The programme combines option-writing and protective hedges against a defined portion of the firm’s Bitcoin holdings.
Nakamoto, which is building a global portfolio of Bitcoin-native companies, has shared the framework for an actively managed derivatives programme developed to generate recurring volatility income from a defined portion of its holdings while mitigating downside exposure to the price movements of the popular digital token. The programme is organised around two complementary components The programme, operated since early 2026, is facilitated through Bitwise Asset Management (Bitwise) and Krake