Metaplanet launches Bitcoin treasury operations as new business line

Metaplanet, a publicly listed Japanese company that holds Bitcoin as a primary asset, announced on X that it has officially established Bitcoin treasury operations as a dedicated business segment. In a letter to stakeholders, the company revealed its strategy of leveraging Bitcoin's volatility to generate profits through put option sales, thereby increasing its holdings. Furthermore, Metaplanet plans to explore capital-raising methods, including loans, equity issuances and convertible bonds, to enhance Bitcoin acquisition and optimize returns.