Metalpha secures $12 million investment from strategic partners

HONG KONG - Metalpha Technology Holding Limited (NASDAQ:MATH) announced Thursday it has entered into subscription agreements with two strategic investors for a private placement of ordinary shares totaling approximately $12 million. The blockchain company, currently valued at around $118 million, has seen its stock surge over 161% year-to-date, significantly outperforming the broader market.

The blockchain and trading technology solutions provider said the investment comes from Gortune International Investment Limited Partnership and Avenir Group, with the transaction expected to close around November 30, 2025, subject to customary closing conditions. InvestingPro data shows Metalpha maintains a "GOOD" financial health rating, with strong growth metrics and reasonable debt levels.

According to the company, proceeds will be used to accelerate business development initiatives, including expansion of blockchain trading services, investments in digital asset technologies, and general working capital purposes. This capital infusion comes as Metalpha has demonstrated impressive revenue growth of nearly 166% over the last twelve months, with a healthy current ratio of 1.17.

"We are pleased to secure this strategic investment from two distinguished institutional partners," said Adrian Wang, Chief Executive Officer of Metalpha, in a press release statement. The company currently trades at a P/E ratio of 7.66, which InvestingPro analysis suggests is below its Fair Value, indicating the stock may be undervalued. Investors looking for similar opportunities can explore the most undervalued stocks list.

The securities sold in this private placement have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption from registration requirements. Metalpha has committed to filing a registration statement with the SEC for the resale of the ordinary shares issued in this private placement.

Gortune International Investment Limited Partnership is a subsidiary of Gortune Investment Co., Limited, which operates in corporate M&A, restructuring, and equity investments. Avenir Group focuses on integrating traditional finance and digital assets, and describes itself as Asia’s largest institutional Bitcoin ETF holder.

In other recent news, B Strategy has announced plans to establish a U.S.-listed treasury company centered on BNB, aiming to raise $1 billion. This initiative is being launched with strategic backing from YZi Labs, which was formerly known as Binance Labs. The management team spearheading this venture includes notable figures such as the co-founders of Metalpha and the former CFO of Bitmain. According to a company press release, several family offices based in Asia have already committed to being anchor investors in this endeavor. This development marks a significant step for B Strategy as it seeks to expand its footprint in the digital asset investment space.

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