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Metalpha Starts Executing a BTC Allocation Plan Up to 20% of Annual Net Profit
Prnewswire· 2026-02-09 12:00
Core Viewpoint - Metalpha Technology Holding Limited has adopted a BTC allocation plan that allows for up to 20% of the company's annual net profit to be allocated towards Bitcoin investments, indicating a strong belief in the cryptocurrency's potential to enhance long-term shareholder value [1][3]. Financial Summary - The authorized allocation for the current period is approximately US$3.2 million, which represents 20% of the company's reported net profit of US$15.9 million for the fiscal year ending March 31, 2025 [2]. - The company executed an initial purchase of Bitcoin on February 9, 2026, with a total notional investment of around US$1 million, purchasing at an average price of approximately US$54,000 per Bitcoin [2]. Company Overview - Metalpha Technology Holding Limited is recognized as a global leader in providing blockchain and trading technology solutions, focusing on delivering advanced technological solutions for digital asset management, hedging infrastructures, and liquidity solutions [3]. - The company aims to strengthen its position as a major gateway to digital assets in Asia, leveraging its extensive expertise in both blockchain and traditional fintech [3].