Metalpha Technology Holding Ltd. will allocate up to 20% of yearly net profit to Bitcoin purchases, reflecting its strategic integration of digital assets into corporate treasury management.
Metalpha Technology Holding Ltd. announced that its board approved a Bitcoin allocation plan dedicating up to 20% of the company’s annual net profit to Bitcoin purchases. According to the official statement, the Hong Kong-based firm has earmarked $3.2 million for this initiative, with an initial $1 million purchase completed on February 9. The move reflects a growing corporate trend of adding Bitcoin to balance sheets as part of diversification strategies.