Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firm’s board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. The document also reveals Bitcoin purchases and accumulation will be conducted with BTC Yield as the primary performance metric. Metaplanet will also continue generating premium income from Bitcoin put option sales, which capitalize on the asset’s volatility to drive revenue.
Source: Wayne Jones, 2024-12-20; https://cryptopotato.com/metaplanet-establishes-bitcoin-treasury-operations-as-official-business-line/