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Metaplanet has raised the exercise price of Bitcoin put options to $66,000, which will expire on December 27, 2024

Metaplanet has raised the exercise price of Bitcoin put options to $66,000, which will expire on December 27, 2024

Bitget2024/10/16 03:42

Simon Gerovich, CEO of the Japanese listed company Metaplanet, posted on X saying: "We have completed the roll-up of Bitcoin put options, adjusting the exercise price from 62,000 USD to 66,000 USD with an expiration date of December 27th, 2024. This has increased our nominal yield from option sales and generated an additional premium income of 57.9 million yen. The total premium income reached 272.5 million yen which will be recorded as this year's revenue."

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