Metaplanet

Everyone seems to be misreading the Metaplanet collapse.

The stock is down 85% to 307 JPY. Retail buyers are panicking because they only take a look at the purple chart. However for those who dig into the actual technique, the image modifications.

They hold 35,102 BTC. As an alternative of simply shopping for spot and hoping for a moonshot, CEO Simon Gerovich is selling put options. This brings in cash premiums now and lets them purchase $BTC under market worth later. It isn't a blind guess on number go up. It's a mathematical plan to accumulate belongings whereas the market bleeds.

Is promoting puts to build up Bitcoin genius or only a difficult method to go broke?