ChainCatcher news, Boyaa Interactive (00434.HK) announced that the group currently holds 2,641 Bitcoins (BTC) with a total cost of approximately USD 142,722,654, averaging about USD 54,027 per BTC; it also holds 15,445 Ether (ETH) with a total cost of approximately USD 42,578,110, averaging about USD 2,756 per ETH.

ChainCatcher news, Boyaa Interactive (00434.HK) announced that on September 17, 2024, the company entered into a subscription agreement with MTT ESports Limited ("MTT ESports") to invest in MTT ESports for 100 units of Bitcoin (BTC) as consideration, which, based on the market price of Bitcoin on the day immediately preceding this announcement, is equivalent to a total value of approximately 5.8193 million USD.Upon completion of the investment, the company will acquire a 25% equity stake in MTT ESports. MTT ESports will not become a subsidiary of the company as a result of the investment, and its financial performance will not be consolidated into the group's financial statements. To the best of the directors' knowledge, after making all reasonable inquiries, MTT ESports and its beneficial owners are independent third parties and have no connections with the company or its related parties.MTT ESports is a limited liability company registered in the British Virgin Islands, focusing on the research and development and operation of Web3 infrastructure and Web3 games, and it develops and owns the MTT Sports gaming platform and MTT Network.

ChainCatcher news, according to relevant announcements, the Hong Kong-listed company Boyaa Interactive has announced an investment of 1 million USD into the UTXO Management Bitcoin ecosystem fund to strengthen its commitment to the Bitcoin ecosystem.In addition, according to Bitcoin Magazine reporter John Riggins, the company will also purchase 100 million USD worth of Bitcoin.

ChainCtacher news, Boya Interactive announced on July 16 on the Hong Kong Stock Exchange that the group has recently entered into a subscription agreement with UTXO Venture, LLC (referred to as UTXO Venture) to invest a total of $1 million in the UTXO Bitcoin Ecosystem Fund 1 LP (UTXO Fund). UTXO Venture is the general partner of the UTXO Fund. In addition to investing in the UTXO Fund, the group will also engage in strategic cooperation with BTC Inc. in the Bitcoin ecosystem field.According to information provided by the UTXO Fund, the UTXO Fund primarily focuses on the emerging Bitcoin ecosystem, from consumer to institutional application scenarios.

ChainCatcher news, according to the performance report for the first quarter of 2024 published by Boyaa Interactive (00434.HK), the report disclosed that it holds 1,956 bitcoins, with an average cost of approximately $50,805 per coin; and 15,222 ethers, with an average cost of approximately $2,756 per coin.Previously on May 11, Boyaa Interactive reported a year-on-year profit increase of 1,130% in the first quarter due to reasons such as cryptocurrency purchases. The company stated that one of the main reasons for the profit increase was the fair value increase of the group's digital assets for the three months ending March 31, 2024.

ChainCatcher news, Bitcoin concept stocks are generally rising. As of the time of writing, Boyaa Interactive (00434) is up 9.62%, currently at HKD 2.28; OSL Group (00863) is up 6.3%, currently at HKD 7.25; New Huo Technology Holdings (01611) is up 5.63%, currently at HKD 3; Meitu Inc. (01357) is up 2.17%, currently at HKD 3.29.In addition, cryptocurrency ETFs have risen significantly, with Huaxia Ethereum ETF (03046) up 18.69% and Huaxia Bitcoin (03042) up 6.11%.

ChainCatcher news, Hong Kong-listed company Boyaa Interactive announced its first-quarter financial report. The data shows that for the three months ending March 31, 2024, the profit attributable to the company's owners is expected to increase by approximately 1120% to 1130% compared to the three months ending March 31, 2023. Its Q1 profit for 2023 was approximately RMB 28.7 million. The company stated that one of the main reasons for the increase in profit is the rise in the fair value of digital assets for the group for the three months ending March 31, 2024.It is reported that Boyaa Interactive previously stated in August 2023 that the board had approved a budget of $5 million to purchase cryptocurrencies such as BTC and ETH. In December of the same year, the company held a special shareholders' meeting, resolving to approve potential cryptocurrency purchases totaling no more than $100 million. In April 2024, the company authorized the purchase of virtual assets amounting to $100 million.

ChainCatcher news, on April 8, the Hong Kong listed company Boyaa Interactive announced that it will invest 500,000 USD in the Web3 venture capital fund AWAKENING VENTURES, which operates as a decentralized autonomous organization. The funds raised by AWAKENING VENTURES will primarily be used to invest in projects within the Web3 space, with main investment directions including programmable Bitcoin networks, Web3 games, Easy Smart Earn ("ESE") for facilitating mass user entry, application infrastructure (such as application layer protocols), and more.Previously, on April 5, it was reported that Boyaa Interactive invested 1 million USD to lay out its business in the Web3 field.

ChainCatcher news, David, the founder of the Hong Kong-listed company Boyaa Interactive, will attend the "Web3 Insight Summit" conference and deliver a keynote speech.The first Web3 Insight Summit will be held on April 5 at 13:30 at the Renaissance Hong Kong Harbour View Hotel, and is expected to attract over 500 to 800 innovators and wealth creators from inside and outside the industry, engaging in in-depth discussions on topics such as mainstream institutional entry, ZK, modularization, and the Bitcoin ecosystem.It is reported that the Web3 Insight Summit is hosted by ChainCatcher, aiming to gather the world's most thoughtful and innovative Web3 veterans to provide more constructive insights for the industry, present more industry insights, and help Web3 move towards the mainstream.

