Digital asset management company Metalpha announces a $5 million stock buyback plan to be carried out over the next 36 months

According to PRNewswire, the digital asset management company Metalpha has released its latest unaudited financial results. The report reveals that the total revenue for the six months ending September 30, 2024 was $19,720,654, nearly four times higher than the $5,085,150 in the same period of fiscal year 2024.

In addition, its board of directors has approved a stock repurchase plan of up to $5 million. The related repurchase transactions will be carried out within the next 36 months.