Metaplanet, a Tokyo-based bitcoin holder, earned 23,972 BTC ($1.44 million) in premium income by selling 223 bitcoin put options. The options expire on December 27, 2024, and have a strike price of $62,000. If bitcoin falls below $62,000, Metaplanet will have to buy another 223 BTC. 💼

Metaplanet aims to increase its bitcoin holdings with this strategy. Do you think this move is a good move? Share your thoughts in the comments! 💬

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