PANews April 25 news, according to Businesswire, Nasdaq-listed company Nakamoto announced the launch of the Bitcoin Derivatives Program, which will store part of its Bitcoin holdings in Kraken's compliant custody solution as collateral for derivative strategies, operated by Bitwise in a separately managed account (SMA), generating continuous premium income through covered call options and call spread strategies, as well as hedging against the market value fluctuation risk brought by Bitcoin price declines through protective put options and put spread strategies.

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