Nakamoto, a Nasdaq-listed company, has unveiled a Bitcoin derivatives program set to commence in the first quarter of 2026. Managed by Bitwise Asset Management, the strategy aims to generate consistent volatility income and hedge against downside risks using a portion of Nakamoto's Bitcoin holdings. The program employs covered calls and call spreads for income, alongside protective puts and put spreads for hedging. The Bitcoin involved will be held as collateral under Kraken's qualified custody solution. Nakamoto plans to use the premiums from this strategy to cover hedging costs, acquire more Bitcoin, or for general corporate purposes. The results of this initiative will be detailed in Nakamoto's Q1 10-Q filing for 2026.