Metaplanet's Oct. 5 policy sets a guideline of 10 to 15 per cent of assets for strategic investments and 85 to 90 per cent for bitcoin.
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Metaplanet's revised capital policy targets 85-90% of its assets in Bitcoin (BTC). Following the sale of 10,000 BTC in the third quarter, the position stands at 44,000 BTC as of September 30th.
MetaPlanet announced on October 5th that it has revised its capital allocation policy. Approximately 10-15% of total assets will be allocated to M&A (mergers and acquisitions)...
The post Up to 15% allocated to M&A and investments – MetaPlanet revises capital allocation policy first appeared on NADA NEWS.