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In a move that enhances the position of the company, Metaplanet has sold Bitcoin options in order to grow its holdings by 24 BTC. Indeed, the company operated a strategic option sale that would generate more than $1.44 million worth of the leading cryptocurrency. The firm sold a total of 223 contracts of Bitcoin put options. Moreover, that sale earned them exactly 23.972 BTC for the move. Although the firm has often been viewed in a similar light to Michael Saylor’s MicroStrategy, this decision deviates from their strategies notably. While both sides are clearly committed to the crypto, they are going about increasing their position in rather distinct ways. Also Read: Bitcoin Liquidations Surpass $500M Amid Crypto Market Drop Metaplanet Grows BTC Stash Through New Options Sale 2024 has proven to be a massive turning point for Bitcoin. The leading crypto has become a clear investment option for institutional entities. In January, it became the first crypto-based ETF in the United S...