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Metalpha launches Bitcoin allocation plan, with up to 20% of annual net profit used to purchase BTC
Odaily Planet Daily reports that Metalpha Technology Holding Limited, a blockchain and trading technology solutions provider listed on NASDAQ, announced that its board has approved a Bitcoin purchase plan, with allocated purchase funds of up to 20% of the company’s annual net profit. It is reported that an initial allocation of $3.2 million has been made, and on February 9th, a $1 million BTC purchase was completed.