Metalpha Technology Holding Ltd. (NASDAQ: MATH) has announced a strategic decision to allocate up to 20% of its annual net profit for purchasing Bitcoin. This move, approved by the company's board of directors, reflects Metalpha's commitment to integrating digital assets into its financial strategy. The decision was reported on February 9, highlighting the company's proactive approach to leveraging cryptocurrency as part of its asset management portfolio.
Metalpha to Allocate 20% of Annual Profits for Bitcoin Purchases
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