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Metalpha launches Bitcoin allocation plan, with an annual net profit of up to 20% for BTC purchases
Mars Finance reports that Metalpha Technology Holding Limited, a blockchain and trading technology solutions provider listed on NASDAQ, announced that its board of directors 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 $1 million worth of BTC has been purchased.