Japanese investment firm Metaplanet increasing returns and BitcoinBy restructuring Bitcoin put options as part of a strategy to capitalize on the bullish outlook for increase the strike price from $62,000 to $66,000 raised it.
Japan’s Metaplanet Adjusts Bitcoin Put Options to Increase Revenue
Adjustment date 18 October and the Tokyo-listed company announced its decision to maintain the same maturity date of December 27.
CEO Simon Gerovichthis move 57,9 million JPY ($388,000) and that the total premium earnings for the year to 272.5 million JPY announced that it reached ($1.8 million).
Collectionan investor closes out existing options and with a high strike price It is a strategy that aims to gain more returns by opening new ones.
Company:
- $62,000 strike price Bought back 223 bitcoin put options.
- Simultaneous usage priced at $66,000 Sold 223 new options.
The company has a liability arising from the exercise of a previous share acquisition right. its guarantee is 13.8 million dollars protected. As part of the roll-up process, Metaplanet received total premium 5.9 BTC won.
In the statement made by Metaplanet, “This adjustment adjusts the nominal return of the options. %2,65 total return by increasing %13,4′It was said. “The new strategy is the company’s Bitcoin assets “It provides greater income potential while aligning with the goal of increasing savings and profitability.”
Latest Bitcoin Investments
Metaplanet has been actively increasing its bitcoin reserves in recent months. 17 October‘of 106,976 BTC (approximately $6.7 million value) by purchasing its total assets at approximately $57.4 million worth 855,478 BTCHe increased it to .
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/japon-yatirim-firmasi-metaplanet-satim-opsiyonlarinda-fiyat-yukseltti-iste-yeni-fiyatlar/
