Boyaa Interactive (00434.HK) said in a voluntary announcement that it bought about 152 Bitcoin in the open market for roughly HK$90.63 million, or about $11.56 million. The company said the average purchase price was $75,899 per BTC. After the latest purchase, its total Bitcoin holdings rose to about 4,468 BTC, with an overall average cost of $68,543 per coin. Boyaa said the purchase is meant to support its transition toward Web3-related business. According to the announcement, the Bitcoin holdings will serve as base resources for public-chain staking, cross-chain bridge activity, and Web3 gaming projects including Pet Land and MTT Sports. The disclosure was cited by ChainCatcher.
Boyaa Interactive (00434.HK) has purchased about 152 Bitcoin in the open market for roughly HK$90.63 million, or about $11.56 million, according to a voluntary announcement cited by ChainCatcher.
The company said the average purchase price was $75,899 per BTC.
Following the transaction, Boyaa Interactive now holds about 4,468 BTC in total, with an overall average cost of $68,543 per coin.
Boyaa said the purchase is intended to support its transition toward Web3 business. The company added that the Bitcoin will be used as base resources for public-chain staking, cross-chain bridges, and Web3 game projects including Pet Land and MTT Sports.
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