Meliuz Implements Options Strategy to Increase Bitcoin Holdings

Brazilian company Meliuz has taken a cautious approach to boosting its Bitcoin holdings by implementing a new options-based strategy. The firm plans to capitalize on price fluctuations in the cryptocurrency market by selling put options, specifically targeting strike prices above $95,000. This approach allows Meliuz to earn fees if the Bitcoin price surpasses this level at expiration. To mitigate risk, these options are backed by less than 10% of the company’s operating cash reserves, demonstrating a measured and strategic approach to investment.