Metalpha launches Bitcoin allocation plan, with up to 20% of annual net profit used to purchase BTC
According to Odaily, Metalpha Technology Holding Limited, a Nasdaq-listed provider of blockchain and trading technology solutions, announced that its board of directors has approved a bitcoin purchase plan, allocating up to 20% of the company's annual net profit for bitcoin purchases. It is reported that the initial allocation of $3.2 million has been made, and a $1 million BTC purchase was completed on February 9.
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