derivatives program

Nakamoto partnered with Bitwise and Kraken to launch a Bitcoin derivatives program aimed at generating options premiums and hedging exposure to its BTC treasury. The strategy involves using Bitcoin options to manage risk while capitalizing on market opportunities.

Nakamoto Inc. launched a Bitcoin derivatives program to generate income from market volatility and hedge downside risk. The program, managed by Bitwise Asset Management and custodied by Kraken Institutional, uses two components: an income sleeve (covered calls and call spreads) and a hedging sleeve (protective puts and put spreads).