New Fire Group's Alpha BTC strategy's risk resistance ability has been verified, achieving excess strategy returns in a declining market On June 5th, it was reported that Alpha BTC, a compliant asset management product under New Fire Group (01611. HK), has shown steady performance in the market since June, with BTC falling from $74000 to $61000. Through a refined option hedging strategy, it has not only effectively resisted the risk of market downturn, but also achieved stable returns on the BTC standard. Alpha BTC is the first Bitcoin based asset management product in Hong Kong to be registered under the Class 9 license framework of the Securities and Futures Commission. The core advantage of this product lies in using BTC spot and IBIT ETF as bottom positions, and utilizing remote options to earn premium to enhance the currency standard. According to data from 2025 to 2026, this strategy has been tested in the bull bear market, with BTC based annualized enhanced real market returns reaching 6% -8%, and possessing strong risk control and drawdown capabilities. In this market correction, the strategy not only achieved its defensive goals, but also recorded double-digit short-term returns, once again verifying the vitality of this asset allocation model in different market environments.