Wu said that Metaplanet, a Japanese listed company, issued an announcement that it had 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 $62,000 put options expiring on December 27 to earn 23.97 BTC premium income. Metaplanet said that this strategy not only enhanced the company's Bitcoin reserves, but also strengthened the company's balance sheet, in line with its ongoing financial strategy to strengthen long-term Bitcoin exposure, improve the company's financial condition, and support the company's profitability goals.