Metalpha Launches Bitcoin Allocation Plan, Buys $1M at $54,000 under 20% Profit Quota
Metalpha's board approved allocating up to 20% of annual net profit for Bitcoin purchases, with an authorized quota of $3.2 million based on FY2025 net profit of $15.9 million. The company executed a $1 million purchase on February 9, 2026, acquiring Bitcoin at an average price of $54,000.
1. Board Adoption of Bitcoin Allocation Plan
Metalpha’s Board of Directors approved a plan to allocate up to 20% of the company’s annual net profit to Bitcoin purchases, authorizing an allocation quota of approximately $3.2 million based on the $15.9 million net profit reported for the fiscal year ended March 31, 2025.
2. Execution of Initial Bitcoin Purchase
On February 9, 2026, Metalpha executed its initial tranche, investing $1 million in Bitcoin through its proprietary Accumulator structure, securing coins at an average price of $54,000 each.
3. Strategic Rationale and Outlook
CEO Adrian Wang emphasized that Bitcoin underpins the blockchain industry and noted that current price levels offer an attractive entry point, a move designed to drive long-term shareholder value and reinforce Metalpha’s position in digital asset solutions.