ChainCatcher news, Boyaa Interactive announced on March 8 at the Hong Kong Stock Exchange that in order to further promote the group's business development and layout in the Web3 field, the board seeks shareholder approval at the general meeting to grant further authorization for the purchase of potential cryptocurrencies, authorizing the board to continue purchasing cryptocurrencies totaling no more than 100 million USD.Currently, the company has purchased a total of 1,110 Bitcoins at an average price of approximately 41,790 USD. It has purchased a total of 14,855 Ether at an average price of approximately 2,777 USD. It has purchased about 8 million Tether.

ChainCatcher news, HashKey Exchange assists Hong Kong listed company Boyaa Interactive (0434.HK) in completing a $20 million cryptocurrency transaction and plans to continue purchasing virtual currencies. This move not only consolidates Boyaa Interactive's position in the digital asset market but also highlights its confidence in the potential of the blockchain and virtual asset industry.HashKey Exchange, as a licensed virtual asset exchange in Hong Kong, is recognized for its compliance, fund security, and platform safety services. Boyaa Interactive's choice to make large purchases on this platform underscores its high trust in its security and professionalism.

ChainCatcher news, Hong Kong listed company Boyaa Interactive announced that it has passed a resolution at today's special shareholders' meeting, authorizing the board to conduct potential cryptocurrency purchases within 12 months, with a total purchase amount not exceeding 100 million USD. Among them, approximately 45 million USD is expected to be used for purchasing Bitcoin and Ethereum, and no more than 10 million USD will be used to purchase Tether and USD Coin.

ChainCatcher news, Hong Kong-listed company Boyaa Interactive International Limited will hold a special general meeting of shareholders on December 20, 2023. At this special general meeting, the purchase authorization will be considered and approved at the discretion of the shareholders, authorizing the directors to make potential cryptocurrency purchases.All votes at the special general meeting will be conducted by ballot. The directors (including independent non-executive directors) believe that the terms of the purchase authorization related to potential cryptocurrency purchases are fair and reasonable, in line with normal commercial terms, and in the overall interest of the company and its shareholders.The board of directors of Boyaa Interactive believes that the purchase and holding of cryptocurrencies are important measures for the group’s business layout and development in the Web3 field, and an important part of the group's asset allocation strategy. After careful consideration, the board recommends seeking prior approval from shareholders to grant the purchase authorization, which will empower the board of directors to make potential cryptocurrency purchases during the authorization period, specifically within 12 months from the date of the ordinary resolution passed at the special general meeting regarding the authorization and potential cryptocurrency purchases, with a total purchase amount not exceeding $100 million. Boyaa Interactive plans to primarily purchase Bitcoin (BTC) and Ethereum (ETH) under the purchase authorization, intending to buy $45 million in BTC and $45 million in ETH, in addition to allocating $10 million to Tether (USDT) and USD Coin (USDC).

ChainCatcher news, according to the Hong Kong Stock Exchange's official website, Hong Kong listed company Boya announced today the "Possible Very Significant Acquisition Matter - Notice of Purchase Authorization and Shareholders' Special Meeting Regarding Potential Cryptocurrency Purchases."The notice mentions that Boya is scheduled to hold a physical shareholders' special meeting on December 22, 2023 (Friday) at 3:00 PM to resolve and approve the purchase authorization to grant the directors the right to conduct potential cryptocurrency purchases totaling no more than 100 million USD during the authorization period, with an expected use of 45 million USD to purchase Bitcoin, 45 million USD to purchase Ethereum, and no more than 10 million USD to purchase stablecoins.

ChainCatcher news, the announcement shows that China's largest online gaming company, Boyaa Interactive, will increase its holdings in cryptocurrency, specifically potential cryptocurrency purchases within a 12-month period starting from the date the ordinary resolution regarding the authorization and potential cryptocurrency purchases is formally approved at the shareholders' special meeting. This move can be seen as an important initiative for Boyaa Interactive's business layout and development in the Web3 field, and is also a significant part of the group's asset allocation strategy.Currently, it is expected to purchase approximately $45 million in Bitcoin and $45 million in Ethereum, in addition to spending up to $10 million on purchasing USD stablecoins USDT and USDC. The potential cryptocurrency purchases will be conducted on the open market of regulated and licensed trading platforms, including but not limited to HashKey Exchange.Boyaa Interactive may also continue to explore potential cryptocurrency purchases on other regulated and licensed trading platforms within the scope of the purchase authorization. In addition, the group has established a dedicated regulatory team that will regularly monitor the licensing and regulatory environment of trading platforms to ensure that the platforms used by the group are safe and recognized.

According to ChainCatcher news, the board of directors of the Hong Kong-listed company Boyaa Interactive believes that the purchase and holding of cryptocurrencies is an important initiative for the group's business layout and development in the Web3 field, as well as a significant component of the group's asset allocation strategy.After careful consideration, the board recommends seeking prior approval from shareholders to grant purchase authorization, which would empower the board to conduct potential cryptocurrency purchases during the authorization period, specifically within 12 months from the date of the shareholders' extraordinary general meeting that formally approves the relevant authorization and the ordinary resolution for potential cryptocurrency purchases, with a total purchase amount not exceeding 100 million USD.Previously, ChainCatcher reported in August that the board of Boyaa Interactive had approved a budget of 5 million USD for purchasing cryptocurrencies such as BTC and ETH.

ChainCatcher news, Hong Kong listed company Boyaa Interactive announced that the board has approved a budget of 5 million USD (approximately 39.098 million HKD) for the group to purchase cryptocurrencies on regulated and licensed trading platforms over the next year, primarily including Bitcoin (BTC) and Ethereum (ETH).Boyaa Interactive stated that the funding source for the cryptocurrency purchases will be the cash reserves generated from the group's operations in Hong Kong and overseas. The group will execute the cryptocurrency purchases at its discretion based on market conditions. This cryptocurrency purchase aims to consider the group's future business layout in the Web3 field.