Bitcoin Japan's Metaplanet uses put options to purchase additional Bitcoin!

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Stalwart23

Stalwart23

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Aug 25, 2023
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Leki Lagos
biblestudyforum.com
Dubbed "Japan's MicroStrategy," Metaplanet has sold put options with QCP Capital to acquire an additional 23.9 BTC.
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With a 10.75% yield and a maturity date of December 2024, the contracts will increase the firm's total holdings to 530.717 BTC.

Following MicroStrategy's lead, Metaplanet keeps up its aggressive Bitcoin accumulation strategy. Will Asia continue to adopt Bitcoin as a result of this strategy?
 

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