PANews reported on October 3 that Metaplanet, a Japanese listed company, said it had reached a Bitcoin options transaction with QCP Capital, a Singapore digital asset trading company, involving the sale of Bitcoin put options. Metaplanet sold 233 Bitcoin put options worth $62,000 expiring on December 27 to earn 23.97 BTC in premium income. Metaplanet said this strategy not only enhanced the company's Bitcoin reserves, but also strengthened the company's balance sheet, in line with the company's ongoing financial strategy.