Crypto News: Nakamoto Inc. has announced a partnership with Bitwise and Kraken to launch an actively managed Bitcoin options program. This initiative is set to kick off in Q1 2026, aiming to convert Bitcoin's volatility into income by writing covered call options and buying put options, while hedging against some downside risk. Nakamoto states that the program is designed to generate recurring volatility income from a portion of the company's Bitcoin holdings and hedge against downside exposure to Bitcoin price risk. Part of the Bitcoin assets will be held in Kraken's qualified custody solution and collateralized into accounts managed by Bitwise Asset Management. Nakamoto and Bitwise will jointly manage a suite of Bitcoin derivatives, setting a nominal exposure cap. The company indicated that premiums can be received in Bitcoin or USD and can be reinvested into the company's Bitcoin stash or used for operational costs. Performance data for Q1 2026 will be disclosed in the next 10-Q report.