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ThuanCapital.Fanclub ⭐️
@halleu
Metaplanet 🇯🇵 earned 23.97 BTC by selling put options. This means that if the BTC price is at or above the strike price, the put option will become worthless and Metaplanet will retain the option premium. If the price of BTC falls below the strike price, the option buyer can sell BTC at the strike price, in which case Metaplanet will have to buy BTC at the strike price. There are risks with this approach, but if Metaplanet is willing to buy BTC at the contract's strike price, they can generate additional income as a result.
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