Boyaa Interactive plans to invest no more than 70 million USD to purchase cryptocurrency, further enhancing its Web3 business layout

By: rootdata|2026/03/22 20:42:00

The Hong Kong-listed company Boyaa Interactive (00434) announced that the board of directors recommends seeking shareholder approval to grant a purchase authorization, in order to use the idle cash reserves generated from the company's business operations for potential cryptocurrency purchases within the next 12 months, with a total amount not exceeding 70 million USD.

This move aims to take advantage of opportunities during the downturn in the cryptocurrency market, appropriately expand the allocation of cryptocurrencies, and further support the company's Web3 business development. As of the announcement date, the company holds a total of 4,092 bitcoins, with an average price of approximately 68,200 USD; a total of 302 ethers, with an average price of approximately 1,661 USD; and approximately 7,000,700 Tether coins purchased. The board plans to conduct these cryptocurrency purchases on regulated trading platforms to ensure market liquidity and security.

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...