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Replying to Avatar TheBitcoinManual

As options roll out on paper Bitcoin products, how many people are going to think they can pull off stunts like this to generate a yield on their Bitcoin, only to get rekt in the process?

https://www.coindesk.com/markets/2024/10/03/bitcoin-holder-metaplanet-sells-btc-options-to-boost-its-32m-btc-stash/

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Bryan 1y ago

While I wouldn't recommend everyone trying to do this, but in this instance it seems like a low risk form of leverage to gain more BTC.

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