Metaplanet Inc. has successfully executed a roll-up transaction for its Bitcoin put options in collaboration with QCP Capital. The Company repurchased 223 put options with a strike price of $62000 and replaced them with new options at $66000, both maturing on December 27, 2024. This adjustment increases the nominal yield by 2.65%, totaling 13.40%. Metaplanet received 5.9095 BTC as part of this whopping transaction, raising its total BTC holding to 861. 387 BTC. At present the company is facing a potential risk if Bitcoin drops below the new strike price, it will be a call to purchase BTC at $66000.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed