Boyaa Interactive Seeks $70M Crypto Investment
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Boyaa Interactive, a Hong Kong-based Web3 gaming company, is seeking shareholder approval for up to $70 million in cryptocurrency purchases over the next year. The firm plans to use idle cash reserves to buy tokens with strong potential, adding to their already massive treasury of nearly $3 billion in bitcoin and ethers. This move comes as the crypto market struggles, with few companies making significant purchases. Boyaa ranks as the third-largest corporate bitcoin holder in the Asia-Pacific region and has been increasing their holdings since pivoting to Web3 gaming last year.
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