Metaplanet, a Japanese-listed company, has announced a Bitcoin options transaction with a Singapore-based QCP Capital. Metaplanet has sold about 223 Bitcoin put options at $62,000 each, expiring on December 27, 2024. This transaction brought 23,972 BTC in premium income. This strategy is aimed to enhance the BTC reserves in Metaplanet and to strengthen its balance sheet, thereby aligning with its long-term financial goals. The funds obtained would be used for the future purchases of bitcoin, while simultaneously maintaining its existing plan.