Volcon Inc., a company recognized for its strategic investments in digital assets, has announced a significant expansion in its Bitcoin holdings. The firm recently acquired an additional 316.8 BTC, bringing its total to over 3,500 BTC, with a cumulative purchase price of approximately $412 million. This strategic acquisition reflects an average effective price of $117,683 per BTC, benefiting from premiums obtained through derivative sales designed to lower the cost basis. Volcon's partnership with Gemini's OTC desk has been a crucial element in achieving these results, offering robust execution and communication. As part of its broader strategy, Volcon has also engaged in selling short-term put contracts, providing the option to purchase more BTC at predetermined strike prices in the near future.