đ **Crypto News Flash: Metaplanet Boosts Bitcoin Holdings!** đ
Japanese investment firm Metaplanet has acquired 23.97 BTC from an options deal with Singapore-based QCP Capital, bringing its total Bitcoin stash to 530.72 BTC, worth $32.55 million! đ°
- Metaplanet sold 223 put options, expiring Dec. 27, 2024, earning a 23.97 BTC premium.
- Strategy aims to capitalize on Bitcoin's volatility and strengthen long-term exposure.
- Plans to raise $70M through stock rights offerings, with 80% allocated to Bitcoin.
What do you think of Metaplanet's bold move? Share your thoughts in the comments! đ
Read more: [Crypto News](https://crypto.news/metaplanet-pushes-bitcoin-holdings-past-500-btc-with-latest-buy/)
