the plan for the use of funds. [Original link]