Japanese investment firm Metaplanet has acquired 23.97 Bitcoin through a options transaction with QCP Capital, bringing its total Bitcoin holdings to 530.72 BTC. The company sold 223 contracts worth $62,000 put options, which will expire in December 2024. This transaction allows Metaplanet to generate premium income while maintaining a fully cash-secured position and strengthen its long-term Bitcoin exposure. The company has been increasing its Bitcoin holdings since May 2024 and also plans to raise $70 million through stock rights offerings, with over 80% allocated to its Bitcoin strategy.



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